Press release

Recticel Insulation introduces a breakthrough low lambda technology at the Batibouw® trade fair (Brussels)

Occasional information, Brussels, 20 February 2017 – 18:00 CET, 20.02.2017

Recticel announces that its Insulation division launches a breakthrough technology for the production of rigid polyurethane (PU) insulation boards with a thermal conductivity of 0.019 W/mK, offering a 13% better insulation performance than existing products. This scientific breakthrough, called Xentro® technology, will soon be commercialised in cavity and floor applications under the respective product names Eurowall® Xentro® and Eurofloor® Xentro®.

This technology, which addresses the demands of energy-efficient buildings and high performing insulation materials for the construction market, is a significant breakthrough in the world of PU and reinforces Recticel leadership position in high performance insulation solutions for the construction market. Rigid PU insulation boards with Xentro® technology also empower more freedom in design for both new builds and refurbishment projects.

The new Xentro® products will in first instance be produced in Wevelgem (Belgium) and sold via a network of building material merchants in Belgium. At a later stage these products will also be rolled out to other countries.

 

 

Financial calendar

Annual Results 2016 27.02.2017 (before opening of the stock exchange)
First quarter 2017 trading update 26.04.2017 (before opening of the stock exchange)
Annual General Meeting 30.05.2017 (at 10.00 u CET)
First half-year 2017 results 31.08.2017 (before opening of the stock exchange)
Third quarter 2017 trading update 31.10.2017 (before opening of the stock exchange)

 

For additional information

RECTICEL - Olympiadenlaan 2, B-1140 Brussels (Evere)

Press: 
Mr Olivier Chapelle
Tel: +32 2 775 18 01
chapelle.olivier@recticel.com

Investor relations: 
Mr Michel De Smedt
Mobile: +32 479 91 11 38
desmedt.michel@recticel.com

 

Recticel in a nutshell

Recticel is a Belgian Group with a strong European dimension, but it also operates in the rest of the world. Recticel employs 7,925 people in 98 establishments in 28 countries.

Recticel contributes to daily comfort with foam filling for seats, mattresses and slat bases of top brands, insulation material, interior comfort for cars and an extensive range of other industrial and domestic applications.

Recticel is the Group behind well-known bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Swissflex®, Superba®, Ubica®, etc.) and GELTEX® inside. Within the Insulation sub-segment high-quality thermal insulation products are marketed under the well-known brands Eurowall®, Powerroof®, Powerdeck®, Powerwall® and Xentro®. Technological progress and innovation have led to breakthrough at the biggest names in the Automotive industry thanks to Colo-Fast®, Colo-Sense® and Colo-Sense Lite®.

In 2016 Recticel achieved combined sales of EUR 1.35 billion (IFRS 11 consolidated sales: EUR 1.05 billion).

Recticel (Euronext: REC – Reuters: RECTt.BR – Bloomberg: REC:BB) is listed on Euronext in Brussels.