OC Owens Corning Inc

TOLEDO, Ohio, June 4 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:OC) today announced that it received a grant from Mexico's National Counsel of Science and Technology to continue to innovate new ways to insulate concrete housing structures. Owens Corning received one of 15 grants that were awarded as part of a program to help Mexico remain competitive through innovation. "This grant recognizes Owens Corning as a technology leader," said Salvador Valtierra, director of innovation for Latin America. "We are working to apply the company's insulation expertise to the development of insulating solutions to typical Mexican concrete housing construction. New and existing housing in Mexico is rarely insulated, providing a significant market opportunity for Owens Corning." The focus of this grant is to increase the energy efficiency and comfort of low-income concrete homes in Monterrey, Mexico, which has an extreme climate. Small and inexpensive houses are commonly made by pouring concrete into molds, a quick construction method with little thermal efficiency. About Owens Corning Owens Corning (NYSE:OC) is a leading global producer of residential and commercial building materials, glass fiber reinforcements and engineered materials for composite systems. A Fortune 500 company for 54 consecutive years, Owens Corning is committed to driving sustainability through delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning is a market-leading innovator of glass fiber technology with sales of $5 billion in 2007 and 19,000 employees in 26 countries on five continents. Additional information is available at http://www.owenscorning.com/ . DATASOURCE: Owens Corning CONTACT: Media, Jason Saragian, +1-419-248-8987, Investors, Scott Deitz, +1-419-248-8935 Web site: http://www.owenscorning.com/

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