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CeilingsDrywallInsulationWalls and Ceilings News

Saint-Gobain Announces Acquisition of International Cellulose Corporation

Acquisition will reinforce Saint-Gobain’s leadership position in light and sustainable construction

Saint-Gobain Logo
Saint-Gobain
February 2, 2024

Saint-Gobain announced Feb. 2 that it has acquired the business assets of International Cellulose Corporation, a privately-owned manufacturer of commercial specialty insulation products, including spray-on thermal and acoustical finishing systems.

The acquisition of ICC’s assets will allow Saint-Gobain to reinforce its leadership position in light and sustainable construction by offering fireproofing and insulation solutions that will enhance energy conservation and efficiency in commercial spaces. Manufactured with natural, plant-based fibers and high recycled content, ICC products meet some of the world’s most rigorous sustainability standards, such as LEED V.4 and GREENGUARD Gold certifications, aligning with Saint-Gobain’s focus on sustainability. Cellulose, the primary raw ingredient in ICC products, contains high levels of sequestered carbon, furthering Saint-Gobain’s commitment to net-zero carbon by 2050.

“With plant fiber-based spray insulation products that allow commercial spaces to be more energy-efficient, safe and comfortable, International Cellulose Corporation is a perfect fit for Saint-Gobain North America,” said Mark Rayfield, president and CEO of Saint-Gobain North America and CertainTeed. “I look forward to welcoming the ICC team to the Saint-Gobain family and working together to meet our sustainability goals and our purpose; ‘Making the World a Better Home.’”

With approximately 50 employees at its manufacturing site in Houston, the acquisition of ICC will allow Saint-Gobain to establish its Commercial Building and Infrastructure business as a leader in cementitious fireproofing and sprayed acoustic insulation, complementing Saint-Gobain’s steel fireproofing solutions and contractor offering. ICC’s product portfolio complements existing Saint-Gobain insulation solutions, such as GCP’s fireproofing products (acquired by Saint-Gobain in 2022) and CertainTeed’s interior insulation portfolio.

International Cellulose Corporation will join CertainTeed’s Commercial Building and Infrastructure business in the Americas region. The acquisition includes the assets of Ecosorb International, a subsidiary of International Cellulose Corporation.

The announcement follows several other North American growth investments announced by Saint-Gobain in recent months:

  • In November, Saint-Gobain broke ground on a new roofing manufacturing and distribution center in Bryan, Texas, which will create approximately 130 new jobs in the area and reaffirm the company’s commitment to serving customers in the southern United States.
  • In October, Saint-Gobain announced that it had acquired the remaining equity interest and assets from Seven Hills Paperboard LLC, including a gypsum paper board liner manufacturing facility in Lynchburg, Virginia, from its joint venture partner WestRock.
  • In September, Saint-Gobain completed the $1.325 billion acquisition of Building Products of Canada Corp., reinforcing its leadership in light and sustainable construction in the Canadian market.
  • In July, Saint-Gobain announced a $235 million expansion of its CertainTeed Gypsum facility in Palatka, Florida, more than doubling production capacity and creating over 100 new jobs.
  • In April, Saint-Gobain celebrated the opening of its CertainTeed Corners facility in Social Circle, Georgia, enhancing its portfolio of high-quality interior finishing products and growing its presence in the southeastern United States.
  • Last year, the company acquired the rights to technology from recycling partner Asphaltica, which will allow Saint-Gobain to grow its ability to recycle asphalt shingle waste.
  • In 2022, Saint-Gobain announced the acquisitions of both Kaycan and GCP, strengthening its leadership positions in siding and construction chemicals, respectively.

With over 145 manufacturing locations in United States and Canada, every current and future member of the company’s team plays a vital role in achieving its sustainability goals. A current list of job openings at all Saint-Gobain locations can be found on the company’s careers website.

KEYWORDS: cellulose mergers and acquisitions Saint-Gobain

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