Additional Information
Market: LSE
Sector: Construction & Materials
EPIC: KGP
Latest Price: €727.00  (0.41% Ascending)
52-week High: €750.00
52-week Low: €555.00
Market Cap: €121,364.52M
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Kingspan Group plc
www.kingspan.com
Kingspan Group Plc is a manufacturer of a range of sustainable products for the construction industry. The Company's principal activities comprises the manufacture of insulated panels, rigid insulation boards, raised access floors, steel frame and timber frame off-site solutions, environmental and renewable fuel and water storage solutions, and hot water systems. The Company operates in four business segments: insulated panels & boards, off-Site and structural, environmental and renewables, and access floors. During the year ended December 31, 2007, the Company completed 17 acquisitions, including Coldmatic (Canadian based manufacturer of insulated panels), Tate ASP Maxcess (Canadian based manufacturer of raised access floors), Atlas Tanks (Irish based environmental tank manufacturer) and Thermomax (United Kingdom based manufacturer of advanced solar thermal systems). In August 2008, the Company completed the acquisition of Metecno, Inc.
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Lignol Energy and UK’s Kingspan in joint product development deal

11th Mar 2010, 2:18 pm Lignol Energy and UK’s Kingspan in joint product development deal

Ethanol and biorefining group Lignol Energy Corporation (TSX-V: LEC) announced an agreement with UK construction prodocts supplier Kingspan Group PLC (LSE: KGP) for the joint development of commercial applications incorporating Lignol's class of High-Purity Lignin and lignin derivatives (HP-L lignin) into various products.

The agreement establishes a program to incorporate Lignol's renewable HP-L lignin into Kingspan's products, utilizing HP-L lignin as a replacement for some of the raw materials presently used in Kingspan's products.

Kinsgspan director Peter Wilson commented: “We are interested in exploring potential applications for renewable sustainable materials such as Lignol's HP-L lignin within our business for several key reasons, including reducing the business' carbon footprint."

In converting non-food cellulosic biomass feedstocks, such as agricultural residues and forestry waste, into ethanol, the Lignol biorefining process fractionates the biomass and extracts lignin, which naturally occurs in all cellulosic biomass, to produce a range of unique HP-L lignin materials. These compounds have been shown to have application in a wide range of industrial products, with a consequent reduction of greenhouse gas emissions.

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