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Bahrain's Investcorp sells Armacell for $655mBahrain-based private equity firm Investcorp has agreed a sale of its German insulation firm Armacell to Charterhouse Capital Partners for over 500 million euros ($655 million). The sale had stalled earlier this year after bids fr More… |
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Investcorp sees Armacell sale under threatBahrain-based private equity firm Investcorp's sale of Armacell is under threat as bids for the German insulation firm are due to come in lower than its 500 million euro ($653.30 million) price tag, said bankers. Second-round More… |
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Citadel company starts glasswool productionGlassRock Insulation Company, a portfolio company of Citadel Capital’s regional mining platform Ascom, said it has successfully completed the commissioning phase of its new production line for glasswool, an insulating material made from fi More… |
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Rubber World plans to double growth in 2012Rubber World Industries (RWI), the leading manufacturer of closed-cell rubber insulation Gulf-O-Flex, has revealed its move to hit double digit growth before the end of 2012. RWI, part of the international business conglomerate Shaikhani G More… |
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Rubber World to showcase at Ajman showUAE-based Rubber World Industries (RWI) will showcase its range of rubber-based insulated building materials and trading products an upcoming industrial exhibition in Ajman. Sponsored and organised by the Ajman Chamber of Commerce and Indu More… |
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RWI eyes major projects in BahrainRubber World Industries (RWI), a key player in the rubber insulation products sector based in the UAE, aims to expand its trading portfolio to help complement the growing number of projects in Bahrain, said a senior official. Unveiling its More… |
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Rubber World Industries plans Qatar expansionRubber World Industries (RWI), a leading manufacturer of closed-cell rubber insulation 'Gulf-O-flex' in the Gulf and South-East Asia, plans to expand its network of local clients and partners in Qatar. Senior company officials said More… |
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Insulation in industries 'can save billions'Power plants and industries operating at high temperature have huge overlooked potential to use insulation to cut energy use and greenhouse gas emissions, a top Danish insulation group said. "On a global basis you are talking billions of d More… |
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RWI displays hi-quality rubber products at Big 5Rubber World Industries, the leading manufacturer of closed-cell rubber insulation 'Gulf-O-Flex', is showcasing its high quality rubber products at the ongoing ‘The Big 5’ show. The leading international building and construction e More… |
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Insulation ‘key to energy efficiency’Companies save more energy and money while complying with green building codes by increasing the use of quality insulation and solar paneling to tackle greenhouse issues, said an expert. Kingspan Insulated Panels Middle East General Manage More… |
