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An announcement from Compagnie de Saint Gobain ( (FR:SGO) ) is now available.
Saint-Gobain is set to launch its first low-carbon stone wool insulation plant in the UK, located in Melton Mowbray, Leicestershire, with production expected to start in 2027. This facility will initially produce 50,000 tonnes of high-performance stone wool insulation annually, with the potential to double output. Utilizing cutting-edge technology and renewable electricity, this investment aligns with Saint-Gobain’s commitment to net zero carbon emissions by 2050 and reinforces its leadership in sustainable construction solutions in the UK.
More about Compagnie de Saint Gobain
Saint-Gobain is a global leader in light and sustainable construction, designing, manufacturing, and distributing materials and services for the construction and industrial markets. The company is committed to sustainability and innovation, with integrated solutions for building renovation, light construction, and decarbonization. Celebrating its 360th anniversary in 2025, Saint-Gobain operates in 80 countries with over 161,000 employees and reported €46.6 billion in sales in 2024.
See more data about SGO stock on TipRanks’ Stock Analysis page.