Saint-Gobain has unveiled plans for a new low-carbon stone wool insulation plant in Melton Mowbray, Leicestershire, expected to begin production in 2027.
The factory will be built on the site of the former Holwell Foundry Works and when operating at full capacity has the potential to deliver 250 new jobs for local people.
Construction of the factory will create approximately 100 construction jobs, during the first phase.
The facility will initially produce 50,000 tonnes per year of high-performance stone wool insulation for the UK market with the potential to double its output to 100,000 tonnes per year.
The new manufacturing facility will feature cutting-edge technology, including a fully electric furnace, powered by renewable electricity. This investment will help customers reduce the embodied carbon of construction projects by lowering the CO2 (scope 1 and 2) footprint of stone wool insulation.