Home Contractor's Corner Confidence in UK and European markets highlighted by Knauf Insulation’s significant new investment

Confidence in UK and European markets highlighted by Knauf Insulation’s significant new investment

The circa 200m investment in a new, low-carbon rock mineral wool factory follows the €50 million+ investment across its two UK glass mineral wool plants in 2023/4 with Neil Hargreaves, Managing Director for Northern Europe, stating: “this represents another exciting development for the business and our valued customers, as well as a further sign of confidence from Knauf Group in the future growth of the UK and Northern European mineral wool markets.”

Knauf Insulation has announced a major investment of circa €200 million in a new ‘state-of-the-art’ rock mineral wool factory to serve the UK market.

The company says the large-scale facility, with an annual capacity in excess of 100,000 tonnes, will utilise cutting-edge, low-carbon electric melting technology, demonstrating a strong commitment to meet the growing market demand for sustainable, non-combustible insulation solutions. 

Through this investment, Knauf Insulation says it will achieve two key goals by both decarbonising and significantly increasing its UK supply of rock mineral wool products, in addition to its existing Queensferry plant. The company says the new factory will address the market’s growing need for insulation solutions with ultra-low embodied carbon, and play a key role in helping the UK achieve its net zero targets.

Knauf Insulation’s Managing Director for Northern Europe, Neil Hargreaves.

Neil Hargreaves, Knauf Insulation’s Managing Director for Northern Europe, expressed enthusiasm about the project, stating: “Following the €50 million+ investment across our two UK glass mineral wool plants in 2023/4, this represents another exciting development for the business and our valued customers, as well as a further sign of confidence from Knauf Group in the future growth of the UK and Northern European mineral wool markets. The investment represents a step-change in the capacity, capability, and sustainability of our UK rock mineral wool solutions, whilst significantly contributing towards Knauf Group’s ambitious sustainability goals.”

It is anticipated the additional capacity will become available in 2026, and Knauf Insulation says it is currently engaged with authorities to select the most competitive location for the facility, in order to maximise its future success.

Further updates to follow during 2024 as the project progresses.

www.knaufinsulation.co.uk  

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