Kingspan Group has been granted the first building permit to begin work on its state-of-the-art Building Technology Manufacturing Campus near the city of Lviv in Ukraine
In 2022, Kingspan announced it was investing in building a new facility in Ukraine, marking the first major investment by a Western business since the full scale invasion began
The new campus is expected to create over 700 jobs, and will manufacture advanced insulation, energy efficient building material products and district heating solutions, which will be used as part of Ukraine’s reconstruction effort
Kingspan Group, the world leader in high-performance insulation and building envelopes, has been granted permission to begin work on its €280m Building materials manufacturing Campus near the city of Lviv in Ukraine.
Kingspan first announced it was investing in building a new facility in Ukraine in June 2022, which marked the first major investment announced by a Western business since the full scale invasion began.
With the first building permit granted by the State Inspection of Architecture and Urban Planning (DIAM), work will now begin on preparing the site for the first phase of construction. A significant portion of the campus is expected to be built within five years and once complete the campus will support over 700 jobs, providing a significant contribution to the local economy.
The new campus will be a low carbon facility, powered by low carbon solutions including renewable energy, and will manufacture advanced insulation, as well as other building material products and district heating solutions. The building technology deployed combined with the materials produced at the campus, will play an important role in Ukraine’s reconstruction effort and help meet the rapidly growing demand for energy efficient buildings and facilities which are essential. These technologies are central to the urgent effort to decarbonise the global built environment, which is responsible for 39 per cent of all energy-related carbon emissions.
Kingspan’s Ukraine Project Director Mike Stenson said,
“We’re thrilled to get the greenlight to begin work on the site, which marks a hugely important milestone for us. We were among the first Western businesses to announce plans to invest in Ukraine since the full scale invasion, and we have been fully committed ever since. Working closely with officials local to the site and Ukraine’s Ministry of Economy and Ukraine Invest we’re very excited for our vision at this stage to become a reality.”
Kingspan acquired the site from Sparrow Capital, supported by CBRE, and has been working closely with project partners including international architecture, engineering, and consulting firms such as Delta Group, Gleeds, AVR development and law firm Baker McKenzie as well as local authorities at the site location and Ukraine’s Ministry of Economy together with Ukraine Invest.
The Kingspan Group operates in more than 80 countries, with over 273 manufacturing facilities around the world and employs over 27,000 people globally. Through organic growth and acquisition, it has established itself as a global force for advanced building technologies and energy efficient solutions that enable low carbon buildings.
Source: Kingspan
