HEDEHUSENE, Denmark, June 25, 2024 (GLOBE NEWSWIRE) -- ROCKWOOL today announced
it will start building a new factory in Eskilstuna, Sweden, approx. 100
kilometres west of Stockholm, a logistically ideal location to serve customers
in the Swedish and Finnish markets. Powered by Sweden's abundant supply of low-
carbon electricity, the state-of-the-art manufacturing facility will create 120
new jobs. The new factory will produce annually 100 kt of ROCKWOOL's non-
combustible, recyclable, and long-lasting stone wool insulation making it the
world's largest electric melter to date. Start of operations is expected in the
second half of 2027.
Having previously announced the land purchase, consulted with the community and
relevant authorities, and initiated the regulatory approval processes, ROCKWOOL
will begin construction in the nearest future. The insulation factory will be
ROCKWOOL's fifth in the Nordics region.
"Our customers are increasingly demanding low-carbon footprint building
materials to achieve their own decarbonisation objectives as well as EU-wide
targets in the Energy Efficiency and Energy Performance of Buildings directives.
ROCKWOOL's proprietary large-scale electrical melting technology drawing on
Sweden's abundant supply of low-carbon electricity will help meet this need,
which we expect to grow over time as the EU directives get implemented," says
Frank Larsen, Managing Director, ROCKWOOL Nordics. Frank Larsen continues,
"What's more, the factory will also contribute to ROCKWOOL meeting its own
ambitious decarbonisation targets."
About ROCKWOOL
We are committed to enriching the lives of everyone who experiences our products
and services. We help customers and communities tackle many of today's biggest
sustainability and development challenges, from energy consumption and noise
pollution to fire resilience, water scarcity and flooding. Our product range
reflects the diversity of the world's needs, while supporting our stakeholders
in reducing their own carbon footprint.
Stone wool is a fully recyclable, versatile material that forms the basis of all
our businesses. With approximately 12 000 dedicated colleagues in 40 countries
and sales in more than 120, we are the world leader in stone wool products, from
building insulation to acoustic ceilings, external cladding systems to
horticultural solutions, engineered fibres for industrial use to insulation for
the process industry and marine & offshore.
Helge Frandsen, helge.frandsen@rockwool.com, P: +45 22949824
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/dcb17812-
8d62-436e-9f31-9e50c7aff06e
Â