Strategy:
- Ongoing strengthening of competitiveness (in relation to other polyurethane manufacturers and in relation to alternative insulation materials).
- Controlled growth through geographical development.
The Insulation business line, which concentrates on the manufacture of thermal insulation material in rigid polyurethane foam (PU) and polyisocyanurate foam (PIR), is built up around two sectors: building insulation and industrial insulation.
In BUILDING INSULATION, PU/PIR foam panels are manufactured for thermal insulation of walls, floors and roofs. These products are marketed for residential, commercial, industrial, public, logistics and agricultural buildings. These insulation panels are used for both new buildings and in renovation projects. The business line has two production sites: one in Wevelgem (Belgium) and since June 2008 a second in Stoke-on-Trent (United Kingdom).
On the other hand, the INDUSTRIAL INSULATION division mainly produces slabstock in rigid PU/PIR and phenol foam. At the second stage, these blocks are cut to size or are cut into panels for insulation of refrigerated vehicles and LNG storage installations or are cut or milled into specific shapes (plates, T-pieces, segments and bends) to insulate piping in buildings and industrial installations.
In contrast to building insulation, industrial insulation is developed via the 50/50 joint venture Kingspan Tarec Industrial Insulation (KTII). The latter results from cooperation with the Irish group Kingspan. KTII has production sites in Turnhout (Belgium) and Glossop (United Kingdom). This joint venture is world market leader in a stable market segment.
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