Rockwool Global Expanison In Insulation Continues

Danish-based Rockwool has opened its new stone wool plant at Pican in Croatia. Products will be sold locally and exported to other parts of Southern Europe. The company is also opening new plants or additional lines in Canada; Poland; the UK; and Ukraine. It is also increasing production capacity at its French plant by 43,000/tpa, and is opening a new office in London. In Germany, which accounts for 15% of Rockwool sales and is its biggest market, overall sales of insulation have fallen by 30-40% over the past 5 years but are now starting to grow again. New production technology has been installed at the firm's German plant that adds a cement-type fire insulation coating to the stone wool. Capacity has also been increased.