Armacell

EQS-News: Armacell Financial Highlights 2023

Retrieved on: 
Wednesday, March 13, 2024
DNA, Supervisory board, Growth, FEF, EUR, Armacell, HTF, Face, Wind, Cryptocurrency

Luxembourg, 22 February 2024 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today reported its preliminary unaudited financial results for the year ending 31 December 2023.

Key Points: 
  • Luxembourg, 22 February 2024 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today reported its preliminary unaudited financial results for the year ending 31 December 2023.
  • In 2023, Armacell realised net sales of EUR 836.1 million, an increase of 3.7% on 2022 (EUR 806.2 million).
  • Growth was partially offset by weaker demand in the wind market and in residential equipment, to which Armacell only has limited exposure.
  • District heating, also an increasingly important market, is being served by Armacell Austria and Armacell Serbia, both acquired in 2022.

EQS-News: Armacell Announces Transition of CEO

Retrieved on: 
Tuesday, February 13, 2024
Armacell, Supervisory board, Management

With effect from April 2024, Laurent Musy will join Armacell as President and CEO.

Key Points: 
  • With effect from April 2024, Laurent Musy will join Armacell as President and CEO.
  • The Supervisory Board would like to thank Patrick Mathieu for his longstanding leadership as CEO.
  • “With Patrick, as Non-Executive Director, we will continue to benefit from his experience and with Laurent Musy, as new CEO, Armacell will further accelerate its growth journey,” Mathieu Paillat, Chairman of Armacell's Supervisory Board, said.
  • Commenting on his appointment, Laurent Musy added: “I see the Armacell Group well set for profitable growth.

Spray Foam Insulation Market worth $3,865 million by 2033 - Exclusive Report by We Market Research

Retrieved on: 
Friday, November 10, 2023
Foam, Saint-Gobain, Carbon, Construction, Polyurethane, Research, Climate change, Prevalence, Armacell, BASF SE, Dow, Organic compound, Bayer, Owens Corning, Report, BASF, Building code, Heat, Growth, Noise reduction, Volatile organic compound, LP, SE, Engineered wood, Recycling, Glass wool, Thermoplastic

The strong emphasis on enhancing energy efficiency in building structures is driving the expansion of the spray foam insulation market.

Key Points: 
  • The strong emphasis on enhancing energy efficiency in building structures is driving the expansion of the spray foam insulation market.
  • Open cell spray foam leads the spray foam insulation market with a substantial 60% share in 2022.
  • Some of the major companies operating within the spray foam insulation market are BASF SE, Covestro AG, Lapolla Industries, Inc., Huntsman International LLC., Dow, SAFCO Foam Insulation, Cajun Foam Insulation, EnergyGuard Foam Insulators, LP, Saint-Gobain, Insulation Northwest, PUFF INC, Pittsburgh Foam Insulation, Owens Corning., Recticel, Armacell, NCFI Polyurethanes, CERTAINTEED., Rhino Linings Corporation and Bayer AG.
  • In the spray foam insulation market, they have focused on developing innovative and high-performance insulation materials.

Spray Foam Insulation Market worth $3,865 million by 2033 - Exclusive Report by We Market Research

Retrieved on: 
Friday, November 10, 2023
Foam, Saint-Gobain, Carbon, Construction, Polyurethane, Research, Climate change, Prevalence, Armacell, BASF SE, Dow, Organic compound, Bayer, Owens Corning, Report, BASF, Building code, Heat, Growth, Noise reduction, Volatile organic compound, LP, SE, Engineered wood, Recycling, Glass wool, Thermoplastic

The strong emphasis on enhancing energy efficiency in building structures is driving the expansion of the spray foam insulation market.

Key Points: 
  • The strong emphasis on enhancing energy efficiency in building structures is driving the expansion of the spray foam insulation market.
  • Open cell spray foam leads the spray foam insulation market with a substantial 60% share in 2022.
  • Some of the major companies operating within the spray foam insulation market are BASF SE, Covestro AG, Lapolla Industries, Inc., Huntsman International LLC., Dow, SAFCO Foam Insulation, Cajun Foam Insulation, EnergyGuard Foam Insulators, LP, Saint-Gobain, Insulation Northwest, PUFF INC, Pittsburgh Foam Insulation, Owens Corning., Recticel, Armacell, NCFI Polyurethanes, CERTAINTEED., Rhino Linings Corporation and Bayer AG.
  • In the spray foam insulation market, they have focused on developing innovative and high-performance insulation materials.

Global Aerogel Market Predicts Rapid Growth with Unique Attributes Driving Demand - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 24, 2023
Chemicals, Plastics, Automotive, EV, Electric Vehicles, Other Construction & Property, Manufacturing, Construction & Property, Atmosphere, Market analysis, Cabot Corporation, Electric vehicle, Electricity, Clothing, EMI, Electronics, Cosmetics, Energy storage, Market, Tissue engineering, Sound, BASF, Filtration, Growth, Jean Enersen, Silicon, Armacell, Gel, Aerogel, Electric battery, Speciality chemicals, Thermoplastic, Renewable energy

The aerogel market is taking flight with remarkable growth projected due to the exceptional attributes of aerogels.

Key Points: 
  • The aerogel market is taking flight with remarkable growth projected due to the exceptional attributes of aerogels.
  • Industry leaders such as Aspen Aerogels, Cabot Corporation, BASF, Armacell, JIOS Aerogel Corporation, and Enersens are driving innovation and growth.
  • Market Projections - A Dynamic Industry:
    The aerogel market is poised for exponential growth, with global revenues projected to rise significantly from 2018 to 2034.
  • In conclusion, the global aerogel market's rapid growth is driven by its unique properties that enable lightweight insulation, high performance, and environmental benefits.

EQS-News: Armacell Financial Highlights 2022

Retrieved on: 
Thursday, February 23, 2023
EBITDA, HTL, FX, Acoustics, Growth, HVAC, Acquisition, Engineering, Investment, Corrosion, Environment, PET, Wind, COVID-19, Armacell, Cryptocurrency, Renewable energy

Luxembourg, 23 February 2023 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today reported its preliminary unaudited financial results for the year ending 31 December 2022.

Key Points: 
  • Luxembourg, 23 February 2023 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today reported its preliminary unaudited financial results for the year ending 31 December 2022.
  • In 2022, Armacell realised net sales of EUR 806.0 million, an increase of 19.1% on 2021 (EUR 676.6 million).
  • Commenting on the financial performance, Patrick Mathieu, Armacell’s President & CEO, said: “In 2022, our business model again proved resilient.
  • In 2022, Armacell again maintained a high level of investment to advance its innovative products and green technology solutions.

Building Insulation Materials Global Market Report 2022: Sector to Reach $30.96 Billion by 2026 at a 4.8% CAGR - ResearchAndMarkets.com

Retrieved on: 
Monday, January 23, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Benchmark, Fiberglass, Coronavirus, Create, Cellulose, Heat, Urbanization, Smoke, Agriculture, Growth, Armacell, Thermoplastic, Marketing

The "Building Insulation Materials Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Building Insulation Materials Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.
  • The building insulation materials market consists of sales of vermiculite, cementitious foam insulation, extruded polystyrene (Xps), and phenol formaldehyde resin.
  • The regions covered in the building insulation materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The materials involved in building insulation materials are fiberglass, mineral wool, cellulose, polyurethane foam, polyisocyanurate foam, polystyrene, aerogels, and others.

KIRKBI A/S Acquires BrainPOP, A Leading Educational Technology Platform for Kids, Educators, and Families

Retrieved on: 
Tuesday, October 11, 2022
Technology, Mobile, Wireless, Audio, Video, Family, Consumer, Preschool, Other Education, Primary, Secondary, Teens, Software, Education, Children, Networks, Internet, LEGO, Renewable energy, Science, Armacell, Education, ISS, Parent, The Lego Group, Landis+Gyr, Research, Multimedia, Investment, Learning, Kirk, Knowledge, Student, Curriculum, Company, Acquisition, Lego Ideas, BrainPop, CEO, Ecosystem, Learning through play, Chair, DNA, Kjeld Kirk Kristiansen, Merlin Entertainments, Magic, Ownership, School, Toy, Tutoring, Pharmaceutical industry, Financial services, Management

KIRKBI A/S, the family-owned holding and investment company of the LEGO brand (KIRKBI), and BrainPOP, a leading educational technology business (the Company), today announced that they have entered into a definitive agreement for KIRKBI to acquire 100% ownership of BrainPOP.

Key Points: 
  • KIRKBI A/S, the family-owned holding and investment company of the LEGO brand (KIRKBI), and BrainPOP, a leading educational technology business (the Company), today announced that they have entered into a definitive agreement for KIRKBI to acquire 100% ownership of BrainPOP.
  • View the full release here: https://www.businesswire.com/news/home/20221011005785/en/
    BrainPOP is a trusted digital education brand grounded in research and the science of learning.
  • BrainPOP recently launched its first subject-specific offering, BrainPOP Science, a new supplemental, student-driven instructional and assessment solution for middle school classrooms.
  • BrainPOP remains operationally independent of KIRKBI and the LEGO Group, with KIRKBI assuming full control and accountability for BrainPOPs performance and governance.

Pipe Insulation Market worth $2.6 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 10, 2022
Foam, Knowledge, Growth, Armacell, EPBD, CAGR, District, Intelligence, Mineral wool, Research, MEA, Infrastructure, Johns Manville, Temperature, Rest, Central and Eastern Europe, Kingspan Group, Transport, GEM, Pipe insulation, Building, Heat, Huntsman Corporation, USD, BASF, SME, Consumer, Thermoplastic, Renewable energy, Marketing, Industry, Region, EU

CHICAGO, Oct. 10, 2022 /PRNewswire/ -- Pipe Insulation Market size is projected to grow to USD 2 6 billion by 2027, at a CAGR of 3.8% from USD 2.2 billion in 2022, as per the new study published by MarketsandMarkets.

Key Points: 
  • CHICAGO, Oct. 10, 2022 /PRNewswire/ -- Pipe Insulation Market size is projected to grow to USD 2 6 billion by 2027, at a CAGR of 3.8% from USD 2.2 billion in 2022, as per the new study published by MarketsandMarkets.
  • Pipe Insulations are materials or combinations of materials wrapped around the pipe which retard the flow of heat energy.
  • Piping shall be insulated as per the insulation class, operating temperature, and insulation thickness stated in the piping and instrumentation diagram (P&ID).
  • Rockwool is thelargest material type of pipe insulation market.

EQS-News: Armacell acquires Austroflex – a leading Austrian manufacturer of pre-insulated pipe systems

Retrieved on: 
Tuesday, October 4, 2022
Solution, EUR, Knowledge, Invention, Acquisition, EBITDA, CEO, Armacell, Family, Renewable energy

Luxembourg/Villach, 04 October 2022 Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, has acquired Austroflex Rohr-Isoliersysteme GmbH, an Austrian expert in flexible pre-insulated pipe systems, thermal solar pipe systems and technical insulation solutions.

Key Points: 
  • Luxembourg/Villach, 04 October 2022 Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, has acquired Austroflex Rohr-Isoliersysteme GmbH, an Austrian expert in flexible pre-insulated pipe systems, thermal solar pipe systems and technical insulation solutions.
  • Founded in 1985 as a family-run business, the Austrian manufacturer is well-recognised in both the domestic as well as the German market.
  • As the inventors of flexible foam for equipment insulation and a leading provider of engineered foams, Armacell develops innovative and safe thermal, acoustic and mechanical solutions that create sustainable value for its customers.
  • Armacell focuses on insulation materials for technical equipment, high-performance foams for high-tech and lightweight applications and next-generation aerogel blanket technology.