Armacell Achieves the 2023 NIA Safety Award

The National Insulation Association (NIA) announced the 2023 Safety Award winners in conjunction with its 68th Annual Convention, which took place in Naples, Florida, April 17–19, 2024. NIA’s Safety Excellence Award is the only national award for outstanding safety performance in the mechanical insulation industry. The award program recognizes top companies that have established structured safety programs to ensure the well-being of their employees and create safe working environments.


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Armacell Financial Highlights 2023

• Net sales rose by 3.7% to EUR 836.1 million by the end of 2023

• Adjusted EBITDA at EUR 154.6 million resulted in an adjusted EBITDA margin of 18.5%

• CEO transition well under way

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Armacell Announces Transition of CEO

Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, announced today that, after close to twelve years as President and CEO, Patrick Mathieu has decided to step down at the end of March 2024. Going forward, he will be appointed as a Non-Executive Director by the Supervisory Board.

With effect from April 2024, Laurent Musy will join Armacell as President and CEO. Laurent Musy brings a broad range of know-how and experience in the global building materials industry.

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Gasket Fabricators Association Supplier Expo

The 2024 Gasketing/Converting Supplier Expo offers fabricators and suppliers networking opportunities. Meeting highlights includes supplier expos, roundtable discussions, and technical presentations.

March 18-20, 2024

Rosen Shingle Creek | Orlando, Florida

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We're Exhibiting at the 2024 Foam Expo

This free to attend exhibition and networking event will unite manufacturers and buyers of technical foam materials, products and services and will serve the entire foam manufacturing industry, including raw materials, chemicals, manufacture and process equipment and all associated services.

June 25-27

Booth #2310

Suburban Showplace

Novi, Michigan

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