jacothelad wrote:Kingspan. The company has long said that its K15 insulation product made up only 5 per cent of the insulation in the tower block, and was used without its recommendation. There is a £150,000,000 redress settlement agreed by the 'guilty' parties. Kingspan's share....less than 3%. Apparently they informed the installers that their use of the Kingspan materials was completely inappropriate. Go figure.
Kingspan's 2.84 per cent of the settlement amount, the joint smallest proportion of the total sum. Journalist Chris Blackhurst said the breakdown of the settlement amounts, which the website has seen, suggests that Kingspan was not among the “worst offenders” and that the Tory-controlled local borough shouldered most of the blame for the disaster.
The largest contributor to the scheme was the borough of Kensington and Chelsea, which accounted for 38.4 per cent, slightly more than £52 million.
Builders Rydon made the second largest contribution of roughly £16.3 million, or 10.8 per cent, according to the report followed by Celetex – the maker of most of the insulation used in the building – which accounted for 9.84 per cent of the £150 million pay out. Maybe Kingspan needs less vitriol.
“Whilst we confirm that Kingspan was involved in the negotiated settlement between the Government and other parties, we cannot confirm or deny the details of this settlement which is confidential information,” a spokesman for the group said. “It is now a matter of record that the Grenfell Inquiry has found that “the principal reason” for the rapid-fire spread was the polyethylene-cored ACM cladding (which was not made by Kingspan).”
“Additionally,” he said, “expert evidence by the Inquiry’s own experts is that the type of insulation used was not a factor in the speed or spread of the fire and, even had non-combustible insulation been used, this would not have changed the speed or spread of the fire.”
jacothelad wrote:Kingspan. The company has long said that its K15 insulation product made up only 5 per cent of the insulation in the tower block, and was used without its recommendation. There is a £150,000,000 redress settlement agreed by the 'guilty' parties. Kingspan's share....less than 3%. Apparently they informed the installers that their use of the Kingspan materials was completely inappropriate. Go figure.
Kingspan's 2.84 per cent of the settlement amount, the joint smallest proportion of the total sum. Journalist Chris Blackhurst said the breakdown of the settlement amounts, which the website has seen, suggests that Kingspan was not among the “worst offenders” and that the Tory-controlled local borough shouldered most of the blame for the disaster.
The largest contributor to the scheme was the borough of Kensington and Chelsea, which accounted for 38.4 per cent, slightly more than £52 million.
Builders Rydon made the second largest contribution of roughly £16.3 million, or 10.8 per cent, according to the report followed by Celetex – the maker of most of the insulation used in the building – which accounted for 9.84 per cent of the £150 million pay out. Maybe Kingspan needs less vitriol.
“Whilst we confirm that Kingspan was involved in the negotiated settlement between the Government and other parties, we cannot confirm or deny the details of this settlement which is confidential information,” a spokesman for the group said. “It is now a matter of record that the Grenfell Inquiry has found that “the principal reason” for the rapid-fire spread was the polyethylene-cored ACM cladding (which was not made by Kingspan).”
“Additionally,” he said, “expert evidence by the Inquiry’s own experts is that the type of insulation used was not a factor in the speed or spread of the fire and, even had non-combustible insulation been used, this would not have changed the speed or spread of the fire.”
Yeah, but what about the emails????
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Rather simply I woukd compare this to the actions taken against two innocent men because of what was said in a closed WhatsApp group… the Kingspan emails were disgraceful
Had always thought that Kingspan, while not blameless have been thr victims of a smear campaign to distract from the shortcomings of a tory council and a tory donor building contractor. The emails just hoped with that, the Kingspan equivalent of 'lots of spit'
The more I think of it, the more important the CEO choice is - and the more infuriating the colossal failure of the IRFU to recruit appropriate candidates for the role over the last decade is. And the more ironic the Irish / NI media narrative of Ulster as bumbling incompetents and IRFU as sage, smooth professional operators riding to the rescue - when in fact it's more akin to saying that the guys who piled up the kindling, sprayed on the petrol and sparked up the lighter are the ideal guys to get back in to advise on fire safety in the rebuild.
I suspect that one issue is that because Munster are so difficult and give so much hassle, amplified by disproportionate backing in the Irish media - which is why the IRFU has often seemed to be run as a rolling Munster bail-out operation over the last couple of decades - they don't want hassle from Ulster, and have had the misguided impression that the way to achieve this is to put in place pliable yes-men as CEO, regardless of a lack of commercial experience or demonstrable track record of competence.
Unfortunately, to state the obvious, putting plausible-seeming but ultimately incompetent bluffers in charge of any organisation will not have good outcomes - and challenge and pushback is the price to be paid for putting in place a strong CEO, but is much likelier to result in better outcomes in the long run.
Hopefully they have learned their lesson, but I'm not holding my breath.
