Insulation industry news from Global Insulation

Kuwait: Saint-Gobain and Kuwait’s Alghanim Industries have become joint venture partners in insulation producer Kimmco. Kimmco runs a mineral wool plant in Shuaiba-Kuwait, operating under license from Saint-Gobain Isover. It reported sales of around Euro70m in 2016 selling products in Kuwait and the Middle East.

Saint-Gobain and Alghanim Industries already operate joint venture in Turkey (Izocam) and Saudi Arabia (Siimco). Kimmco, like the other common joint-ventures, will be managed jointly by both partners and will be consolidated in Saint-Gobain's accounts.

UK: SIG’s revenue from continued operations rose by 7.5% on a like-for-like basis to Euro3.2bn in 2017. This was supported by a rise in the group’s Insulation & Interiors revenue in the UK, bolstered by rising prices. Reviving construction markets in Europe also aided performance. The group will announce its full financial results in March 2018.

UAE: Kingspan Insulation has started producing its Thermaroof TR22 brand insulation product at its plant in Dubai, according to the Emirates News Agency. The product has a fibre-free polyisocyanurate (PIR) insulation core. It is used for flat roofing cover boards to overlay new and existing flat roofs waterproofed with single-ply and cold liquid applied waterproofing. The plant also produces other products in the flat roof insulation line.

US: Kingspan Insulation has expanded its GreenGuard extruded polystyrene (XPS) insulation board range with additional thickness products and strengths. The range now includes 3 inches and 4 inches in select 25, 40 and 60 psi compressive strength boards, and a new four-sided routed drainage channel board. The new products are intended to extend the GreenGuard line into roofing, cold storage, and various below grade and vertical wall applications markets.

US: New board members have taken posts at the Reflective Insulation Manufacturers Association (RIMA) International for 2018. Doug Kinninger of Fi-Foil Company becomes the new president, Sergio Luconi of Prodex has become the vice-president and Wes Hall of Reflectix remains as secretary and treasurer. Mike Boulding of Mitex International has also joined as a director.