Owens Corning

Owens Corning

March 31, 2011 09:07 ET

Owens Corning Joins With Sloot Construction to Announce Record Quality of Air Tightness for Rotary Dream Home in Guelph

New Generation of Insulation Installed in Dream Home to Set New Standard for Energy Efficiency Across Canada

TORONTO, ONTARIO--(Marketwire - March 31, 2011) -

Editors Note: There is a photo associated with this press release.

Owens Corning (NYSE:OC), manufacturers of PINK™ FIBERGLAS® insulation and other energy-saving products, has joined with Sloot Construction Ltd., located in Guelph, ON, to help build the home for this year's "Rotary Club of Guelph Dream Home Lottery". The dream home is not only built with the expert knowledge of the Sloot Construction team and beautifully furnished with state-of-the-art appliances and furniture but the entire home has been outfitted with Owens Corning's insulation products and sets a new standard of energy efficiency in Canada.

On Wednesday, March 30th 2011, Owens Corning, in association with Sloot Construction Ltd. held the final Blower Door Test on the completed home to test the home's level of air tightness. The home surpassed the energy efficiency of homes that meet the R-2000 energy rating, the pinnacle of energy efficiency in Canada and tested at 0.61 air changes per hour. This is one of the only homes in Canada that has been tested and met such a high standard of air-tightness – meaning increased energy efficiency to help cut down on energy bills.

The home also underwent a Blower Door Test at the framing stage in December 2010 to test the air tightness of the home, surpassing the standard of Energy Star® homes at the delivery, or completed, stage of the building process. This is in part due to Owens Corning's PINK™ Thermal Wall – FOAMULAR® CodeBoard™ Air Barrier system which maximizes the energy efficiency of the home and helps cut down on energy bills.

"We could not be more thrilled to collaborate with Sloot Construction for this project and help the Rotary Club with their annual fundraising initiative," says Andy Goyda, Market Development Manager, Building Materials Group at Owens Corning. "The expert knowledge of the Sloot team in combination with the energy efficient qualities of our products mean this home will help the winner of the contest save on energy bills the moment they move in."

"Owens Corning was our first choice when selecting an insulation company for this project," says John Sloot, president of Sloot Construction Ltd. "We trust the quality and value of insulation products from Owens Corning for our construction projects and the results of the Blower Door Test prove that Owens Corning delivers reliable products for creating energy efficient homes."

The Rotary Club Dream Home, valued at $682,000 will conduct the Official Grand Opening and ribbon cutting ceremony on April 9th, the same day that the club will begin selling tickets for the home until the contest closes on July 1st, 2011. The 2011 Rotary Dream Home Lottery is raising funds for the Guelph General Hospital Medical Education Centre to provide leading-edge training for medical students and eventually encourage them to return as permanent physicians.

To learn more about Owens Corning, visit www.owenscorning.ca.

About Owens Corning

Owens Corning (NYSE:OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems. A Fortune 500 Company for 56 consecutive years, Owens Corning is committed to driving sustainability by delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning is a market-leading innovator of glass-fiber technology with sales of $4.8 billion in 2009 and about 16,000 employees in 28 countries on five continents. Additional information is available at www.owenscorning.com.

About Sloot Construction Ltd.

Since 1979, the Sloot family has laid the foundation for hundreds of dreams in Guelph and the surrounding area. John Sloot, president of Sloot Construction, is fascinated by taking a simple idea of design and using it as the foundation to create innovative concepts that touch the senses visually and emotionally. A Sloot home includes an imaginative blend of contemporary and traditional design and is made with the most advanced building materials and superior craftsmanship.

*Please note that savings vary.

**Based on an average attic size of 1700 SF with existing R19 insulation, averaged over seven cities in Canada.

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