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Rockwool to build mineral wool insulation plant in West Virginia

Written by Global Insulation staff
07 July 2017

US: Rockwool is planning to build a US$150m mineral wool plant at Ranson in West Virginia. Construction is scheduled to start in October 2017 with production expected to commence in the first quarter of 2020. The new unit will have an area of 43,000m2 and employ 150 workers.

“This new production site places us close to major population centres in the north-eastern, mid-Atlantic, and mid-western US. We’re growing along with the market, and we look forward to serving our customers’ needs from this new facility,” said Trent Ogilvie, president of Roxul, Rockwool Group’s subsidiary in North America.

Published in Global Insulation News
Tagged under
  • US
  • Rockwool
  • Plant
  • West Virginia
  • Mineral Wool
  • Roxul
  • GGM35

TechnoNicol builds briquetting unit at Rostov mineral wool plant

Written by Global Insulation staff
06 July 2017

Russia: TechnoNicol has completed the construction of a Euro5.4m briquetting unit at its mineral wool plant in Rostov. The new unit will produce briquettes of waste fibres and smelt from the main production line. These will then be used to produce mineral wool. In addition to improving the plant’s environmental credentials the use of briquettes is also expected to reduce costs.

Published in Global Insulation News
Tagged under
  • Russia
  • TechnoNICOL
  • Mineral Wool
  • Plant
  • Upgrade
  • GGM35

Saint-Gobain blames Chinese overcapacity on decision to stop glass wool production

Written by Global Insulation staff
06 July 2017

China: Javier Gimeno, head of Saint-Gobain’s business in Asia-Pacific, has blamed production overcapacity for the company’s decision to stop manufacturing glass wool. He said that overcapacity had forced prices down and lowered margins, according to the Wall Street Journal. He added that the company is targeting profits over 10% and that it wants its business in China to grow faster than the national economy. Subsequently, the group has focused on products such as mortars, plastics and car windows. Gimeno also raised the issue of environmental regulations being stricter for foreign firms in China, although this is changing.

Published in Global Insulation News
Tagged under
  • China
  • SaintGobain
  • Glass Wool
  • Mineral Wool
  • GGM35

SIG grows revenue in first half of 2017

Written by Global Insulation staff
06 July 2017

UK: SIG’s revenue grew by 8.1% to Euro1.6bn in the first half of 2017 due to favourable currency exchange rates and sales in Mainland Europe. Sales in Mainland Europe rose by 42% in the period boosted by recovery in the construction markets particularly in France.

Published in Global Insulation News
Tagged under
  • UK
  • SIG
  • Results
  • France
  • GGM35

Luyang Energy-Saving Materials to spend US$11m on mineral wool plant upgrade

Written by Global Insulation staff
30 June 2017

China: Luyang Energy-Saving Materials plans to spend US$11m towards upgrading its mineral wool insulation plant in the Yiyuan Economic Development Zone in Shandong. The upgrade will add 25,000t/yr production capacity to the plant, increasing its total output to 50,000t/yr, according to Reuters. Construction is scheduled to start in July 2017 with completion in June 2018.

Published in Global Insulation News
Tagged under
  • China
  • Luyang EnergySaving Materials
  • Upgrade
  • Mineral Wool
  • Plant
  • Shandong
  • GGM35
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