Major SIP Manufacturer Foard Panel Adds Power of Owens Corning Brand
November 18 2008 - 2:00PM
PR Newswire (US)
BOSTON, Nov. 18 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:OC),
a global leader in building materials and composite solutions,
today announced that Foard Panel will use Owens Corning Foamular(R)
extruded polystyrene (XPS) foam for its XPS-core structural
insulated panels (SIPs). One of the largest SIP manufacturers in
the U.S., Foard Panel is the only national producer of SIPs with
XPS cores, an alternative to urethane. Compared to urethane,
Foard's SIPs panels with XPS foam offer: -- a comparably high
R-value per inch (R-5 vs. R-6 per inch) -- double the system
strength with twice the lengthways (transverse) load strength(1) --
no disruptive odor -- thirty times greater resistance to moisture
absorption and reduced potential for mold growth -- a twenty year
thermal performance warranty In addition, SIPS panels made with
Foamular XPS foam are made with up to 15 percent certified
pre-consumer recycled polystyrene. "Foard Panel's expertise in SIPs
and Owens Corning's brand leadership are a powerful combination,"
said Steve Horton, president of Foard Panel. "With XPS foam from
Owens Corning, our customers can leverage the strength of one of
the most preferred brands in building materials to help build their
businesses. Our customers are excited about the enhanced
performance of XPS-core SIPs and their ability to offer a
structurally sound enclosure with impressive R-values." "This
relationship is an acknowledgement of the value our customers place
in the power of the Owens Corning brand," said Joe Ochoa, general
manager, Foam Insulation, Owens Corning. "We're excited to be
playing an important role in the SIPs market with Foard Panel for
customers choosing to build with this energy efficient, alternative
wall system." 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 18,000
employees in 26 countries on five continents. Additional
information is available at http://www.owenscorning.com/. About
Foard Panel Foard Panel Inc. of West Chesterfield, NH, has been
manufacturing and installing structural insulated panels (SIPs) for
over 15 years. Foard's XPS core is the first of its kind in
America. Foard Panel works directly with Owens Corning to provide
this top quality building product for ENERGY STAR(R) and LEED(R)
certified residential and commercial projects. They are recommended
by certified energy auditors and exceed state regulated energy
codes. http://www.foardpanel.com/. (1)Test per ASTM E72-98 on 4
1/2" structural panels, 4'wide, 8'span comparing ultimate load at
failure. DATASOURCE: Owens Corning CONTACT: Ried Artis of Owens
Corning, +1-419-248-5577, ; or Lisa Foard of Foard Panel,
1-800-644-8885, Web site: http://www.owenscorning.com/
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