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Owens Corning - OC STOCK NEWS

Welcome to our dedicated page for Owens Corning news (Ticker: OC), a resource for investors and traders seeking the latest updates and insights on Owens Corning stock.

Owens Corning (NYSE: OC) is a global leader in the development, manufacturing, and marketing of insulation, roofing, and fiberglass composites. Headquartered in Toledo, Ohio, the company has been a staple in the Fortune 500® list for 61 consecutive years and employs approximately 15,000 people across 26 countries.

Owens Corning operates in three main segments: Composites, Insulation, and Roofing. The Composites segment produces glass fiber used in thousands of products, enhancing their strength, durability, and weight reduction. The Insulation segment focuses on energy-saving solutions for both commercial and residential buildings, improving overall comfort and efficiency. The Roofing segment, the largest revenue generator, includes laminate and strip asphalt roofing shingles, roofing components, synthetic packaging materials, and oxidized asphalt.

Recent achievements include continued innovation in sustainable building materials and systems that not only save energy but also enhance the comfort of living spaces. Owens Corning maintains a robust financial position, evidenced by its 2014 sales of $5.3 billion. The company is also known for its commitment to sustainability and inclusion, making significant contributions to environmental and social governance (ESG) initiatives.

Through partnerships and collaborations, Owens Corning remains at the forefront of building science, continuously developing products that make structures lighter, stronger, and more durable. The company's ongoing projects focus on expanding its market presence and improving product offerings to meet evolving consumer and industry demands.

For more information, visit www.owenscorning.com.

News
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Owens Corning emphasizes the importance of glass recycling for innovation and sustainability. They used 1.4 billion pounds of recycled glass in their manufacturing in 2022. Glass can replace traditional materials in various applications, such as roofing, concrete, and wind turbine blades. However, the supply of post-consumer glass (cullet) is at risk due to low recycling rates and removal of glass from curbside recycling programs. Owens Corning is working with partners to support the glass recycling industry and increase recycling rates.
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Owens Corning makes progress on shingle recycling workstreams
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Owens Corning's air compliance lead discusses the company's commitment to sustainability and operationalizing it.
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Owens Corning unveils 'Williamsburg Gray' as the 2024 Shingle Color of the Year, offering a modern take on conventional shades of gray for home roofs.
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Owens Corning named to the 100 Best Corporate Citizens ranking for the sixth consecutive year
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Owens Corning advances toward circular shingle economy with progress in shingle recycling
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Owens Corning focuses on improving employee experience and inclusivity.
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Regan Mattison, an occupational health nurse, discusses integrating Total Productive Maintenance (TPM) into wellness initiatives at Owens Corning.
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Owens Corning to announce Q3 2023 financial results on October 25, 2023. Webcast replay available for one year. Callers can dial in using provided numbers. Telephone replay available until November 1, 2023.
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Owens Corning addresses the challenge of recycling decommissioned wind turbine blades, which could accumulate up to 2.2 million metric tons in U.S. landfills by 2050. The company is working with industry partners to find sustainable solutions for handling retired blades. Wind power accounted for 22% of new electricity capacity in the U.S. in 2022, attracting $12 billion in capital investment. The sector is poised for rapid growth. Owens Corning aims to develop circular models and is part of projects focused on producing 100% recyclable blades and driving the use of sustainable materials and processes.
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FAQ

What is the current stock price of Owens Corning (OC)?

The current stock price of Owens Corning (OC) is $202.77 as of November 22, 2024.

What is the market cap of Owens Corning (OC)?

The market cap of Owens Corning (OC) is approximately 17.2B.

What does Owens Corning do?

Owens Corning develops, manufactures, and markets insulation, roofing, and fiberglass composites globally.

What are the main segments of Owens Corning?

The main segments are Composites, Insulation, and Roofing.

Where is Owens Corning headquartered?

Owens Corning is headquartered in Toledo, Ohio.

How many employees does Owens Corning have?

Owens Corning employs about 15,000 people across 26 countries.

What was Owens Corning's sales figure in 2014?

In 2014, Owens Corning posted sales of $5.3 billion.

How long has Owens Corning been a Fortune 500® company?

Owens Corning has been a Fortune 500® company for 61 consecutive years.

Which segment generates the most revenue for Owens Corning?

The Roofing segment generates the most revenue.

What are the key products in the Roofing segment?

The Roofing segment includes laminate and strip asphalt roofing shingles, roofing components, synthetic packaging materials, and oxidized asphalt.

Is Owens Corning involved in sustainability initiatives?

Yes, Owens Corning is committed to sustainability and inclusion, actively contributing to environmental and social governance initiatives.

Where can I find more information about Owens Corning?

More information can be found on their website at www.owenscorning.com.

Owens Corning

NYSE:OC

OC Rankings

OC Stock Data

17.21B
84.95M
0.93%
97.19%
1.83%
Building Products & Equipment
Abrasive, Asbestos & Misc Nonmetallic Mineral Prods
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United States of America
TOLEDO