Owen Corning acquires vliepa GmbH
Combination expands Owen Corning’s global nonwovens portfolio to address sustainability, lightweight building materials and more labor-efficient construction solutions in European markets.
Photo Credit: Owens Corning
Owens Corning (Toledo, Ohio, U.S.) recently announced that it has acquired vliepa GmbH (Brüggen, Germany), which specializes in the coating, printing and finishing of glass fiber nonwovens, paper and film for the building materials industry. The acquisition reportedly broadens Owens Corning’s global nonwovens portfolio to better serve European customers and accelerate growth of building and construction market applications in the region.
“This highly complementary combination advances our global strategy of expanding deeper into the value chain and investing in high-growth markets,” says Marcio Sandri, president of Owens Corning’s Composites business. “The acquisition adds immediate coating capacity for our customers in the building materials industry, along with supporting the transformation of the construction market from traditional materials to innovative, glass-faced solutions.”
With this transaction, Owens Corning has also taken ownership of two production facilities in Brüggen, Germany. Terms of the transaction were not released.
“I am excited about our new opportunities with Owens Corning,” says Eric Schillings, managing partner of vliepa GmbH. “Leveraging their broad enterprise capabilities and market-leading positions, Owens Corning will help us expand in our markets and accelerate our growth. I am confident that vliepa will have a bright future in the new organization.”
Finally, the acquisition reinforces Owens Corning’s commitment to its global nonwovens business, which delivers differentiated solutions. “We believe vliepa’s technology and capabilities are an ideal complement to our nonwoven solutions, manufacturing capacity and commercial relationships,” says Sandri. “Our combined organization will address several key macrotrends, including sustainability, lightweight building materials and more labor-efficient construction solutions, by delivering enhanced performance in a variety of applications, including Polyiso (polyisocyanurate) insulation and gypsum boards.”
In total, vliepa GmbH employs about 70 people and delivered 2020 sales of approximately $30 million.
Related Content
-
Infinite Composites: Type V tanks for space, hydrogen, automotive and more
After a decade of proving its linerless, weight-saving composite tanks with NASA and more than 30 aerospace companies, this CryoSphere pioneer is scaling for growth in commercial space and sustainable transportation on Earth.
-
PEEK vs. PEKK vs. PAEK and continuous compression molding
Suppliers of thermoplastics and carbon fiber chime in regarding PEEK vs. PEKK, and now PAEK, as well as in-situ consolidation — the supply chain for thermoplastic tape composites continues to evolve.
-
TU Munich develops cuboidal conformable tanks using carbon fiber composites for increased hydrogen storage
Flat tank enabling standard platform for BEV and FCEV uses thermoplastic and thermoset composites, overwrapped skeleton design in pursuit of 25% more H2 storage.