Houston, Texas - Thermal coating developer Flame Seal Products Inc. has signed agreements with polyurethane foam supplier Specialty Products Inc. under which the spray foam supplier will market Flame Seal's new fire resistant coating for rigid foam.
Lakewood, Washington-based SPI is Flame Seal's "strategic partner in the spray applied polyurethane foam market," the firm said in a 3 March announcement from SPI.
As part of the deal, Houston-based Flame Seal aims to acquire full certification for its new thermal coating within the next 4-6 weeks, through Intertek Laboratories, Warnock-Hersey and International Code Council Evaluation Service (ICC-ES).
SPI will then exclusively market, sell and distribute the intumescent coating both to its customers, and to the entire US market. The companies estimate that the immediate US market for this application is worth $22 million.
"I am excited about partnering with Flame Seal Products to introduce the new generation of thermal barrier coatings for foam materials," commented Dan Helton, president of SPI, in the announcement.
Helton explained that SPI already has a thermal barrier coating called Foam Safe, which performs well, but "needs expensive application equipment, is labour intensive to apply and due to the weight of the product, expensive to transport."
He went on to say that the new Flame Seal intumescent coating "will provide substantial cost savings to the polyurethane applicator while simplifying the process allowing for entry level expertise with little or no training."
Spray foamer and polyurea supplier SPI, based at and thermal coating maker Flame Seal have been carrying out R&D together for two years.
SPI has supplied spray-applied polyurea and polyurethane foams since 1974, with a complete one-stop solution, offering both materials and equipment. The company's facilities in Washington, Alaska and Texas distribute their products nationally and to over 20 countries outside the US.
The group serves industries including: residential & commercial construction, oil and gas, military, water irrigation, nuclear power, food & beverage, manufacturing, and transport among others.
SPI says it has grown at over 7 percent annually over the last ten years, and is "projecting further increased market share with the release of several new industry revolutionising products."