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Rockwool International

January 01, 1970

Rockwool A/S (or AS),[6] also known as the ROCKWOOL Group,[3] is a Danish multinational manufacturer of mineral wool products headquartered in Hedehusene, Greater Copenhagen, Denmark. The company's R&D unit, employing 100 people as of 2016, is co-located with the headquarters in Copenhagen.[7]

Rockwool A/S
Company typePublic company
ISIN
IndustryBuilding materials
Founded1909; 115 years ago (1909)[3]
FounderHenrik Johan Henriksen and Valdemar Kähler
Headquarters
Hedehusene
,
Denmark
Key people
Jens Birgersson (CEO), Thomas Kähler (chairman)
ProductsMineral wool products
Revenue
  • EUR 2,671 million (2018)[4]
  • EUR 2,374 million (2017)
Number of employees
11,600 (31/12 2018)
Subsidiaries
  • Rockfon[5]
  • Grodan
  • Rockpanel
  • Lapinus
  • Rockwool A/S[5]
Websitehttps://www.rockwoolgroup.com

Rockwool was the world's largest maker of insulation materials in 2009,[6] but had fallen to the second largest by 2016.[7] As of 2009, 90% of the company's revenue came from the sale of insulation products, while 80% came from sales in Europe.[6]

History edit

Rockwool was founded as Korsør Stenforretning by constructor Henrik Johan Henriksen and brickyard-owner Valdemar Kähler in 1909 as a gravel mining company.[7] In 1922, the company won the contract on improving the dykes at Saltbæk Vig and later purchased the area.[8]

In 1927, it purchased a chipping plant at Hedehusene. In 1937,[note 1] a production of mineral wool (stone wool) was established at the site based on an American license acquired by Finn Henriksen during a visit to the States.[9] By 1939, the focus of the company had fully turned toward the manufacture of insulation.[7]

In 1972, the company was divided into H+H and I/S Kähler & Co. Kähler & Co. was led by Valdemar Kähler's grand son Claus Kähler. He was succeeded on the post by his son Tom Kähler in 1986. In 2004, Tom became chairman of the board while Eelco van Heel took over the position as chief executive officer.

The company began trading as "Rockwool International A/S" on the Copenhagen Stock Exchange in 1995.[3] Before it became a public company, it was a family-owned business,[6] held by the Kähler family.

The company's first plant in the United States opened in 2014 in Marshall County, Mississippi.[10] In 2017, the company announced a North American expansion through establishment of a plant in Ranson, West Virginia through its subsidiary Roxul.[11][12]

In 2023 Rockwool was named an "International Sponsors of War" by Ukraine for selling products to the Russian Ministry of Defence for use on warships.[13]

Brands edit

Rockfon edit

Rockfon is a brand of acoustic ceiling and wall solutions based on rockwool.

Flumroc edit

In 1969, Rockwool acquired a minority stake related to technology licensing in the privately held Swiss company Flumroc AG.[14] In November 2017 Rockwool completed acquisition of all outstanding shares of Flumroc; company sales have been largely limited to Switzerland.[14] Due to the broad recognition of the brand in Switzerland, Rockwool kept using the Flumroc brand.[14]

Roxul edit

With the acquisition of a stone wool factory in Ontario, Canada, Roxul Inc. was established as the Canadian subsidiary. When business started in the United States, Roxul USA Inc. was established as the US subsidiary. On 1 January 2018, the North American insulation business rebranded to ROCKWOOL North America.

Management edit

From 1987 to 2004, Rockwool Group's president and CEO was Tom Kähler. From 2004 to 2014, Eelco van Heel held those positions.[15] As of 2015, Rockwool Group's president and CEO was Jens Birgersson.

Locations edit

Rockwool International is represented in 38 countries (2016), operating 28 factories in the following countries:[note 2]

Intellectual property edit

In 2008, there were a number of actions by the World Intellectual Property Organisation in regard to internet domain names which have resulted in domain transfer to Rockwool, among these being "china-ocean-rockwool.com",[17] "rockwoolfactory.com",[18] and "rockwoolvietnam.com".[19] In 2015, Rockwool International filed suit against Rock Wool Manufacturing Company hoping to quash potential consumer confusion in the face of the defendant having filed a trademark application for "Rock Wool"; the suit was dismissed by the court after Rock Wool's abandonment of their trademark application.[20]

Rockwool Foundation edit

In 1981, six members of the Kähler family established the Rockwool Foundation with an endowment of 25% of each of their own stock holdings in Rockwool International.[21] The Foundation has been referred to as a think tank by some authors.[22] The Rockwool Foundation Research Unit was established as a fully independent unit with a focus on social science research in 1987 by the Foundation, led since 2003 by Torbin Tranæs.[23] The Research Unit has been described as self-financed and non-partisan.[24] The Research Unit has published on topics such as the extent of the financial black market in Denmark.[25] In other published cases, it has been unclear whether the Research Unit or the Foundation have been the actor, as in the case of examining the British health care system with an eye toward the financial cost of emulating the Kaiser Permanente system,[22] and an analysis of the impact on the Danish economy of wages lost through prisoner incarceration.[26]

Notes edit

  1. ^ Citation Hanna 2010 states that production started in 1935.
  2. ^ Citation Hanna 2010 notes 23 factories in 35 countries as of 2010.
  3. ^ Roxul facility opened 2014; Rockfon facility opened in 2017. Lantrip, Patrick (23 October 2017). "U of M Files $33.5M Permit for Land Bridge". Memphis Daily News. 4594 Cayce Road. Retrieved 17 November 2017.

References edit

  1. ^ "OMX Copenhagen 25 (OMXC25CAP)".
  2. ^ (PDF). Nasdaq OMX. Archived from the original (PDF) on 13 March 2022.
  3. ^ a b c d Hanna, Nick (2010). The Green Investing Handbook. Harriman House Series. Great Britain: Harriman House Limited. Rockwool Group. ISBN 9781906659677. OCLC 813665077 – via Google Books (Preview).
  4. ^ "Annual Report 2018 highlights". ROCKWOOL Group. Retrieved 29 April 2019.
  5. ^ a b McMullen, John (2011). Redundancy: The Law and Practice (3rd ed.). Oxford University Press. p. 217. ISBN 9780199544172. OCLC 759843091 – via Google Books (Preview).
  6. ^ a b c d e Hobbs, Eddie (2010). Energise:How to survive and prosper in the age of scarcity. Dublin: Penguin Ireland. Companies specialising in energy efficiency. ISBN 9781844882311. OCLC 767650847 – via Google Books (Preview).
  7. ^ a b c d Goffin, Keith; Mitchell, Rick (2016). Innovation Management. Basingstoke: Palgrave Macmillan. pp. 310–311. ISBN 9781137373441. OCLC 989820687 – via Google Books (Preview).
  8. ^ "Rockwool-arving gør sig klar til tronen" (in Danish). Berlingske. 3 September 2012. Retrieved 14 September 2017.
  9. ^ "Rockwool-historien" (in Danish). Berlingske. 15 October 2006. Retrieved 14 September 2017.
  10. ^ Turner, Dennis (24 September 2014). "Roxul plant opens in Marshall County". WREG. Retrieved 19 November 2017.
  11. ^ Williamson, Aliah (16 November 2017). "UPDATE: Roxul reveals $150 million investment plan". WDVM (LocalDVM ed.). Nexstar Broadcasting. Retrieved 16 November 2017.
  12. ^ Cook, Tim (7 July 2017). "$150 million plant coming to Ranson". The Journal. West Virginia, United States: Ogden Newspapers. Retrieved 17 November 2017.
  13. ^ "Ukraine designates Rockwool as international war sponsor". 13 November 2023.
  14. ^ a b c "Flumroc wird dänisch – 230 Stellen bleiben erhalten" [Flumroc will get Danish - 230 places remain]. Die Südostschweiz (in German). Südostschweiz Mediengruppe. 17 November 2017. Retrieved 17 November 2017.
  15. ^ "Rockwool opens US$150m insulation plant in Tatarstan". Global Insulation. Pro Global Media. 5 April 2012. Retrieved 16 November 2017.
  16. ^ "Раскатали вату" [Roll the cotton wool]. эксперт online (in Russian). 2010. Retrieved 16 November 2017.
  17. ^ Leong, Susanna H. S. (7 March 2008). Administrative Panel Decision: Rockwool International A/S v. kaka toys (Report). WIPO Arbitration and Mediation Center. Case No. D2008-0015. Retrieved 17 November 2017.
  18. ^ Carabelli, Anna (22 January 2008). Administrative Panel Decision: Rockwool International A/S v. Siroc (Report). WIPO Arbitration and Mediation Center. Case No. D2007-1757. Retrieved 17 November 2017.
  19. ^ Samuels, Jeffrey M. (29 July 2008). Administrative Panel Discussion: Rockwool International A/S v. Taher Investment, Fathi Taher (Report). WIPO Arbitration and Mediation Center. Case No. D2008-0782. Retrieved 17 November 2017.
  20. ^ Rockwool International A/S v. Rock Wool Manufacturing Company, Civil Action No. 3:14CV185-B-V (N.D. Miss. 17 September 2015).
  21. ^ "The Rockwool Foundation". Rockwool Fonden. Retrieved 18 November 2017.
  22. ^ a b Meek, James (2014). Private Island: Why Britain Now Belongs to Someone Else. London: Verso Books. pp. PT164. ISBN 9781781682913. OCLC 927982647 – via Internet Archive (Preview).
  23. ^ Daley D, Jacobsen RH, Lange AM, Sørensen A, Walldorf J (2015). Costing Adult Attention Deficit Hyperactivity Disorder. Oxford University Press. pp. PT2. ISBN 9780191062735 – via Google Books (Limited Preview).
  24. ^ Campbell, John L.; Pedersen, Ove K. (2014). The National Origins of Policy Ideas: Knowledge Regimes in the United States, France, Germany, and Denmark. Princeton, New Jersey: Princeton University Press. p. 187. ISBN 9781400850365. OCLC 903292091 – via Google Books (Preview).
  25. ^ Booth, Michael (2015). The Almost Nearly Perfect People: Behind the Myth of the Scandinavian Utopia. New York: Picador. p. 60. ISBN 9781250061973. OCLC 905685687 – via Google Books (Preview).
  26. ^ Smith, Peter Scharff; Ugelvik, Thomas (2017). Scandinavian Penal History, Culture and Prison Practice. Palgrave Studies in Prisons and Penology. London: Springer. p. 292. ISBN 9781137585295. OCLC 1002816805 – via Google Books (Preview).

Further reading edit

  • Chief competitors appear in section "Subdivisions of Global Insulating Fiber Market" of the web page: . The Real Fact 24. Archived from the original on 18 November 2017. Retrieved 17 November 2017.

External links edit

 
Wikimedia Commons has media related to Rockwool International.
  • Official website

January 01, 1970
rockwool, international, rockwool, also, known, rockwool, group, danish, multinational, manufacturer, mineral, wool, products, headquartered, hedehusene, greater, copenhagen, denmark, company, unit, employing, people, 2016, located, with, headquarters, copenha. Rockwool A S or AS 6 also known as the ROCKWOOL Group 3 is a Danish multinational manufacturer of mineral wool products headquartered in Hedehusene Greater Copenhagen Denmark The company s R amp D unit employing 100 people as of 2016 is co located with the headquarters in Copenhagen 7 Rockwool A SCompany typePublic companyTraded asNasdaq Copenhagen ROCK A Class A Nasdaq Copenhagen ROCK B Class B OTC Pink Limited RKWAF Class A OTC Pink Limited RKWBF Class B OMXC25CAP component ROCK B 1 2 ISINDK0010219070DK0010219153IndustryBuilding materialsFounded1909 115 years ago 1909 3 FounderHenrik Johan Henriksen and Valdemar KahlerHeadquartersHedehusene DenmarkKey peopleJens Birgersson CEO Thomas Kahler chairman ProductsMineral wool productsRevenueEUR 2 671 million 2018 4 EUR 2 374 million 2017 Number of employees11 600 31 12 2018 SubsidiariesRockfon 5 GrodanRockpanelLapinusRockwool A S 5 Websitehttps www rockwoolgroup com Rockwool was the world s largest maker of insulation materials in 2009 6 but had fallen to the second largest by 2016 7 As of 2009 update 90 of the company s revenue came from the sale of insulation products while 80 came from sales in Europe 6 Contents 1 History 2 Brands 2 1 Rockfon 2 1 1 Flumroc 2 2 Roxul 3 Management 4 Locations 5 Intellectual property 6 Rockwool Foundation 7 Notes 8 References 9 Further reading 10 External linksHistory editRockwool was founded as Korsor Stenforretning by constructor Henrik Johan Henriksen and brickyard owner Valdemar Kahler in 1909 as a gravel mining company 7 In 1922 the company won the contract on improving the dykes at Saltbaek Vig and later purchased the area 8 In 1927 it purchased a chipping plant at Hedehusene In 1937 note 1 a production of mineral wool stone wool was established at the site based on an American license acquired by Finn Henriksen during a visit to the States 9 By 1939 the focus of the company had fully turned toward the manufacture of insulation 7 In 1972 the company was divided into H H and I S Kahler amp Co Kahler amp Co was led by Valdemar Kahler s grand son Claus Kahler He was succeeded on the post by his son Tom Kahler in 1986 In 2004 Tom became chairman of the board while Eelco van Heel took over the position as chief executive officer The company began trading as Rockwool International A S on the Copenhagen Stock Exchange in 1995 3 Before it became a public company it was a family owned business 6 held by the Kahler family The company s first plant in the United States opened in 2014 in Marshall County Mississippi 10 In 2017 the company announced a North American expansion through establishment of a plant in Ranson West Virginia through its subsidiary Roxul 11 12 In 2023 Rockwool was named an International Sponsors of War by Ukraine for selling products to the Russian Ministry of Defence for use on warships 13 Brands editRockfon edit Rockfon is a brand of acoustic ceiling and wall solutions based on rockwool Flumroc edit In 1969 Rockwool acquired a minority stake related to technology licensing in the privately held Swiss company Flumroc AG 14 In November 2017 Rockwool completed acquisition of all outstanding shares of Flumroc company sales have been largely limited to Switzerland 14 Due to the broad recognition of the brand in Switzerland Rockwool kept using the Flumroc brand 14 Roxul edit With the acquisition of a stone wool factory in Ontario Canada Roxul Inc was established as the Canadian subsidiary When business started in the United States Roxul USA Inc was established as the US subsidiary On 1 January 2018 the North American insulation business rebranded to ROCKWOOL North America Management editFrom 1987 to 2004 Rockwool Group s president and CEO was Tom Kahler From 2004 to 2014 Eelco van Heel held those positions 15 As of 2015 Rockwool Group s president and CEO was Jens Birgersson Locations editRockwool International is represented in 38 countries 2016 operating 28 factories in the following countries note 2 Canada Milton Ontario 3 since 1988 and Grand Forks British Columbia since 1999 Czech Republic Bohumin since 1998 China Guangzhou since 2010 Croatia Istria since 2007 Denmark Doense near Hobro near since 1977 and Vamdrup since 1966 France Saint Eloy les Mines since 1980 India Dahej since 2011 Germany Gladbeck since 1954 Neuburg an der Donau since 1974 and Flechtingen since 1991 Hungary Tapolca since 2003 Malaysia Melaka since 2000 6 and Bukit Raja near Klang since 2010 Netherlands Roermond since 1971 Norway Trondheim since 1950 and Moss since 1965 Poland Cigacice since 1993 and Malkinia since 1995 Romania Aricestii Rahtivani since 2019 Russia Zheleznodorozhny since 1999 Vyborg since 2006 Troitsk since 2010 and Elabuga since 2012 16 Spain Caparroso since 2000 Sweden Eskilstuna under construction Switzerland Flums fully owned since 2017 United Kingdom Wern Tarw in Wales since 1979 Thailand Rayong since 2010 United States Byhalia note 3 Intellectual property editIn 2008 there were a number of actions by the World Intellectual Property Organisation in regard to internet domain names which have resulted in domain transfer to Rockwool among these being china ocean rockwool com 17 rockwoolfactory com 18 and rockwoolvietnam com 19 In 2015 Rockwool International filed suit against Rock Wool Manufacturing Company hoping to quash potential consumer confusion in the face of the defendant having filed a trademark application for Rock Wool the suit was dismissed by the court after Rock Wool s abandonment of their trademark application 20 Rockwool Foundation editIn 1981 six members of the Kahler family established the Rockwool Foundation with an endowment of 25 of each of their own stock holdings in Rockwool International 21 The Foundation has been referred to as a think tank by some authors 22 The Rockwool Foundation Research Unit was established as a fully independent unit with a focus on social science research in 1987 by the Foundation led since 2003 by Torbin Tranaes 23 The Research Unit has been described as self financed and non partisan 24 The Research Unit has published on topics such as the extent of the financial black market in Denmark 25 In other published cases it has been unclear whether the Research Unit or the Foundation have been the actor as in the case of examining the British health care system with an eye toward the financial cost of emulating the Kaiser Permanente system 22 and an analysis of the impact on the Danish economy of wages lost through prisoner incarceration 26 Notes edit Citation Hanna 2010 states that production started in 1935 Citation Hanna 2010 notes 23 factories in 35 countries as of 2010 Roxul facility opened 2014 Rockfon facility opened in 2017 Lantrip Patrick 23 October 2017 U of M Files 33 5M Permit for Land Bridge Memphis Daily News 4594 Cayce Road Retrieved 17 November 2017 References edit OMX Copenhagen 25 OMXC25CAP OMX Copenhagen 25 OMXC25CAP PDF Nasdaq OMX Archived from the original PDF on 13 March 2022 a b c d Hanna Nick 2010 The Green Investing Handbook Harriman House Series Great Britain Harriman House Limited Rockwool Group ISBN 9781906659677 OCLC 813665077 via Google Books Preview Annual Report 2018 highlights ROCKWOOL Group Retrieved 29 April 2019 a b McMullen John 2011 Redundancy The Law and Practice 3rd ed Oxford University Press p 217 ISBN 9780199544172 OCLC 759843091 via Google Books Preview a b c d e Hobbs Eddie 2010 Energise How to survive and prosper in the age of scarcity Dublin Penguin Ireland Companies specialising in energy efficiency ISBN 9781844882311 OCLC 767650847 via Google Books Preview a b c d Goffin Keith Mitchell Rick 2016 Innovation Management Basingstoke Palgrave Macmillan pp 310 311 ISBN 9781137373441 OCLC 989820687 via Google Books Preview Rockwool arving gor sig klar til tronen in Danish Berlingske 3 September 2012 Retrieved 14 September 2017 Rockwool historien in Danish Berlingske 15 October 2006 Retrieved 14 September 2017 Turner Dennis 24 September 2014 Roxul plant opens in Marshall County WREG Retrieved 19 November 2017 Williamson Aliah 16 November 2017 UPDATE Roxul reveals 150 million investment plan WDVM LocalDVM ed Nexstar Broadcasting Retrieved 16 November 2017 Cook Tim 7 July 2017 150 million plant coming to Ranson The Journal West Virginia United States Ogden Newspapers Retrieved 17 November 2017 Ukraine designates Rockwool as international war sponsor 13 November 2023 a b c Flumroc wird danisch 230 Stellen bleiben erhalten Flumroc will get Danish 230 places remain Die Sudostschweiz in German Sudostschweiz Mediengruppe 17 November 2017 Retrieved 17 November 2017 Rockwool opens US 150m insulation plant in Tatarstan Global Insulation Pro Global Media 5 April 2012 Retrieved 16 November 2017 Raskatali vatu Roll the cotton wool ekspert online in Russian 2010 Retrieved 16 November 2017 Leong Susanna H S 7 March 2008 Administrative Panel Decision Rockwool International A S v kaka toys Report WIPO Arbitration and Mediation Center Case No D2008 0015 Retrieved 17 November 2017 Carabelli Anna 22 January 2008 Administrative Panel Decision Rockwool International A S v Siroc Report WIPO Arbitration and Mediation Center Case No D2007 1757 Retrieved 17 November 2017 Samuels Jeffrey M 29 July 2008 Administrative Panel Discussion Rockwool International A S v Taher Investment Fathi Taher Report WIPO Arbitration and Mediation Center Case No D2008 0782 Retrieved 17 November 2017 Rockwool International A S v Rock Wool Manufacturing Company Civil Action No 3 14CV185 B V N D Miss 17 September 2015 The Rockwool Foundation Rockwool Fonden Retrieved 18 November 2017 a b Meek James 2014 Private Island Why Britain Now Belongs to Someone Else London Verso Books pp PT164 ISBN 9781781682913 OCLC 927982647 via Internet Archive Preview Daley D Jacobsen RH Lange AM Sorensen A Walldorf J 2015 Costing Adult Attention Deficit Hyperactivity Disorder Oxford University Press pp PT2 ISBN 9780191062735 via Google Books Limited Preview Campbell John L Pedersen Ove K 2014 The National Origins of Policy Ideas Knowledge Regimes in the United States France Germany and Denmark Princeton New Jersey Princeton University Press p 187 ISBN 9781400850365 OCLC 903292091 via Google Books Preview Booth Michael 2015 The Almost Nearly Perfect People Behind the Myth of the Scandinavian Utopia New York Picador p 60 ISBN 9781250061973 OCLC 905685687 via Google Books Preview Smith Peter Scharff Ugelvik Thomas 2017 Scandinavian Penal History Culture and Prison Practice Palgrave Studies in Prisons and Penology London Springer p 292 ISBN 9781137585295 OCLC 1002816805 via Google Books Preview Further reading editChief competitors appear in section Subdivisions of Global Insulating Fiber Market of the web page Global Insulating Fiber Market Top Players 2017 BASF Morgan Thermal Ceramics Evonik Industries AG and Industrial Insulation Group LLC The Real Fact 24 Archived from the original on 18 November 2017 Retrieved 17 November 2017 External links edit nbsp Wikimedia Commons has media related to Rockwool International Official website Retrieved from https en wikipedia org w index php title Rockwool International amp oldid 1210822862 Rockwool Foundation, wikipedia, wiki, book, books, library,

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