Owens Corning acquires spray foam manufacturer

Owens Corning has signed an agreement to acquire Natural Polymers, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Illinois.

According to the company, Natural Polymers’ products offer some of the lowest-volatile organic compound products available in the spray foam industry today. It expects sales of around US$100 million in 2022.

“This acquisition advances Owens Corning’s strategy to strengthen our core building and construction products and expand our addressable markets into higher-growth segments,” said Todd Fister, president of Owens Corning’s Insulation business.

The sale is anticipated to close in the third quarter.

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