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In 1985, Owens-Corning acquired Aerospace and Strategic Metals Group in Newport Beach, California for $415 million from Armco Inc. [16] [17] The color PINK was trademarked through Owens-Corning in 1986, making it the first company to trademark a color. By 1990, Owens-Corning was the defendant in about 84,500 asbestos-related lawsuits.
A natural fire retardant, thermal insulating cork board is also non-allergenic, simple-to-install and a considerably safer substitute to fiber and plastic based insulation. Notable challenges with cork include difficulty in maintenance and cleaning especially if the material is exposed to heavy use such as insulation for flooring.
Owens Corning Inc (NYSE: OC) has agreed to acquire Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois.
Owens joined with the Corning company in 1935 and the method was adapted by Owens Corning to produce its patented "Fiberglas" (spelled with one "s") in 1936. Originally, Fiberglas was a glass wool with fibers entrapping a great deal of gas, making it useful as an insulator, especially at high temperatures.
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Izocam was founded in 1965 as the first producer of Fibreglass insulation material in Turkey, and began production in Gebze, just east of Istanbul, in 1967.Since the 1990s Izocam has produced glass wool in Tarsus, Mersin and mineral wool in the Gebze plant.
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