Icynene-Lapolla and Demilec Join Forces in Huntsman Acquisition

Huntsman's Newest Acquisition

Huntsman Corporation has completed the acquisition of Icynene-Lapolla, a leading North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems for residential and commercial applications. The acquisition of Icynene-Lapolla is aligned with Huntsman's strategy of growing its downstream polyurethanes business. The combination of Icynene-Lapolla with Demilec, the SPF business Huntsman acquired in 2018, will create the world's leading supplier of spray foam products used to insulate commercial and residential structures.

Huntsman serves a broad and diverse range of consumer and industrial end markets, including: transportation, home life, construction, energy and fuels, and clothing and footwear. They develop products that address customers’ needs and help provide solutions to some of the world’s greatest challenges. Through four divisions, operations take place in more than 30 countries around the world, employing approximately 10,000 associates. Click here for more information about Huntsman Corporation.

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Icynene-Lapolla has become the spray polyurethane foam industry leader in technology and support, with a service model that includes product research and development, sales and technical support, engineering, parts and equipment, and marketing. These competitive advantages, from both companies, generate a comprehensive, high-performance portfolio of insulation and roofing technology systems. As the first in the world to commercialize an HFO spray foam system and pioneer the development of open cell spray foam, Icynene-Lapolla takes technology to the next level with the latest products in development. Icynene-Lapolla's goal is to continue to drive innovation, safety and value for customers and consumers alike.