TOLEDO, Ohio, June 4 /PRNewswire-FirstCall/ -- Owens Corning (NYSE: OC)
today announced that it received a grant from Mexico's National Counsel of
Science and Technology to continue to innovate new ways to insulate
concrete housing structures. Owens Corning received one of 15 grants that
were awarded as part of a program to help Mexico remain competitive through
innovation.
"This grant recognizes Owens Corning as a technology leader," said
Salvador Valtierra, director of innovation for Latin America. "We are
working to apply the company's insulation expertise to the development of
insulating solutions to typical Mexican concrete housing construction. New
and existing housing in Mexico is rarely insulated, providing a significant
market opportunity for Owens Corning."
The focus of this grant is to increase the energy efficiency and
comfort of low-income concrete homes in Monterrey, Mexico, which has an
extreme climate. Small and inexpensive houses are commonly made by pouring
concrete into molds, a quick construction method with little thermal
efficiency.
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 19,000 employees in 26
countries on five continents. Additional information is available at
http://www.owenscorning.com/ .
SOURCE Owens Corning
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Related links:
http://www.owenscorning.com
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Media, Jason Saragian, +1-419-248-8987,
Investors, Scott Deitz, +1-419-248-8935
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