Kingspan, a global titan in high-performance building envelope solutions, celebrated a significant milestone on June 19, 2024, with the acquisition of Thailand-based insulated panels manufacturer, Fatek Advance Insulation Company. Nestled in the bustling Rojana Industrial Park Ayutthaya, this facility has been rebranded as Kingspan Insulated Panels (Thailand) Co., Ltd. The grand launch ceremony was graced by a host of distinguished Kingspan representatives, including Mr. Manuel Furer, Regional Managing Director (Asia Pacific), Mr. Minh Ha, Area Manager (Indochina), Mr. Liam Wignall, Regional Finance Director (Asia Pacific), and Ms. Thararat Wutticha, the General Manager (Thailand).
Mr. Manuel Furer, Regional Managing Director (Asia Pacific), expressed his enthusiasm, saying, “Kingspan Ayutthaya stands as the Kingspan Group’s second factory in Southeast Asia. Following the commencement of production at our greenfield factory in Vietnam, Kingspan Phu My, last month, our foray into Thailand marks an exhilarating new chapter in our journey towards a net-zero emissions future and delivering premier insulated panel solutions for energy-efficient buildings across the region. Our suite of high-performance, low-embodied carbon panel solutions grants building owners the ability to significantly curtail energy consumption and both operational and embodied carbon emissions.”
He elaborated, “Kingspan Ayutthaya will capitalize on Kingspan’s industry-leading insulated panels technology, including our pioneering QuadCore® technology. Insulated panels bring a cornucopia of benefits such as expedited installation due to the lightweight, single-component structure, and their superior thermal and airtightness properties, which greatly contribute to lowering a building’s operational carbon footprint. They serve as an outstanding alternative to conventional construction methods. We’re witnessing a burgeoning demand for insulated building envelopes in this region as extreme temperatures surge and indoor thermal comfort for occupants becomes an ever more pressing concern.”
During the event, the Kingspan team delved into the specifics of their product offerings, potential applications, and shared an intriguing glimpse into their future investments in the Kingspan Ayutthaya factory. This forward-looking strategy includes introducing innovative types of insulated roof and wall panels tailored to Thai and Asian market needs. Notable advancements include the QuadCoreTM core technology, PowerPanelTM with integrated PV Solar modules, lower-embodied carbon panels (LEC), and new wall and roof panel profiles. These cutting-edge developments will bolster the construction projects undertaken by a diverse array of stakeholders, including project owners, government agencies, state enterprises, and private sector companies in Thailand and the broader ASEAN region.
Kingspan’s vision extends beyond mere commercial success. They aspire to make a substantive impact on Thailand and the wider Asian building sector by offering advanced and sustainable solutions that drive the region closer to its net-zero emissions goals. With a commitment to excellence and innovation, Kingspan Ayutthaya is poised to play a pivotal role in shaping a greener, more sustainable future for the building industry.
To learn more about Kingspan’s latest initiatives and offerings in Thailand, reach out via email at [email protected].
This acquisition sounds like a massive step forward for sustainable construction. Do you think it will encourage more companies to adopt green building practices?
Absolutely! When industry leaders take such steps, it sets a benchmark. But small firms might struggle to keep up due to high initial costs.
Cost is a barrier, but tech advancements like Kingspan’s could eventually reduce prices, making it more accessible.
That’s true. Plus, government incentives could help small companies adopt these technologies.
QuadCore® technology sounds awesome, but I bet it’s super expensive. Is it really practical for most projects?
It might be pricey now, but innovations tend to become more affordable over time. Think of it as an investment in the future.
I hope so, for the sake of the environment. Time will tell!
While the acquisition is promising, the real challenge will be in ensuring local adoption and actual implementation of these sustainable practices. Thoughts?
I agree. Change is slow, especially in regions with less stringent environmental regulations. But public awareness is growing.
True, but stronger government policies would accelerate adoption. Public awareness alone might not be enough.
It’s great to see companies focusing on net-zero emissions, but is this just greenwashing? Are they truly committed?
I share your skepticism. Big companies often make grand claims but lack follow-through. Let’s hope Kingspan is different.
We need transparency and regular updates on their progress to believe their commitment.
I don’t get why all buildings need to be so advanced. Can’t we just plant more trees?
Is Kingspan planning to expand into other countries in Asia? Their technology could benefit many developing regions.
Happy to see progress in Thailand! We need more sustainable solutions here. Hopefully, more local companies will be inspired and follow suit.
How about labor impact? I wonder if new tech like this will mean fewer jobs for traditional builders.
Good point. But new technology could also mean new types of jobs requiring different skill sets.
True, let’s hope there are enough training programs to help workers transition.
What about maintenance costs of these advanced panels? Anyone knows?
They’re higher, but they pay off in the long run through energy savings and fewer repairs.
The construction speed with insulated panels is a game-changer! I can’t wait to see these projects come to life.
No kidding! Speed is crucial, especially in urban areas where time is literally money.
I hope this doesn’t just benefit the elite. Building materials should be accessible to all.
Will this acquisition mean higher prices for local construction materials?
I’m all for sustainability, but could these new materials affect the preservation of historical structures?
Will Kingspan Ayutthaya create green jobs for locals? It’s crucial that they support the community too.
Sustainable materials might be expensive now, but they’re the future of construction. Investors should see the bigger picture.
Will this new factory face any environmental challenges itself? Building sustainably is one thing, but maintaining it is another.
QuadCore® sounds fascinating! Any engineers here know more about its properties?
It’s supposed to provide superior thermal insulation and fire resistance. Pretty impressive tech.
Thanks! Sounds like it could revolutionize the industry.