Lviv, Ukraine – Insulation specialist Kingspan has begun work on a state-of-the-art manufacturing campus near Lviv in Ukraine. The investment was first announced back in 2022, and is expected to create more than 700 jobs once complete.
The country’s State Inspection of Architecture and Urban Planning has now granted Kingspan a first building permit. Work will now begin on preparing the site for the first phase of construction.
The €280m facility will manufacture advanced insulation, plus other building materials and district heating products. The power supply for the low-carbon campus will include renewable energy.
The company said a “significant portion” of the campus is expected to be built within five years. “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 in Central and Eastern Europe,” it said.
Mike Stenson, Kingspan’s Ukraine project director, said they were “thrilled” to get the go-ahead to work on the site. “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,” he said. “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.”