Lapolla Industries CEO, Doug Kramer, Invited To White House Roundtable
President Obama’s Climate Action Plan
Houston, TX, October 22, 2015 – Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD) – Doug Kramer, CEO of Lapolla, attended a White House Roundtable on Thursday, October 15 in Washington, DC to discuss the private sector’s commitment to reduce the use and emissions of potent greenhouse gases known as hydrofluorocarbons (HCFs).
“In 2014 Lapolla made a commitment to the White House to transition all lines of technology by the end of 2016. We are significantly ahead of schedule, as of now, our entire product line of foam systems no longer uses high HFCs,” stated Kramer. “In fact, we are urging others in our industry to follow our lead and transition their products ahead of the EPA target date.” He further commented, “Now our goal is to transition the global markets to Next Generation 4G technology. Lapolla’s 4G already has approval in the United States, Europe and other important regions of the world.”
Lapolla has been a leader in the private sector developing new technologies addressing the issues in President Obama’s Climate Action Plan creating more climate-friendly products that are less harmful to the environment. In addition Lapolla has spray foam technology for both insulation and roofing systems and is in the process of converting all of its customers to this technology.
Gina McCarthy, Administrator of the EPA confirmed, “It is incredible to see the innovation that is out there and the commitment of the private sector.”
Leaders of the discussion included Gina McCarthy, Administrator of the EPA, Dr. Ernest Moniz, US Secretary of Energy, John Conger, Assistant Secretary of Defense, and Dan Utech, Deputy Assistant to the President for Energy and Climate Change.
For more information, go to https://www.whitehouse.gov/share/climate-action-plan.
About Lapolla Industries, Inc.
Lapolla Industries, Inc. is a global supplier, and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment, designed to reduce energy consumption in the residential, industrial and commercial markets, for both new construction and retrofit applications. More information is available at www.lapolla.com.
Forward Looking Statements
Statements made in this press release that are not historical facts constitute “forward-looking statements” pursuant to Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and Private Securities Litigation Reform Act of 1995. Any such forward-looking statements should be considered in context with various disclosures made by the Company about its business. All information herein is as of the date hereof. The Company undertakes no duty to update any forward-looking statement.
Michael T. Adams, EVP