The construction of a building technology campus of Kingspan, an Irish manufacturer of energy-efficient insulation technology, is scheduled to start in 2024, and the company has already started looking for a site in the Lviv region because of its proximity to the border, according to a UkraineInvest press release on Thursday.
According to it, the campus will include six production areas, including the production of insulation materials and district heating solutions. The campus will produce construction products with high added value. The project includes a green, low-carbon manufacturing facility.
Kingspan is reportedly investing more than EUR200 million in the construction. Construction will take about five years. The implementation of the project will create 600-800 new jobs.
Kingspan was founded in 1965 in Ireland, specialized in production of building solutions for building envelopes (roofs, walls, facades), as well as protective walls, cold doors, high-tech solid urethane and solid phenolic thermal insulation for roofs, walls, floors and pipelines. It operates 200 production facilities around the world. The company came to Ukraine in 2005.
In April 2022, Kingspan announced the completion of its exit from the Russian business. Russia accounted for less than 1% of the company’s global operations. It also donated $750,000 to UNICEF to set up five Blue Dot centers to help refugees on the Ukrainian border.
UkraineInvest, the Investment Attraction and Support Office of the Cabinet of Ministers of Ukraine, provides organizational and advisory support for investors to prepare projects for implementation.
