Construction could commence as early as next year, pending planning approval, with the new facility expected to begin operations in 2027. Reports Contract Journal
The plant will feature cutting-edge all-electric melting technology for its furnace, powered entirely by renewable electricity. It will initially produce 50,000 tonnes of stone wool insulation products under the Saint-Gobain Isover brand.
The new facility will be developed on the site of the former Saint-Gobain PAM Holwell Foundry Works in Melton Mowbray, continuing a proud legacy of manufacturing on the site that dates back to 1878.
Dean O’Sullivan, Managing Director of Saint-Gobain’s Interior Solutions businesses said: “This is a major investment in new low-carbon stone wool insulation in the UK.
“Light and sustainable construction solutions are growing in demand – driven by the need to reduce the impact of buildings on the environment and our own goals to meet our business’ target to become a net-zero carbon business.
“Through this investment which we plan to begin production in 2027, we will be able to provide customers with high-performance, very low-embodied carbon stone wool insulation in addition to our existing glass wool insulation.
“The investment is a strong sign of commitment to delivering low-carbon light and sustainable solutions and meeting our own ambitious sustainability targets.”