GAF | August 03, 2022
Phase Change Solutions (PCS), a leading smart materials company, today announced a strategic partnership with GAF, a Standard Industries company and North America's largest roofing and waterproofing manufacturer, for developing and commercializing advanced materials for thermal management. The partnership includes integration of PCS' core technology platform, BioPCM®, with relevant GAF products in the building and construction markets.
PCS' unique BioPCM® solution products, which are designed to absorb and release thermal energy at precise temperatures, enable customers to reduce their carbon footprint and reduce stress on HVAC systems in buildings, data centers and telecom shelters, as well as enable temperature control of pharmaceuticals and food products during transportation.
GAF's 2030 planet goals include extensive plans to reduce operational carbon in buildings and communities through its products, services and expertise. Advanced technologies like phase change materials are key to achieving these goals while offering sustainable and durable solutions to its customers.
Both companies have initiated work plans to collaborate and integrate their respective technologies to drive energy efficiency across the built environment. In addition, GAF was the lead investor in PCS' most recent series C funding round, which included Emerald Technology Ventures, Circulate Capital, Third Prime, GC Ventures America and others.
"Partnering with innovative and agile companies like Phase Change Solutions is part of our strategic growth and innovation plan, Integrating technologies like Phase Change Solutions will give us the ability to provide our customers with energy-efficient decarbonization solutions while continuing to deliver the trusted performance they have come to expect from GAF."
-Jim Schnepper, CEO of GAF.
Commenting on the collaboration, Govi Rao, CEO of Phase Change Solutions said, We are very excited to be part of the GAF ecosystem, which covers a broad range of building applications as well as the renewable energy space. He added, Combining our BioPCM® platform with GAF's robust technology matrix, brand recognition and market access is an ideal recipe to create and deliver scalable, sustainable and circular economy solutions to the customers.
Phase Change Solutions (PCS) is a global leader in the development and supply of phase change materials ("PCMs"). The company's proprietary PCMs, collectively referred to as BioPCM® have been certified to include 100% bio-based content and listed among the USDA's BioPreferred® products. BioPCM® can be designed to store and release thermal energy at temperatures ranging from -75°C to 175°C. This tuning capability of BioPCM® enables customers worldwide to lower operating costs, protect perishable food & pharma and reach their sustainable development goals (SDGs).
GAF, a Standard Industries company, is the leading roofing and waterproofing manufacturer in North America. For more than 135 years, GAF has been trusted to protect what matters most for families, communities and business owners with its innovative solutions and focus on customer service. GAF's leadership extends to its commitment to making a positive impact on its communities, industry, and planet.
Saulsbury Industries | August 05, 2022
Saulsbury Industries, a full-service engineering, procurement, and construction (EPC) company, recently opened an engineering and operations hub in Houston, Texas.
This location will support multiple Saulsbury business lines, including oil and gas, tanks/terminals, hydrocarbon processing, refining, renewables, and chemicals. Saulsbury, with over 55 years of experience, is a trusted provider of full EPC and construction-only solutions, as well as service offerings for stand-alone E&I and field services work.
"We are very excited to be opening our Houston office, This decision reflects our commitment to both the city and the broader Gulf Coast region. Our Houston office will enhance our ability to reach new clients as well as employees as Saulsbury continues to expand our engineering and operations across a broad spectrum of industries."
-Chat York, Saulsbury's President and Chief Executive Officer.
Saulsbury will also offer supporting services for front-end engineering, AFE estimating and scoping support, as well as general maintenance and facility upgrade services. The company will use this location to expand its repeat-business model with clients through hands-on leadership, successful project results, and an industry-leading safety program.
"This is the next step in our build-out plan for the Gulf Coast region, Our client base has significantly expanded in the area, and we are looking forward to continued growth as we expand the Saulsbury footprint. Houston has long been a tremendous recruiting ground, with a deep base of skilled engineers, technical experts, and experienced construction talent. Saulsbury is looking forward to establishing an even stronger presence in the Houston area, working with our clients to execute projects safely and at the highest level."
-Jimmy Matthews, Saulsbury's Chief Operating Officer.
About Saulsbury Industries:
Saulsbury Industries is a full-service engineering, procurement, fabrication, and construction company that specializes in building the infrastructure necessary to fuel the future. Saulsbury serves its clients in heavy industrial and renewables markets by designing and building safe, well executed, capital-efficient projects nationwide. Headquartered in Odessa, Texas, the company's national office footprint includes Houston, Port Arthur, Henderson, Abilene, Pecos, and Corpus Christi, TX; Carlsbad, NM; Tulsa, OK; and Bismarck, ND.
Owens Corning | August 02, 2022
Owens Corning (NYSE: OC) announced it has completed the acquisition of Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois.
“We are excited to welcome the Natural Polymers team and start working together on innovative product development, Natural Polymers’ proven technology advances our strategy to provide long-term, sustainable solutions and offer our customers a diversified insulation product portfolio.”
-Todd Fister, President Insulation.
Owens Corning expects to significantly grow this business in the coming years. Natural Polymers’ track record of above-market growth is anticipated to contribute to Owens Corning’s strategy to strengthen core building and construction products and expand the company’s addressable markets into higher-growth segments.
Natural Polymers is dedicated to the development of high-quality spray polyurethane foam products and systems, offering some of the lowest-volatile organic compound products available in the spray foam industry today.
About Owens Corning:
Owens Corning is a global building and construction materials leader committed to building a sustainable future through material innovation. Our three integrated businesses – Composites, Insulation, and Roofing – provide durable, sustainable, energy-efficient solutions that leverage our unique material science, manufacturing, and market knowledge to help our customers win and grow. We are global in scope, human in scale with approximately 20,000 employees in 33 countries dedicated to generating value for our customers and shareholders, and making a difference in the communities where we work and live. Founded in 1938 and based in Toledo, Ohio, USA, Owens Corning posted 2021 sales of $8.5 billion.