Owens Corning completes acquisition of wool manufacturer

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Glass fiber specialist Owens Corning says that it has completed its acquisition of Guangde SKD Rock Wool Manufacture Co Ltd, a mineral wool manufacturer based in China.

SKD produces mineral wool insulation for the building and technical insulation market. Mineral wool is the primary insulation material in China, Owens Corning says. Its 2017 sales were around US$10 million.

 ‘We are pleased to further scale our mineral wool manufacturing capabilities in China,’ said Paul Wei, vice president and Asia Pacific managing director. ‘We will continue to invest in and leverage our deep building science and construction expertise to meet our customers’ growing needs in this important market.’

Owens Corning now has seven insulation manufacturing facilities across China, providing customers with a range of products including glass fiber, extruded polystyrene foam, cellular glass and mineral wool insulation.

This story uses material from Owens Corning, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.