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16. March 2020

Huntsman: Baker and Kramer Presidents of combined SPF business

Huntsman Corporation announced the appointment of two presidents to jointly lead its new, combined spray polyurethanes foam (SPF) business comprising Demilec and Icynene-Lapolla, both leading North American manufacturers and distributors of SPF insulation systems for residential and commercial applications.

The combined business will have one leadership team, jointly led by Simon Baker, president of Huntsman’s Demilec SPF business, and Doug Kramer, president of Icynene-Lapolla. Geographically, Baker will be responsible for Canada and development of the business in fast growing global markets; Kramer will be responsible for the USA.

Huntsman completed the acquisition of Icynene-Lapolla on 20 February 2020, having acquired Demilec in 2018. According to Huntsman, the creation of the new, combined SPF business is a demonstration of its stated downstream business strategy and establishes the company as a global leader in SPF.

Tony Hankins, President of Huntsman Polyurethanes, said: “This is an exciting time for our Polyurethanes business as we continue the transformation of our portfolio to provide more differentiated and sustainable solutions to our customers. To bring the two businesses together as one enables Huntsman to provide an unmatched offering of open- and closed-cell insulation products and accelerates the globalization of our SPF platform.”

www.huntsman.com

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