Press Pack Owens Corning

JEC Composites Show 2004

OWENS CORNING ANNOUNCES MAJOR CAPITAL INVESTMENT TO ADD GLASS FABRIC KNITTING PRODUCTION AT TALOJA INDIA PLANT

Toledo, Ohio, U.S.A. February 18, 2004 – Owens Corning announced today that it will add glass fiber knitting capability at the Taloja, India, plant of Owens Corning India Limited (OCIL), a joint venture between Owens Corning, USA and Mahindra & Mahindra, India. The investment adds fabric knitting to the plant’s existing glass roving operations, to supply growing market demand in India and surrounding regions, especially for the wind energy market. India is currently the fifth largest country in the world in terms of installed capacity of wind mills.

OWENS CORNING ACQUIRES AUTOMOTIVE ASSETS OF LANCASTER FIBRE TECHNOLOGY

Toledo, Ohio, U.S.A. February 24, 2004—Owens Corning Automotive (UK) Ltd., a member of the Owens Corning family of companies, has acquired the automotive assets of UK-based Lancaster Fibre Technology Ltd. Lancaster Fibre Technology has traditionally supplied automotive solutions to the UK auto industry based on Owens Corning’s Silentex® Noise Control automotive silencer technology. Owens Corning has been a Lancaster supplier and customer for many years.

Owens Corning Launches New OC® SE 1200 Type 30® Single End Roving for Wind Energy & Marine Applications, Providing Higher Strength/Fatigue Performance

PARIS, 30 March, 2004 — At the annual JEC Composites Show, Owens Corning today introduced OC SE 1200 Type 30 single-end roving for knitting and weaving. OC SE 1200 roving is targeted at the wind energy and marine markets and sets new standards in dynamic fatigue properties when used in polyester resins systems.

Owens Corning Names Chuck Dana President of Its Composite Solutions Business

TOLEDO, Ohio, Jan. 28, 2004 – Owens Corning announced today that Chuck Dana has been named president of the company's Composite Solutions Business. The Composite Solutions Business produces and supplies a wide variety of fiberglass material solutions to numerous manufacturing industries including automotive, marine, wind energy and telecommunications.

Owens Corning Announces $30 Million Expansion at Jackson, Tenn., Glass Plant

TOLEDO, Ohio, February 23, 2004 – Owens Corning today announced the company will undertake a $30 Million upgrade of its Jackson, Tenn., facility to significantly increase glass fiber capacity. The expansion of the plant, which manufactures glass primarily for mat for residential and commercial roofing products but also for specialty glass applications, will be completed by August 2004.

Owens Corning to Acquire Outstanding Shares of Mexican Joint Venture

TOLEDO, Ohio, Jan. 26, 2004 – Owens Corning announced today that it has reached agreement with Vitro S.A. de C.V., a Mexican corporation, to purchase its interest in a holding company that owns Vitro Fibras, a Mexican-based joint venture of the companies. Owens Corning currently has a 40 percent ownership position in the joint venture, which was formed in 1957.

Owens Corning Realigns Composites Business Management Team to Enhance Leadership in Markets Worldwide

Toledo, Ohio, U.S.A., March 30, 2004 – Owens Corning announced today the appointment of regional leaders in the emerging composites markets of Asia and Europe. With local leadership and sales teams in these key regions, the company is positioned to better and more rapidly fulfill growing customer needs as well as identify new opportunities and applications.