Knauf Insulation to invest EUR 120 million in new glass mineral wool plant in Malaysia

Source: eKapija Thursday, 09.08.2018. 14:30
Comments
Podeli
(Photo: Kanuf insulation)
Knauf Insulation is to build a EUR 120 million plant in Malaysia to meet soaring demand for its Mineral Wool insulation solutions across the Asia Pacific region.

As the company says on its website, the new plant, which will be located in Johor Bahru in the southern part of the country, will have a capacity of 75,000 tons a year. The plant is scheduled to be completed in early 2020 and will create 180 jobs in Malaysia as well as a further 60 new positions across the region.


– We have seen record sales due to increasing energy costs across Asia and more stringent energy-saving building regulations in countries such as Australia, Japan and Korea – said Stuart Dunbar, Regional General Manager for the Asia Pacific Region at Knauf Insulation.

The new facility will build on this success providing a major competitive edge for the company as well as significant advantages for customers. The plant will use up to 80% post-consumer recycled glass in the manufacturing process and feature Knauf patented high compression packaging. All products will be made using Knauf Insulation’s revolutionary bio-based binder, ECOSE® Technology, it is added.

The facility will offer customers enhanced services and a wider product range for residential and non-residential buildings specifically tailored for the Asia Pacific market.

Let us remind that Knauf Insulation started producing stone mineral wool in its plant in Surdulica, using the new ECOSE® Technology, based on quickly renewable matters instead of oil-based chemicals, on January 1, 2016.
Comments
Your comment
Full information is available only to commercial users-subscribers and it is necessary to log in.

Forgot your password? Click here HERE

For free test use, click HERE

Pratite na našem portalu vesti, tendere, investicione projekte, grantove i pravnu regulativu.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno, uz konsultacije sa našim ekspertima.