SPFA News and Announcements
Industry News and Announcements
Huntsman Corporation has announced its agreement to acquire Icynene-Lapolla, a leading North American manufacturer and distributor of spray polyurethane foam (SPF) insulation systems for residential and commercial applications, from an affiliate of FFL Partners, LLC. Icynene-Lapolla has annual revenues of approximately $230 million with two manufacturing facilities located in Houston, Texas and Mississauga, Ontario. Under terms of the agreement, Huntsman will pay $350 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity. Based on full year 2019 adjusted EBITDA estimates, the purchase price represents an adjusted EBITDA multiple of approximately 10 times, or approximately 7 times adjusted EBITDA pro forma for synergies. The transaction is expected to close in the first half of 2020.
Visit https://www.prnewswire.com/news-releases/huntsman-announces-the-acquisition-of-icynene-lapolla-expanding-its-downstream-footprint-in-spray-polyurethane-foam-insulation-300970423.html to view the full article online.
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The James Davidson Innovative Student Scholarship is a $600 scholarship and was initiated by SprayWorks Equipment Group owner, James Davidson. James has been designing robots and equipment for the Polyurethane industry for decades and has 50 years of experience in the industry. Our goal is to support innovation amongst Chemical Science students and encourage them to continue innovation in their chosen field.
Visit https://sprayworksequipment.com/the-james-davidson-innovative-student-scholarship/ to view the full article online.
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From the Current Issue of SPRAYFOAM PROFESSIONAL Magazine
SPFA Membership
Welcome New SPFA Members: • ARCCA Inc. • Brentwood Industries, Inc. • Foam Direct • Foametix of Chattanooga • On the Mark Spray Foam Insulation, LLC • NCFI • Valley Pro Roofing, Inc. • Versum Materials
Visit to view the full article online.
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SPF Tech
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SPFA Courses and Certification
These individuals hold a prestigious SPFA PCP Certification. You are invited to join this group by earning your credentials too! There are opportunities to meet the certification requirements at the upcoming Sprayfoam Convention in Pasadena, CA or at one of the upcoming Roadshow Events or even from the comfort of your home or office with our remote testing. Contact Kelly Marcavage at certdirector@sprayfoam.org for more details! We hope to see YOU added to this list!
Visit https://www.naylornetwork.com/spf-nwl/pdf/PCP_CERTIFIED_INDIVIDUALS.pdf to view the full article online.
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All PCP Certifications expire on December 31, 2019. The renewal notices were sent out on or about November 1, 2019. Please complete the information requested and send back to us by December 31 to keep your credentials current. For those attending Sprayfoam 2020 in Pasadena, be sure to wear the ribbon we’ll provide which says “Certified” so others know that you’ve completed the pathway to professionalism.
Visit https://www.naylornetwork.com/spf-nwl/articles/index-v2.asp?aid=594714&issueID=64088 to view the full article online.
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Making the most of your time at Sprayfoam 2020 is our job. Please figure out what you need to accomplish and schedule it in. If you have taken exams, but are still not certified, please look for an email from us detailing what you need to do to either complete that certification or move to the next level. SPFA PCP Staff will be available during Sprayfoam 2020 to answer any questions and help you navigate the certification process. During the pre-convention days of Tuesday-Wednesday, February 11 -12, 2020, the following courses will be held during the Spray Foam Convention. Written Exams are available daily from Tuesday-Friday, February 11-14. PCP Exam Preparatory Courses offered on Pre-Convention Days Tuesday-Wednesday, February 11-12, 2020 Tuesday, February 11, 2020
8am-4pm* SPF Assistant SPF Insulation Master Installer Exam Prep Course SPF Roofing Master Installer Exam Prep Course Wednesday, February 12, 2020 8am-4pm* SPF Insulation Installer Exam Prep Course SPF Insulation Project Manager Exam Prep Course SPF Roofing Installer Exam Prep Course SPF Roofing Master Installer Exam Prep Course *Students in Exam Prep Courses will have time to take the Written Exam on the same day, if they choose. PCP Written Exams Available daily during convention Tuesday-Friday, February 11-14, 2020
Visit https://www.naylornetwork.com/spf-nwl/articles/index-v2.asp?aid=594715&issueID=64088 to view the full article online.
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SPFA Job Board
AGB Weatherproofing Elyria, OH Job Description: The position of Concrete Lifting Technician would be to assist in drilling, cutting concrete and injecting spray polyurethane to raise and lift concrete, all from a mobile concrete lifting rig. Must be a go-getter that is able to problem solve and conduct business in a friendly and professional manner for residential and commercial customers. Concrete Lifting Tech will have enough knowledge of our work to be able to function as a productive and trusted member of crew, as well as work on an individual basis. Follow instruction from the Team Lead in terms of loading trucks, setting up equipment on the job, and safely operating and maintaining equipment. Conduct and provide estimates for future jobs. Clean and maintain operating equipment daily. Follow established safety rules and regulations and maintain a safe and clean environment.
Visit https://spfa.boxwoodgo.com/jobs/13286/concrete-lifting-technician to view the full article online.
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