ICP Group Appoints Zain Mahmood as Construction Division President

ANDOVER, Mass.–(BUSINESS WIRE)–ICP Construction (ICP), a division of the ICP Group, is proud to
announce Zain Mahmood as Division President. ICP Construction is a
leading supplier of the highest quality construction coatings and
systems, including durable sport surface systems, industrial floor
coatings, stone and masonry waterproofing, environmental abatement and
restoration solutions, and architectural paints, stains, and related
technical coatings.

Mahmood comes to ICP Construction with decades of experience in the
contractor-oriented, construction products industry. He most recently
served as President of Specialty Building Materials, Operations and
Supply Chain at GCP Applied Technologies (a division of WR Grace). He
was part of a leadership team that successfully took GCP public and
increased market capitalization in excess of 90%, delivering significant
growth in both revenue and gross margin along with the completion of one
bolt-on acquisition and the launching of new products. Previously,
Mahmood instituted winning growth strategies as President and CEO of
both Demilec Group, a spray foam insulation company and Parkson
Corporate, a wastewater treatment solutions company.

“The technologies, products, and programs that ICP Construction offer
are unique and differentiating. My focus will be to continue to build on
that platform, expanding our presence in North America and introducing
additional coating solutions to meet specifications in new applications
and markets,” explains Mahmood. “The entrepreneurial culture of ICP
means I will be rolling up my sleeves and working side-by-side with the
team and I am excited to get started.”

“Zain’s background in the contractor-focused construction products area
makes him a great fit as the ICP Construction leader. He has a strong
track record of building winning teams and growth strategies that result
in significant value creation,” said Doug Mattscheck, President and CEO,
ICP Group. “ICP Group is pleased to welcome Zain and his extensive
experience and knowledge to our leadership team.”

Mahmood will be based in ICP’s Andover, Massachusetts facility. ICP
Construction manufactures products under recognized brands such as
California Paints, Fixall, Storm System, Rock-Tred, Dry-Treat,
Fiberlock, and California Sports Surfaces.

About ICP Construction, a division of the ICP Group

A global leader in the paints and coatings industry, ICP Construction is
committed to providing the highest-quality paints, coatings, sports
surfaces and environmental remediation solutions for the architectural
and building industries. Our family of award-winning brands provides
innovative products, support and dedication to our customers. Our
products set the standard in their markets, and our continued investment
in advanced technology and delivery offers unparalleled value to our
customers. Visit www.icp-construction.com
for more information.

About ICP Group

Innovative Chemical Products (the ICP Group) is a leading specialty
chemical company engaged in the formulation, manufacturing, and
marketing of coatings, adhesives, sealants and elastomers (CASE). With
operations headquartered in Andover MA, and divisional headquarters in
Massachusetts, Ohio and Illinois, ICP serves multiple end markets,
including: OEM, industrial, building materials, packaging, printing,
specialty construction, and sports surfaces. ICP Group is privately held
and manufactures products under several recognized, specialty brands.
For more information on the Construction, Adhesives & Sealants, and
Industrial divisions of the ICP Group, visit www.icpgroup.com.

Contacts

For ICP Group
Phillip McMillan, 813-907-2150 Ext. 101
[email protected]