Europe: Market research company Freedonia Group has forecast a 3% composite annual growth rate in European insulation demand over the five-year period between 2023 and 2028. This will result in a market value of €9.44bn, corresponding to volumes of 3.2Mt, in 2028. Drivers of the anticipated growth include tighter fire safety regulations and the cost effectiveness of mineral wool insulation.

US: The Center for the Polyurethanes Industry (CPI) has awarded construction, automotive and packaging products company Woodbridge the 2024 Polyurethane Innovation Award. The award acknowledges Woodbridge’s advancement of life-enhancing products and initiatives over the two-year period of June 2022 – June 2024.

Woodbridge vice president, advanced products and chemical technology, Mike Irwin said "We are pleased that Woodbridge has been honoured with the prestigious CPI Award. Our scientists have developed a proprietary process to seamlessly integrate biogenic carbon into our polyurethane foam. The result is TrimVisible BIO, a novel product that reduces CO₂."

CPI director Jason Sloan "CPI congratulates Woodbridge on this remarkable achievement. Sustainability is at the top of mind for manufacturers and the value chain. Woodbridge's TrimVisible BIO illustrates how polyurethanes are helping drive progress with durable solutions, and CPI is proud to recognise and honour Woodbridge on this cutting-edge innovation."

UAE: A researcher team at the United Arab Emirates University (UAEU) has developed a novel bio-polyester insulation based on polyhydroxybutyrate derived from date pits. The material has a thermal conductivity of below 0.1W/mK, with 80MPa compressive strength and 6 – 14MPa tensile strength. EurekAlert News has reported that the materials is also below 6% water absorbant.

Team leaders Amal Mlhem and Thomas Teklebrhan said that the bio-polyester insulation can lower the CO₂ emissions of commercial insulation and offer a biodegradable alternative.

Greece: Austria-based Austrotherm has acquired insulation producer Monosi for an undisclosed sum. PlastEurope News has reported that Austrotherm will retain Monosi’s Chalkida extruded polystyrene (XPS) insulation boards plant and its branding. As a result of the acquisition, Austrotherm now controls 29 European plants.

Austrotherm previously announced on 26 September 2024 that it was in on-going negotiations to acquire a further insulation producer in Türkiye.