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Kingspan. The global leader in high performance insulation and building envelope solutions. Improving building performance, construction methods and ultimately people's lives - that's what drives our teams across the world.
Over the course of 2021 we invested a total of €714m on acquisitions, capex and financial investments. The largest of these was Logstor Group, a European based provider of highly insulated district heating infrastructure, acquired in June 2021 for €245m. We also became a founding investor in the ground breaking H2 Green Steel in Sweden that aims to become the world’s first zero carbon steel facility.
PowerPanelTM (an engineered combination of QuadCoreTM insulated panel and solar PV) development completed during the period and a large scale project on an in-house roof was completed in quarter three. This is now fully operational with real time energy monitoring underway.
2021 was the second year of our ambitious ten-year programme to further boost the environmental ethos of Kingspan. This builds upon the foundations laid over our previous ten-year Net Zero Energy programme that completed successfully in 2020. The current programme encompasses stretching goals across twelve targets.
From a small family business to a large multinational - Kingspan has a long and diverse history which is deeply rooted in the communities in which our plants are developed.