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Lapolla Industries Supports Amendment to Montreal Protocol

Lapolla Industries Supports Amendment to Montreal Protocol, Joins Hundreds of National and International Companies, Organizations and Governments Calling for Hydrofluorocarbon (HFC) Phasedown Designed to Deliver on Climate Goals Set Forth by Paris Agreement

If Passed the Amendment Will Reduce Climate Warming Up to 0.5°C by Century’s End

 

Houston, TX (September 22, 2016) – Lapolla Industries, Inc. (OTCQX: LPAD), a manufacturer and global supplier of high performance, energy efficient building products, today announced the company’s support of an ambitious amendment to the 1989 Montreal Protocol on Substances that Deplete the Ozone Layer. Joining forces with more than 500 national and international companies and organizations, as well as hundreds of sub-national governments, the company is calling for world leaders to pass the Montreal Protocol hydrofluorocarbon (HFC) phase down amendment, which will be voted on in October during a meeting in Kigali, Rwanda amongst signatories to the original Montreal Protocol.

“The significance of getting this amendment passed lies in its ability to help deliver on the goals set forth by the December 2015 Paris Agreement,” said Doug Kramer, President and CEO of Lapolla Industries. “In essence, the amendment will allow us to further reduce the use of HFCs and, in doing so, avoid up to 0.5°C of global climate warming by the end of the century. The importance of this to the health of the global environment, economy and our nation cannot be overstated.”

If world leaders adopt the amendment, it will enact an early first reduction step in HFC use for Article 2 countries and a freeze date for Article 5 countries. The amendment represents global action toward reducing the use and emissions of high-global-warming potential HFCs as well as a transition over time to more sustainable alternatives that enhance energy efficiency.

Lapolla Industries is a Houston, Texas-based manufacturer and global supplier of building products including high performance spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. In 2014, Lapolla Industries became the first in the global spray polyurethane foam sector to eliminate ozone depletion potential (ODP) and reduce global warming potential (GWP) in its product line. The company accomplished these initiatives through an aggressive re-engineering of its product chemistry.

Development of Lapolla’s product line innovation commenced approximately four years ago. CEO Doug Kramer was subsequently invited to participate in the prestigious President’s Climate Action Plan roundtable at the White House alongside the Environmental Protection Agency (EPA) and some of the nation’s most recognized business leaders.

“Lapolla’s foremost commitment across all of its products is maximizing energy conservation in the building environment,” added Kramer. “While our products already ranked high in energy efficiency benefits, we pushed to deliver a next generation spray foam line that protected the ozone and the climate as well. This effort has fared well for both the environment as well as for our business.”

In addition to the proven environmental benefits, the innovation in Lapolla Industries’ fourth generation spray polyurethane foam product line produces additional product yield, resulting in lower installation cost and greater ROI and savings to the consumer.

Lapolla’s fourth generation spray polyurethane foam products include: FOAM-LOK™ 2000-4G Spray Foam Insulation, FOAM-LOK™, and FOAM-LOK™ 2800-4G Spray Foam for Roofing and all other closed cell spray foam systems. While applications for each vary, all provide standout performance in energy efficiency by reducing the energy consumption of a home or commercial building up to 45 percent.

“Not only are we protecting the ozone and climate, but our next generation spray foam line also reduces fossil fuel use for heating and cooling,” said Kramer. “This is a major win-win all around.”

White House Press Release 

About Lapolla Industries, Inc.

Lapolla Industries, Inc. (OTCQX: LPAD) is a global supplier and manufacturer of spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. Based in Houston, Texas, the company’s building envelope and roofing product solutions are designed to reduce energy consumption in the building environment, across the residential, commercial and industrial sectors, in both new construction and retrofits. Visit Lapolla Industries 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 Company about its business. All information as of date hereof. Company undertakes no duty to update any forward-looking statement.

 

Investor Relations Contact:

Michael T. Adams, EVP

Tel: (281) 219-4700

Email: info@lapolla.com

The Unintended Results of Doing the Right Thing

by Doug Kramer, President & CEO for Entrepreneur Magazine

Click here to view the article in Entrepreneur Magazine

Typically, a company’s success is commonly measured by financial indicators, such as growth in revenue, market share and profitability. But what happens when you apply a different standard of measurement to the success of your company?

Environmental responsibility is one such standard that some organizations are now striving to achieve. Rather than measure success in financial terms, environmental responsibility assesses whether a company is doing the right thing for the community and environment.

So another question to ask is: Can doing the right thing create potential business opportunities? And can these opportunities – in addition to financial measurements — be another indicator of organizational success?

Companies are often driven by, and toward, financial results. But environmental responsibility is often associated with higher costs.

Because of that, many companies do not view sustainability practices as a measurement of success, which makes it uncommon for companies to do the right thing for the environment. There usually needs to be an expectation that the environmental effort will also benefit the business in some way.

When our team began to consider making environmentally positive changes to its product line, we believed there would be a benefit to our business.

In a previous post, I mentioned that we expected our environmental stewardship to positively influence our bottom line, as we had conducted a lot of research and identified ways to achieve both savings and greater product yield through this innovation.

These assumptions proved to be correct. But what our team did not presume was that there would be additional positive results beyond those directly affecting the environment and our bottom line. We’ve been pleasantly surprised.

First and foremost, environmental stewardship has the power to showcase the organization as a true leader. If you are the first in your industry to uniquely employ sustainability measures, that effort will be recognized by your clients and industry.

Depending on how you are driving that stewardship, you may also showcase innovation of other kinds via technology advancements, efficiencies and new ideas. And you may be able to achieve and drive additional product or service enhancements through your environmental stewardship efforts.

Driving sustainability practices within your company may lead to something else you haven’t even thought of – improved employee morale. When workers know that their company is influencing positive change in the world, they tend to feel good about working for that organization. In essence, they are proud to be part of it. This in turn will likely lead to increased loyalty, good word-of-mouth referrals, PR and even improved performance.

In addition to the positive influence on your company and its team members, you may also be able to forge a path within your industry. This can showcase your organization as the catalyst for positive change industry-wide, garnering improved recognition for the company and even attracting new talent, who want to be part of the movement you’ve started.

When you decide as an organization to employ sustainability measures, it also puts you in the unique position to stay ahead of regulators and to be a model of inspiration to them, rather than a subject that needs to be policed. As such, you become an example of what to do, rather than what not to do, spotlighting the organization as one that is both progressive and responsible.

In 2014, in parallel with our commitment to re-engineer the chemistry of our product line to eliminate ozone depletion potential and reduce global warming impacts, we were invited to participate in the President’s Climate Action Plan Executive Roundtable at the White House alongside both the U.S. Environmental Protection Agency (EPA), Department of Energy and a short list of CEOs from some of the country’s most recognized companies.

The goal of the roundtable was to lead the discussion toward real actions that would “green” American made products in an effort to protect the climate.

Our invitation to participate in this prestigious discussion was a catalyst that allowed us to help drive environmental change in both its industry and the business community at-large, prior to regulations being instated which would force those changes upon us. In essence, we were able to drive positive change, rather than be driven reluctantly by regulations.

We had never expected to have a seat at a discussion of this caliber, and we never would have had we not been the first in our industry sector to drive the environmental stewardship we believed was truly needed. Our product innovations led us to not only being invited to participate in the President’s Climate Action Plan roundtable discussions two years in a row, but it also resulted in the EPA showcasing Lapolla as an environmental leader with both domestic and international business audiences.

For example, in 2015, the EPA and State Department brought a delegation from India to our headquarters to educate them on the company’s innovations and the positive environmental impacts garnered from them.

In short, if you drive sustainability measures and practices in your company and industry, it is not only possible to positively impact your bottom line, but also to garner surprising results.

Whether these include an elevated reputation in the business community, improved employee morale or being showcased by regulators as a model of best practices, you might be surprised what positives await you through environmental stewardship.

Lapolla Industries CEO Invited To White House Roundtable

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.

Investor Relations:
Michael T. Adams, EVP
Phone: 281-219-4700
Email: info@lapolla.com