Armacell Financial Highlights 2018
In 2018, Armacell increased net sales to EUR 610.3 million (2017: EUR 603.2 million) and Adjusted EBITDA to EUR 106.0 million (2017: EUR 102.1 million). To fuel the future growth of the company, Armacell made significant strategic investments into production site upgrades, product portfolio extensions and into innovation.
New ArmaSound MTD Makes Commercial Spaces Quieter
ArmaSound MTD tape offers an exceptional way to mechanically decouple drywall board from the stud, reducing the amount of structure-borne sound that can pass through partition walls. This ability to bring quiet to a space makes this an ideal solution for healthcare, education, hospitality, worship and government buildings. Armacell makes this high-tech acoustical tape in the United States and it is available now through select distributors.
Armacell Launches New Manufacturing Facility in Bahrain
Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today hosted the ribbon cutting ceremony for its new manufacturing facility in the Kingdom of Bahrain. Bahraini government representatives and Armacell executives attended the ceremonial opening in the Bahrain International Investment Park (BIIP).
Armacell Announces New ArmaFlex® Shield: Tough Enough for the Job
Armacell’s newest addition to the ArmaFlex family is a continuous coil pipe insulation with a strong protective coating for challenging applications. This latest innovation is a moisture- and UV-resistant insulation solution with a durable protective coating specially designed for line set and HVAC/R applications. It is a low-maintenance alternative to unprotected insulation or adding a separate jacket on the jobsite.
Armacell Acquires Guarto
Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, acquires Guarto SRL, an Italian manufacturer of acoustic insulation solutions. Founded in 1966, Guarto is engaged in the design, manufacture and trade of non-flammable thermoplastic products (high quality heavy layers) used mainly for soundproofing purposes.