Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Coronavirus
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
    • MPOB develops palm oil polyol
      BPCL Polyol project in doubt
      Japan's lacklustre PU production continued in November 2020
      PU prevents freezing damage to railway tunnels
    • World automotive registrations recover in H2 2020
      Mlily to increase US market share following anti-dumping duties
      US footwear imports up 25% in November 2020
      Introducing UTECH Southeast Asia 2022
    • Wheat waste transformed into PU foam
      EC approves Kingspan's TeraSteel and Wetterbest purchases
      BTC Europe to distribute BASF’s polyurethane ingredients
      World automotive registrations recover in H2 2020
    • BPCL Polyol project in doubt
      PPG buys polyurea company Versaflex
      Recticel buys FoamPartner
      Recticel upgrades Q3 outlook despite raw material tightness
    • BPCL Polyol project in doubt
      Huafon estimates 2020 profit will be up to 40% higher than 2019
      Mlily to increase US market share following anti-dumping duties
      Stellar Q4 performance saves Wanhua 2020 earnings
    • World automotive registrations recover in H2 2020
      Car sales down 25% in Western Europe in 2020
      Patchy coronavirus effects hit global car sales in November
      November continues fall in Western Europe's car sales
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
    • China’s PU industry on the path to recovery; plans for technology upgrades
      Chinese cold chains grow bigger
      Flexible foam rises to challenges in the Middle East and Africa
      Life at the cross-roads: what does the GCC offer PU?
    • Europe's flexible foam makers face rising prices as outages hit markets
      Western European car registrations rebound slowed in September
      Western European car registrations regained some ground in August
      Western European Car registrations rebound continued in July
    • Take out the VOC with hybrid release agents
      Batteries give pultrusions power
      Seeing a way through VOC and FOG
      Aromatic polyols for simpler rigid PU formulations
    • Hennecke and Frimo: an automotive partnership
      Pushing ahead: AutoRIM drives KM’s UK growth
      BASF opens it first ‘Creation Center’ in Mumbai with a PU twist
      Persistence pays off for CTM
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
March 16, 2010 12:00 AM

Lapolla ceo says green building materials are at forefront

Utech Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Houston, Texas - In a 15 March letter to shareholders, Douglas Kramer, Lapolla Industries Inc. ceo and president predicted that 2010 will be "an unprecedented year for Lapolla and its shareholders," and said the spray foam (SPF) insulation, coatings, and equipment supplier has "several advantages against its basic materials competitors that allow us to prosper in spite of the nation's current economic troubles."

    Kramer said that in "one of the worst financial crises in US history, with the housing market getting particularly battered, especially the residential and commercial development sectors,"  the company achieved a small increase in revenue in the third quarter of 2009, compared to Q3 of 2008. "For most companies in this current economic environment [this] is outstanding growth," Kramer claimed.

    LaPolla's SPF insulation can save homeowners up to 40 percent or more on their energy bills, Kramer said, adding that implementation of the US Economic Stimulus Package has increased the past tax credit for home improvement from 10 percent to 30 percent of the cost and increased the maximum amount of the credit from $500 to $1500, "greatly benefitting Lapolla and other green building material solutions."

    LaPolla says its products provide home owners and business owners with energy savings for the lifetime of their building, while saving tax dollars. "Our market for providing clean, energy saving, high quality insulation at an affordable price has further solidified Lapolla's leading position," Kramer said.

    "Our spray foam insulation products provide a cleaner, more cost effective solution to rising energy costs and increasing greenhouse gas emissions, helping to not only insulate and seal the 'shell' of a structure but also aid in preventing air infiltration and reducing our energy consumption overall," the LaPolla chief added.

    "Due to volatile energy costs, we have seen compounded revenue growth of 82 percent over the previous five years," Kramer noted.

    During 2009, LaPolla further expanded its growing brand recognition and grew its market share, said Kramer, describing the firm's participation in the ABC television show Extreme Makeover, and a series of Lapolla and Airtight commercials on over 55 networks across the country.

    In 2009, LaPolla opened a headquarters in Toronto, Canada, and in April 2009, received Canadian Product Approval and CCMC Approval "which allows us market access with our Foam-LOK spray polyurethane insulation systems throughout Canada.

    In late April 2009, the group also received ICC-ES Approval "for our half pound spray foam insulation for use in wall cavities, floor and ceiling assemblies, as well as attic and crawl space applications, further building our product pipeline and expanding our market share."
    "

    Recommended for You
    MPOB develops palm oil polyol
    MPOB develops palm oil polyol
    Wheat waste transformed into PU foam
    Wheat waste transformed into PU foam
    BPCL Polyol project in doubt
    BPCL Polyol project in doubt
    Latest Issue
    Click HERE for Free Download
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Office 127,
    61, Willow Walk,
    London
    SE1 5SF
    E-mail us
    +44 (0) 203 287 5979

    Customer Service:
    +1 313 446 0450

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • Coronavirus
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
    • Advertise
    • Contact Us
    • Issues
    • Subscribe