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News Kingspan acquires Minnesota Diversified Products

Kingspan acquires Minnesota Diversified Products

Written by Global Insulation staff
08 October 2021
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US: Ireland-based Kingspan has acquired Minnesota Diversified Products, the producer of the DiversiFoam range of expanded polystyrene (EPS) and extruded polystyrene (XPS) foam and polyisocyanurate (PIR) foam billets. The group says that DiversiFoam will join Kingspan Insulation’s North American division and become a key proponent of its 10-year sustainability programme, Planet Passionate. It plans to expand the company’s Rockford EPS foam plastic recycling plant. Minnesota Diversified Products is committed to recycling 99% of production waste.

Managing Director Doug Crawford said "DiversiFoam and Kingspan are a natural fit from a geographic, technical and cultural perspective. The combination of these two outstanding businesses, coupled with Kingspan’s commitment to further investment will provide our collective customer base, our employees and our business partners with significant value. I am thrilled to welcome the DiversiFoam team into the Kingspan family.”

Published in Global Insulation News
Tagged under
  • US
  • Kingspan
  • Kingspan Insulation
  • expanded polystyrene foam
  • extruded polystyrene insulation
  • XPS
  • EPS
  • polyisocyanurate
  • Foam insulation
  • DiversiFoam
  • recycling
  • plastic
  • waste
  • Production waste
  • recycling plant
  • Acquisition

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