ROCKWOOL targets Sweden for ambitious Nordic growth plans
25 June 2024 - 2:47PM
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 ROCKWOOLWe 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