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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

gwp carbon dioxide emissions epa footprint

What is GWP (Global Warming Potential)?

Global-warming potential (GWP) is the amount of heat a greenhouse gases maintains in the Earth’s atmosphere. All greenhouse gases have GWP, which then explains the impact greenhouse gases have on global warming. Each gas’ heat-absorbing ability (GWP rate) is usually compared to that of carbon dioxide (CO2).

For example, methane is a major contributor to the greenhouse effect. Methane’s GWP is 21. So methane is about 21 times more heat-absorptive than carbon dioxide and can remain in the atmosphere for 12 years. Nitrous Oxide (N2O) has a GWP of approximately 310. This means one pound of Nitrous Oxide can warm the atmosphere over 300 times more than a pound of Carbon Dioxide. In 2012, Nitrous Oxide accounted for about 6% of all US greenhouse gas emissions from human activities (source: epa.gov).

residential commercial electricity transportation gwp

Sources of Greenhouse Gas Emissions

There are four main greenhouse gases: Methane, Nitrous Oxide, Flourinated Gases and Carbon Dioxide. How do these gases get into the atmosphere? Here’s an visual of the greenhouse gas emissioins just for the United States (epa.gov)

Each type of greenhouse gas has a GWP. The higher the GWP, the higher the impact it has on global warming.

What does GWP have to do with your Carbon Footprint? If you take the total emissions of a given human act, such as driving a car or running your air conditioning, you can estimate a number of total greenhouse gas emissions that occurred over a time period. This total number is your carbon footprint.