Beaver Plastics

What Beaver Plastics does

Beaver Thermal Solutions Inc. (formerly Beaver Plastics Ltd.) is a Canadian manufacturer of expanded polystyrene (EPS) and graphite polystyrene (GPS) insulation products, founded in 1967 and headquartered in Acheson, Alberta, with a second manufacturing facility in Chilliwack, British Columbia. The company serves four primary verticals — Construction (insulated concrete forms, continuous wall insulation, below-grade insulation, radiant floor heating, radon management), Geotechnical (geofoam lightweight fill, void forms, frost cushion), Roofing (flat/low-slope, tapered, flute fill, waterproofing), and OEM (protective packaging, appliance, automotive, hot tub inserts, windows and doors, sandwich panels) — primarily across Western Canada.

Its core technology centers on engineered EPS and GPS formulations delivered through proprietary sub-brands including Element ICF (insulated concrete forms for walls), Fortruss (structural forming for floors, roofs, and decks), Halo (Interra/Exterra/Subterra Plus continuous insulation systems), Heat-Sheet (radiant floor heating panels), G-Tec (elasticized polystyrene), Chrome GPS (graphite polystyrene sheets), and the Terrafoam family (EPS, Plus, EPE, HS). The portfolio addresses thermal efficiency, moisture resistance, compressive strength, radon mitigation, and load reduction across residential, commercial, and industrial applications.

Revenue is generated through one-time product sales via a direct sales motion with phone- and email-based engagement to construction contractors, architects, engineers, and OEMs. The company employs 51–100 staff, is privately held with no disclosed parent company or institutional investors, and underwent a corporate rebrand from Beaver Plastics Ltd. to Beaver Thermal Solutions Inc. in September 2025 to better signal its focus on thermal performance and sustainability.

Name

Beaver Plastics

Legal name

Beaver Thermal Solutions Inc.

Website

https://beaverplastics.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

51–100 employees

Short description

Beaver Thermal Solutions Inc. is a Western Canadian manufacturer of EPS and GPS insulation products serving construction, geotechnical, roofing, and OEM customers from production facilities in Alberta and British Columbia.

Ownership category

akta.pro rank

Product category

Building Insulation Materials

NAICS

Polystyrene Foam Product Manufacturing (32614)

SIC

Plastics Foam Products (3086)

akta.pro primary industry

Polymer Foams & Cellular Materials (PU Foams, EPS/XPS, Structural Foams) (IMAEANAL)

akta.pro secondary industries

Structural Insulated Panels (SIP) & Foam-Core Composite Panel Manufacturing (IMANAIAK), Thermoformed Building & Construction Products (Panels, Liners, Covers) (IMANAHAF), Insulation Retail (Fiberglass, Foam Board, Spray Foam Kits) (CRAIAEAE)

Keywords

• Expanded polystyrene insulation
• Insulated concrete forms
• Geotechnical foam fill
• Rigid foam insulation
• Construction insulation products

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. EPS and GPS Insulation Products: Sale of engineered expanded polystyrene (EPS) and graphite polystyrene (GPS) insulation solutions for construction, geotechnical, roofing, and OEM applications. Products include insulated concrete forms, rigid insulation boards, geofoam, radiant floor heating panels, and specialty insulation materials.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Beaver Plastics (now operating as Beaver Thermal Solutions Inc.) manufactures and sells engineered Expanded Polystyrene (EPS) and Graphite Polystyrene (GPS) insulation solutions for construction, geotechnical, roofing, and OEM applications. The product portfolio includes insulated concrete forms (Element ICF), structural forming systems (Fortruss), rigid insulation boards (Halo, Terrafoam, Chrome GPS), geofoam lightweight fill, radiant floor heating panels (Heat-Sheet), radon management panels, and specialty OEM components, produced at facilities in Alberta and British Columbia.

Product overview

Beaver Thermal Solutions (formerly Beaver Plastics Ltd.) offers a comprehensive portfolio of EPS (Expanded Polystyrene) and GPS (Graphite Polystyrene) insulation solutions organized into four main industry verticals: Construction, Geotechnical, Roofing, and OEM applications. The core product line includes Element ICF for insulated concrete forms, Fortruss for floor and roof systems, and Geofoam for lightweight fill. Supporting sub-brands include Halo (interior/exterior/subterra insulation), G-Tec (elasticized polystyrene), Terrafoam (EPS, Plus, EPE, HS variants), Chrome GPS, and specialty products like Heat-Sheet radiant floor heating, HSH Radon Vented Panel, and various void form solutions (Dynavoid, Dynaflex, Frost Cushion). The company operates manufacturing facilities in Alberta and British Columbia, serving Canadian construction and industrial markets.

Differentiator

Problem solved

Functional benefit

Brands

• Element ICF: Insulated Concrete Forms wall system for faster builds, stronger walls, and lasting performance
• Fortruss
• Halo
• Heat-Sheet
• Geofoam
• HSH Radon Vented Panel
• Terrafoam EPS
• Terrafoam Plus
• Chrome GPS
• Dynavoid
• Dynaflex
• G-Tec

Products and services

• Element ICF

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Plasti-Fab: Plasti-Fab (a division of PFB Corporation/BuildGroup) is a Canadian manufacturer of expanded polystyrene (EPS) insulation products serving construction and geotechnical applications across Canada. It is the most directly comparable domestic competitor, overlapping with Beaver on product range (insulation boards, geofoam) and Canadian building code-driven demand.
• Insulfoam (Carlisle Construction Materials): Insulfoam is one of North America's largest manufacturers of EPS and GPS rigid foam insulation, offering products for roofing, wall, below-grade, and geotechnical applications. It competes head-to-head with Beaver's Halo, Terrafoam, and Geofoam lines in spec-grade insulation segments and shares the same foam chemistry and energy-efficiency value proposition.
• ACH Foam Technologies / Atlas Molded Products: ACH Foam Technologies (now part of Atlas Molded Products) produces molded EPS packaging, cold-chain solutions, and construction-grade EPS insulation. Its product breadth in molded EPS and protective packaging directly mirrors Beaver's OEM and construction segments, making it a strong operational and product-mix comparable.
• Benchmark Foam Inc. Benchmark Foam is a US-based manufacturer of expanded polystyrene products for construction, geotechnical, and OEM applications, including Geofoam, insulated concrete forms, and protective packaging. Its product portfolio and customer mix closely parallel Beaver's four-vertical structure.
• Atlas Roofing Corporation (Atlas EPS): Atlas Roofing's Atlas EPS division produces expanded and polyiso insulation for walls, roofs, and below-grade applications, with strong specification presence in commercial construction. It overlaps with Beaver's Halo roofing/wall insulation systems and competes for the same architect-and-specifier-driven projects.
• ThermaFoam LLC: ThermaFoam is a Texas-based EPS and GPS insulation manufacturer serving commercial roofing, wall, and below-grade markets. Its focus on high-performance continuous insulation makes it a credible comp for Beaver's Halo and Chrome GPS product lines targeting building envelope projects.
• Polar Industries: Polar Industries is a US manufacturer of expanded polystyrene products, including Geofoam, ICF blocks, and custom molded EPS components for OEM customers. Its multi-vertical EPS strategy and specialty product focus (Geofoam, ICF) directly parallels Beaver's construction and OEM segments.
• Big Sky Insulations: Big Sky Insulations produces EPS insulation for below-grade, structural, and geotechnical applications, including frost-protected shallow foundations common in cold-climate construction. It is especially relevant to Beaver's Frost Cushion, Dynavoid, and below-grade Terrafoam lines targeted at Canadian cold-climate markets.

Broad incumbents

• PFB Corporation (BuildGroup): PFB Corporation operates Plasti-Fab and other building-products businesses across North America. As the parent of Beaver's primary Canadian EPS competitor, PFB provides a useful top-down comp on scale, capital structure, and the broader Canadian insulation/building products market.
• Carlisle Construction Materials: Carlisle Construction Materials is a large diversified building envelope manufacturer that owns Insulfoam and competing polyiso and EPDM roofing brands. It competes with Beaver's roofing, ICF, and below-grade product lines as part of a much broader portfolio serving commercial and residential construction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/beaver-plastics
• Xx.com/beaver4sales

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beaver Plastics