Owens Corning

Owens Corning Delivers Net Sales of $2.6 Billion; Generates Net Earnings of $345 Million and Adjusted EBIT of $534 Million

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水曜日, 7月 26, 2023
Chemicals, Plastics, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Manufacturing, Science, RIR, Policy, Growth, Electricity, EBITDA, The First Half of My Life, EBIT, Carbon, Safety, Sustainability reporting, Owens Corning, Pharmaceutical industry, Renewable energy, Fine chemical

Owens Corning continues to invest in accelerating new product and process innovation to support customers and generate additional growth.

Key Points: 
  • Owens Corning continues to invest in accelerating new product and process innovation to support customers and generate additional growth.
  • Owens Corning continues to be recognized as a leader in environmental, social, and governance matters and in May published its 17th annual Sustainability Report.
  • The company paid a quarterly cash dividend of $47 million and repurchased 1.1 million shares of common stock for $113 million.
  • EBIT decreased $67 million to $87 million while maintaining 14% EBIT margins and 21% EBITDA margins, on the impact of lower sales volumes and the resulting production downtime.

Insulation Industry to Witness Increasing Demand from EV Companies - Grand View Research, Inc.

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火曜日, 7月 11, 2023
Plastic, Sustainable Development Goals, Loss, EV, World Green Building Council, IEA, Owens Corning, Trend analysis, Environmental policy of the Joe Biden administration, USD, EVS, Building, WAP, Traction, Investment, Low-Income Home Energy Assistance Program, SAN, Growth, Heat, R, Transport, Red Data Book of Ukraine, Renewable energy, Glass fiber

Concerted efforts to enhance workplace safety have furthered the demand for insulation products and materials.

Key Points: 
  • Concerted efforts to enhance workplace safety have furthered the demand for insulation products and materials.
  • Forward-looking companies have upped investments in building thermal insulation to minimize energy consumption by preventing heat gain or loss.
  • These trends have furthered the demand for recyclable insulation and renewable technologies amidst surging energy demand.
  • Order your copy of the free Sample of "Insulation Industry Data Book - Insulation, Industrial Insulation, Building Thermal Insulation, Active Insulation, Electric Vehicle Insulation and Aerospace Insulation Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030" Data Book, published by Grand View Research
    The automotive sector has witnessed a proliferation in demand for insulation materials in electric vehicles.

Sotera Health Announces Jon Lyons as New Senior Vice President and Chief Financial Officer

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月曜日, 6月 26, 2023
Ohio State University, Interim, Executive, Building material, University, FP, Owens Corning, CAH, SHC, OC, Cardinal Health, Interim management, Kent State University, Corporation, NYSE, Management, Finance

Mr. Lyons recently served as Vice President, Corporate FP&A for Owens Corning (NYSE: OC), a nearly $10 billion global building and construction materials leader.

Key Points: 
  • Mr. Lyons recently served as Vice President, Corporate FP&A for Owens Corning (NYSE: OC), a nearly $10 billion global building and construction materials leader.
  • Prior to this role, Mr. Lyons was Vice President and Finance leader for Owens Corning’s $3.7 billion Insulation business and the company’s $2.7 billion Composites business.
  • “I am thrilled to welcome Jon to the team,” said Michael B. Petras, Jr., Chairman and Chief Executive Officer of Sotera Health.
  • “I am delighted to join Sotera Health, a company that plays such a critical role in the health care supply chain,” said Lyons.

Kibsi Launches AI Platform to Help Customers Gain Business Insights from Cameras After Securing $9.3 Million in Funding

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木曜日, 6月 22, 2023
Technology, Photography, Audio, Video, Software, Networks, Internet, Hardware, Data Management, Artificial Intelligence, Amazon Web Services, Partnership, Owens Corning, Animal, Pet, Growth, AI, Woodland Park Zoo, Environment, AWS, KPI-driven code analysis, Retail, Medical imaging, Engineering, Fuad al-Kibsi, Whiskers

Kibsi offers an intuitive, low-code, drag-and-drop environment that makes it incredibly easy for anyone to leverage the power of AI to breathe new life into their existing cameras.

Key Points: 
  • Kibsi offers an intuitive, low-code, drag-and-drop environment that makes it incredibly easy for anyone to leverage the power of AI to breathe new life into their existing cameras.
  • Relational understanding: Kibsi recognizes and leverages the relationships between objects, providing a deeper understanding of the environment.
  • Kibsi has already attracted some of the world's most exciting companies as early customers, including Owens Corning, Whisker, and Woodland Park Zoo.
  • “We’re on a mission to disrupt how customers deploy vision-based AI,” said Tolga Tarhan, Founder and CEO of Kibsi.

Skyline Roofing Partners Names Jeremy Christopher as Vice President of Business Development

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水曜日, 6月 21, 2023
Organization, Growth, Business development, Acquisition, Northeast Florida Regional Airport, Culture, Owens Corning

ATLANTA, June 21, 2023 /PRNewswire/ - Skyline Roofing Partners ("Skyline") is pleased to announce the addition of Jeremy Christopher to our corporate team in the role of Vice President, Business Development.

Key Points: 
  • ATLANTA, June 21, 2023 /PRNewswire/ - Skyline Roofing Partners ("Skyline") is pleased to announce the addition of Jeremy Christopher to our corporate team in the role of Vice President, Business Development.
  • Jeremy is an experienced sales professional within the roofing industry and has an excellent track record of managing top-line growth having previously worked with several Fortune 500 organizations.
  • "I'm very excited to continue to have the opportunity to partner with roofing contractors to help drive growth in their business."
  • "We are excited to welcome Jeremy to the Skyline team" said Dan Reed, CEO, Skyline.

Ohmium Appoints Duncan Palmer as Independent Board Director

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木曜日, 6月 15, 2023
Other Energy, Sustainability, Environment, Alternative Energy, Energy, Technology, Green Technology, Other Technology, Proton, Shell, IPO, International, Electrolysis, Owens Corning, Proton-exchange membrane, Audit committee, Gasoline, OC, Multimedia, Carbon, Wind, PEM, CWK, Retirement, Aptitude, RELX, Natural gas, CFO, Knowledge, Growth, NYSE, Independent Board for Presbyterian Foreign Missions, Virtual CFO, Management, Renewable energy, Palmer

Ohmium International , a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) Electrolyzer systems, today announced the appointment of Duncan Palmer as an Independent Board Director.

Key Points: 
  • Ohmium International , a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) Electrolyzer systems, today announced the appointment of Duncan Palmer as an Independent Board Director.
  • Palmer has two decades of experience as a former Chief Financial Officer (CFO) and Board Director of several privately held and publicly listed international companies.
  • In his role at Ohmium, Palmer will provide expert independent leadership, oversight and financial insight contributing to the company’s international growth ambitions.
  • “I’m excited about the tremendous potential of green hydrogen to accelerate the energy transition and to deliver deep cuts in carbon emissions across hard-to-abate sectors,” said Duncan Palmer, Director, Ohmium International.

Employee Reimbursement Platform Compt Adds Seasoned HR Executive Mari Sifo to Board of Directors

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木曜日, 6月 1, 2023
Professional Services, Data Management, Business, Technology, Human Resources, Software, Human resources, Interview, Owens Corning, 21st Century Leaders Awards, EVP, Communication, SHRM, CHRO, Human, Organizational culture, Host Hotels & Resorts, Organization, Mondelez International, Employee benefits, SPHR, Battery Ventures, United Technologies, Female, Management, Enriqueta Compte y Riqué

Compt , an end-to-end reimbursement platform optimized for personalizing benefits for today’s workforce, is pleased to announce the appointment of Mari Sifo, SPHR, GPHR, SHRM-SCP, to its Board of Directors.

Key Points: 
  • Compt , an end-to-end reimbursement platform optimized for personalizing benefits for today’s workforce, is pleased to announce the appointment of Mari Sifo, SPHR, GPHR, SHRM-SCP, to its Board of Directors.
  • Her insight proves invaluable as Compt continues to scale its operations and support more global clients across all industries.
  • "We are thrilled to welcome Mari to our board," said Compt Founder and CEO Amy Spurling.
  • "One of my areas of focus at Compt is creating a diverse team, including the board.

Building Insulation Global Market to 2027: Increasing Emphasis on Controlling Greenhouse Emissions Drives Growth - ResearchAndMarkets.com

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金曜日, 5月 26, 2023
Construction & Property, Other Manufacturing, Building Systems, Manufacturing, Urbanization, Construction, Owens Corning, COVID-19, Carbon, Government, Kingspan Group, SE, BASF, BASF SE, Growth, Glass, Foam

Factors such as expanding building & construction industry, increasing emphasis on controlling greenhouse emissions, rising urbanization, growing focus on energy conservation and supportive government policies and initiatives would drive the growth of the market.

Key Points: 
  • Factors such as expanding building & construction industry, increasing emphasis on controlling greenhouse emissions, rising urbanization, growing focus on energy conservation and supportive government policies and initiatives would drive the growth of the market.
  • The global building insulation market has been segmented on the basis of type, application and end-user and platform.
  • Depending on application, global building insulation market can be categorized into Wall insulation, roof insulation and floor insulation.
  • Whereas, according to the end-user, the global building insulation market can be divided into residential and non-residential segments.

Owens Corning Publishes 2022 Sustainability Report

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火曜日, 5月 23, 2023
Professional Services, Environmental Health, Sustainability, Other Construction & Property, Residential Building & Real Estate, Other Manufacturing, Construction & Property, DEI (Diversity, Equity and Inclusion), Environment, Green Technology, Building Systems, Environmental, Social and Governance (ESG), Manufacturing, Carbon, Bureau of Labor Statistics, United Nations Sustainable Development Group, Heart, Housing, Senior, CSA, Sustainability reporting, Silent Scope 2, Owens Corning, Electricity, Work, Woman, Virtual, GHG, OC, DJSI, TCFD, Task Force on Climate Related Financial Disclosures, Sustainable Development Goals, Wind, Science, Task force, Sustainability accounting, GRI, Sustainability Accounting Standards Board, Professional, Chairperson, CDP, Carbon Disclosure Project, Geothermal energy, Communication, Health, VPPA, Dow Jones Sustainability Indices, NYSE, Safety, ZEBRA, Renewable energy, Management, Glass fiber

Owens Corning (NYSE: OC) today published its 2022 Sustainability Report, Our Mission at Work , outlining the company’s progress toward its 2030 sustainability goals.

Key Points: 
  • Owens Corning (NYSE: OC) today published its 2022 Sustainability Report, Our Mission at Work , outlining the company’s progress toward its 2030 sustainability goals.
  • “In doing so, we demonstrated the power of our company’s mission to build a sustainable future through material innovation.”
    The report is the 17th sustainability report from Owens Corning, which published its first report in 2006.
  • The 2022 report is the first under the leadership of Senior Vice President and Chief Sustainability Officer David Rabuano, who is leading the company’s next-chapter sustainability strategy.
  • “In 2023 and beyond, sustainability will remain at the heart of our business and a critical value creator for Owens Corning, our customers, and other stakeholders,” said Rabuano.

Green Builder Media and Thrive Home Builders Celebrate the Grand Opening of Nation’s First Carbon Neutral Neighborhood

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月曜日, 5月 22, 2023
Carbon, Green Builder Media, Want, Thrive, Sondrio, LEED, DuPont, Owens Corning, Mitsubishi Electric Trane HVAC, Fort Lupton, Nature, Water, Panasonic, LP, Cati, Retreat, Interior design, Electric battery

Green Builder Media and Thrive Home Builders (Thrive) are proud to announce the grand opening of VISION House Sonders, two green demonstration homes within the new Sonders Fort Collins neighborhood.

Key Points: 
  • Green Builder Media and Thrive Home Builders (Thrive) are proud to announce the grand opening of VISION House Sonders, two green demonstration homes within the new Sonders Fort Collins neighborhood.
  • In addition, they are DOE Zero Energy Ready, Energy Star Certified, EPA Indoor Air Plus qualified, and LEED v4 certified.
  • Thrive determined that 103,000 kg of carbon needed to be offset for the Retreat Model.
  • “We are thrilled to be among the leading home builders, if not the first in the nation, to build a carbon neutral production home,” says Stephen Myers, CEO at Thrive.