Armacell 2018 Sustainability Report
This is our first Sustainability Report and outlines Armacell’s understanding of Corporate Social Responsibility (CSR) and our initiatives in four areas of commitment: Employees First – Protect our Planet – Foster Communities – Drive Growth. This publication enables us to measure the effects of our activities on the environment, on society and on the economy, and allows us to compile relevant data to analyse and improve our actions.
Armacell Wins a 2018 NIA Safety Award
The National Insulation Association (NIA) announced the 2018 Theodore H. Brodie Distinguished Safety Award™ winners at its 64th Annual Convention in Nassau, Bahamas, on April 4, 2019. NIA’s Safety Award program honors 4 levels of excellence: Platinum, Gold, Silver, and Bronze for Associates (Manufacturers), Contractors, Distributors/Fabricators, and Metal Building Laminators.
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 ArmaComfort MTD Makes Commercial Spaces Quieter
ArmaComfort 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).