Development may begin early subsequent yr topic to planning approval with the brand new manufacturing unit focused to start manufacturing in 2027.
The brand new plant will use all-electric melting expertise to energy the furnace, powered by renewable electricit and initially produce 50,000 tonnes of stone wool insulation merchandise below the Saint-Gobain Isover model.
The power will likely be situated on the positioning of the previous Saint-Gobain PAM Holwell Foundry Works in Melton Mowbray. This continues an extended of historical past of producing on the web site which started in 1878.
Dean O’Sullivan, Managing Director of Saint-Gobain’s Inside Options companies stated: “This can be a main funding in new low-carbon stone wool insulation within the UK.
“Gentle and sustainable building options are rising in demand – pushed by the necessity to scale back the influence of buildings on the surroundings and our personal targets to fulfill our enterprise’ goal to develop into a net-zero carbon enterprise.
“By way of this funding which we plan to start manufacturing in 2027, we will present clients with high-performance, very low-embodied carbon stone wool insulation along with our current glass wool insulation.
“The funding is a powerful signal of dedication to delivering low-carbon gentle and sustainable options and assembly our personal bold sustainability targets.”
