Owens Corning Innovates New Technology for Foam Insulating Systems

March 28, 2008

New Blowing Agent Technology Reduces Greenhouse Gas Emissions by More Than 70 Percent with Zero Ozone Depletion TOLEDO, Ohio, March 27 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:OC) , a world leader in building materials systems and glass fiber reinforcements, today announced that it has developed new blowing agent technology that will allow the company to manufacture its complete line of foam insulating systems in North America with more than a 70 percent reduction in greenhouse gas emissions and zero ozone depletion. Owens Corning has already begun the conversion of its foam insulation manufacturing facilities to the new blowing agent technology. The timetable will ensure the full conversion of its North American manufacturing footprint for foam insulation, inclusive of the start-up of a new facility in Gresham, Ore., prior to the Montreal Protocol mandate of 2010. "The development of this new technology and investment in the full conversion of our manufacturing facilities reflects our long-term commitment to our customers and the growth of their businesses," said Kim Howard, vice president and general manager, foam insulation. "We will continue to look for new technologies that better deliver insulating systems, save energy, protect the environment, and meet our customers' needs." Owens Corning PINK Foamular(R) and PROPINK(R) Rigid Foam insulating systems save energy and reduce greenhouse gas emissions by providing a durable exterior sheathing that is resistant to damage, provides an insulating value of R5 per inch, and is moisture resistant. Owens Corning foam insulation products are used in above and below grade applications in residential, commercial and industrial markets.

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