9 Apr 2002
Owens Corning Announces Plans to Increase Veil Capacity
Toledo, Ohio, 9 April, 2002 – As part of its global growth strategy, Owens Corning announced today plans to increase veil capacity with the addition of a new production line in Apeldoorn, the Netherlands.
As the recognized global leader in glass fiber non-wovens, Owens Corning has a very strong position in many markets with a particular focus on building materials, automotive and industrial applications. Demand for OC™ Veils has grown rapidly during recent years due to the unique performance characteristics of these products.
“Having just commissioned a new line in North America, this new investment in Europe reaffirms Owens Corning’s world wide commitment to our customers and their industries. This addition will first support the growth of our existing customers while also allowing us to continue the development of new markets and applications globally,” said Raymund Trost, vice president, Owens Corning.
The new line will feature the latest technologies and production flexibility. This expands Owens Corning’s capabilities to offer enhanced performance and productivity, while providing profitable growth opportunities for its customers. The line will be operational in the fourth quarter of 2003.
Notes for editors
Owens Corning is a world leader in building materials and composites systems. Founded in 1938, the company had sales of $4.8 billion in 2001 and employs approximately 19,000 people worldwide. Additional information is available on Owens Corning’s Web site at www.owenscorning.com or by calling the company’s toll-free General Information line: 1-800-GETPINK.