Irish building materials company Kingspan has acquired a majority stake in German insulation manufacturer STEICO. STEICO produces wood fiber insulation materials with thermal conductivities between 0.038 and 0.050 W/(m·K) and primarily supplies the ecological building market. The acquisition gives Kingspan access to natural fiber technology and expands its portfolio beyond synthetic insulation materials. The deal underscores growing demand for bio-based building materials with low GWP values in the European construction industry.
This article was created with AI assistance and editorially reviewed.
