Fincantieri, an Italian shipbuilder, has filed a US$100 million lawsuit against Owens Corning and its subsidiary, the Paroc Group, claiming the companies supplied faulty fire insulation panels that were fitted on three cruise ships and eight military vessels.
The case was filed in the U.S. District Court in Ohio, where Owens Corning is headquartered. Fincantieri alleges that Paroc Group, which Owens Corning acquired in 2018, obtained fire safety certificates by submitting altered materials for testing. The shipbuilder accuses the company of fraud, misrepresentation, and putting lives at risk by selling non-compliant products.
The insulation in question came from Paroc’s “Navis” line, a stonewool product marketed as a lightweight, fire-safe solution for steel decks