• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Owens Corning's Paroc's Take-Back Model

By: 3BL Media
May 25, 2022 at 08:00 AM EDT
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

SOURCE: Owens Corning

DESCRIPTION:

One essential component of the circular economy involves the establishment of take-back models, in which manufacturers accept responsibility for downstream waste from customers using their products. For Owens Corning, this can include waste generated during construction, subsequent fabrication, or installation, as well as protective packaging.

Owens Corning Paroc, our European mineral wool business, has a long-standing commitment to take-back models, dating back to 1996 (before the company was acquired by Owens Corning). They developed the Rewool program, a customer take-back model for their mineral wool. Leftovers from trimming stone wool insulation during installation, which would have once gone to a landfill, are now collected and recycled for future use.

Their take-back model required technological innovation throughout the process, from when and how the material is collected in bags, containers, or compressed bales, through storing, pretreatment, and the final recycling procedure. In developing this process, the team worked to ensure that it was safe, easy to work with, and efficient. For example, in one business model, stone wool cut-off is pretreated by grinding it, then it is fed directly back into new products, eliminating processes that would involve additional resources, such as remelting.

In recent years, Owens Corning Paroc’s take-back model has continued to improve, and we are expanding by entering agreements with partners for support in collection and logistics to increase efficiency and flexibility in our model. The model was expanded into Finland in 2020, where customer waste from installation is processed and recycled into blowing wool. Our recycling partner reported that about 5,000 MT (mainly stone wool and a small amount of glass wool) was recycled in 2021, of which approximately 120 metric tons were attributable to Paroc. We are working with our customers to tailor the model to suit the specific needs of the building sites, including those striving to achieve zero waste-to-landfill. In October 2021, our Swedish takeback model was expanded, enabling us to recycle offcuts from customers in Norway. Byproduct is transported via a third-party waste handling company from Norway to one of our facilities in Sweden for recycling. This is an ongoing project for Paroc, one that shows a great deal of promise for the circular economy and will serve as a learning-pilot for implementation in our other markets.

Read more

Tweet me: .@OwensCorning Paroc’s Rewool program, a customer take-back model for their mineral wool is expanding by entering agreements with partners for support in collection and logistics to increase efficiency and flexibility. Learn more: https://bit.ly/38Nadgf

KEYWORDS: NYSE: OC, owens corning, Paroc

Diagram of the Rewool take back system changes from 1996 to 2020

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More
News headline image
Hemab Therapeutics Details Post-IPO Pipeline Push, Sutacimig Phase III Plans ↗
June 08, 2026
Via MarketBeat
Tickers COAG
News headline image
Zepp Health Q1 Earnings Call Highlights ↗
June 08, 2026
Via MarketBeat
Topics Earnings
Tickers ZEPP
News headline image
CareDx Sharpens Precision Diagnostics Push With Naveris Deal, AlloHeme Plans ↗
June 08, 2026
Via MarketBeat
Topics Intellectual Property
Tickers CDNA
News headline image
Bioventus Highlights PNS, PRP Growth as Cash Flow Improves and Debt Falls ↗
June 08, 2026
Via MarketBeat
Topics Initial Public Offering
Tickers BVS GS
News headline image
Vail Resorts Q3 Earnings Call Highlights ↗
June 08, 2026
Via MarketBeat
Topics Earnings
Tickers MTN

Recent Quotes

View More
Symbol Price Change (%)
AMZN  245.22
-0.81 (-0.33%)
AAPL  301.54
-5.80 (-1.89%)
AMD  490.33
+23.95 (5.14%)
BAC  53.63
-0.20 (-0.37%)
GOOG  361.17
-4.59 (-1.25%)
META  585.39
-7.61 (-1.28%)
MSFT  411.74
-4.93 (-1.18%)
NVDA  208.64
+3.54 (1.73%)
ORCL  211.82
-1.86 (-0.87%)
TSLA  408.95
+17.95 (4.59%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap