Kingspan celebrates opening of Singapore office

29 September 2017 Kingspan Group
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Kingspan marked the opening of its Singapore office with a ribbon cutting ceremony earlier this week with expectations for significant future growth in the Asia-Pacific region.
 
“Future growth will come from markets such as Asia, Latin America and maybe Africa at a later stage,” said Manuel Furer, Kingspan’s Regional Managing Director for Australasia and South East Asia.

This year, Kingspan hopes to double its sales. Manuel Furer says the company is on track to achieve this target and expects huge growth in the region in the near future.
This gives us a kick-start in the Singapore market... It’s a small office and a small start, but we hope that Kingspan will be as successful in Asia as it was in the rest of the world.
 
“The construction industry is changing to become more architecturally demanding, more demanding in terms of environmental footprint and green credentials. And that’s where Kingspan is and that’s where Kingspan products will take off,” Mr. Furer said.

The office was officially launched on Tuesday by Tánaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald, who was leading a five-day trade and investment mission to the region. The joint Enterprise Ireland-IDA Ireland visit aimed to strengthen trade between Ireland and the Asia-Pacific region.
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“Trade missions such as this are vital to raise awareness of what Ireland can offer, both as a potential location for companies from the Asia-Pacific region and as a source of high-quality, innovative products and services,” said the T├ínaiste.

“It’s wonderful to see an Irish company expanding and focusing on this region,” she said at the office opening ceremony. “Focusing on research and innovation is a calling card for Ireland in this region.”
 
Last year, Irish exports to the region rose 16 percent. Singapore is an ideal location because of its direct line to other neighbouring Asian markets in the region. It also has an innovation-led economy and English is one of its four official languages.
“This gives us a kick-start in the Singapore market,” Furer explained. “It’s a small office and a small start, but we hope that Kingspan will be as successful in Asia as it was in the rest of the world,” commented Mr. Furer.
 
Kingspan has already won a listing with Singaporean authorities for its innovative, next-generation QuadCore Technology insulated panels. The company also hopes to open an innovation centre in the region at some point.
From the 1990s until today, Kingspan Group has grown with significant success and expansion across Europe, North America, Canada, Australasia and South East Asia.

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