Who We Are
Innovative Chemical Products Group (ICP Group) is a leading formulator and manufacturer of specialty coatings, adhesives, and sealants serving the construction and industrial end markets. ICP Group is organized into two separate business groups, ICP Building Solutions Group and ICP Industrial Solutions Group, comprised of market leading brands known for innovation, quality, and performance. Founded in 2015 and supported by a lean corporate team, ICP Group has scaled rapidly through organic and acquisition growth into one of the largest coatings, adhesives, and sealants companies in North America. ICP Group is headquartered in Andover, MA and has manufacturing and distribution sites throughout North America, Latin America, and the Asia Pacific region.
The ICP Group was formed in 2015 by Doug Mattscheck, the former CEO of Quest Specialty Chemicals, a leading specialty chemicals manufacturer, and Audax, a private equity investment firm. Through acquisitions and organic growth, ICP Group has earned recognition as one of the largest global coatings manufacturers in the world.
To manufacture and deliver high performing, sustainable products that demonstrate our commitment to innovation, quality, and value for every market we serve. Through strategic partnerships and collaboration, we strive to provide our customers with a full spectrum of solutions, services, incentives, and support to help ensure their success, no matter what it takes.
We strive to be a trusted partner — for our customers and within our industry — by providing strong, agile leadership and smart, innovative solutions for the coatings, adhesives, sealants, and elastomers (CASE) markets.
Meet The Team
President and Chief Executive Officer, ICP Group
As the Chief Executive Officer of ICP Group, Doug has a proven track record of growing companies through acquisitions and improving operations in the Specialty Coatings and Building Materials industries. In Doug’s 30+ year career, he has served as President/CEO of AGY, Inc., and President and CEO of Quest Specialty Chemicals.
Chief Financial Officer, ICP Group
As Chief Financial Officer, Sven brings 25+ years of financial leadership and industry expertise to the ICP Group. Sven is known for delivering revenue, margin growth, and improving Working Capital, which he has clearly demonstrated serving as CFO for leading global manufacturing corporations such as Goss International, Festo, and NexPress Solutions. Sven is also an active member of the German American Chamber of Commerce in New York and currently serves on their Audit & Finance Committee.
President, ICP Industrial Solutions Group
As the President of ICP Industrial Solutions Group, part of ICP Group, Paul is known for achieving dramatic results through motivating his team with a high-energy approach backed by technical expertise. Prior to joining ICP Industrial, Paul has been in lead roles at Fortune 100 corporations such as Valspar/Quest Industrial Products, DuPont, and Nicoat.
Executive Vice President, ICP Building Solutions Group
Mark joined ICP in early 2017 and serves as the Executive Vice President of the Building Solutions Group, part of ICP Group. He has been involved in the sealant and adhesive markets nearly his entire life. OSI Sealants, a Mentor, Ohio based manufacturer of caulks, sealants, and adhesives, was formed by his father and uncle in 1966. Mark spent years growing the OSI business with his brother, staying on with the company to help grow the business even after it was sold. His extensive product knowledge and leadership experience is being utilized to shape the future of the Building Solutions Group.
Chief Operations Officer, ICP Group
Since 1988, Stefan has been directly involved with one of the largest global manufacturers of low-pressure polyurethane (PU) foam insulation, sealants, adhesives, and spray foam systems in pressurized packaging. His previous role as President/COO of HandiFoam led to his current position with ICP. As an expert in CASE, building materials, liquid chemical sealant adhesives and B-to-B distribution, he continues to grow the ICP Building Solutions Group business.
Let’s Grow Together: ICP Group Partnerships
As an ICP Group partner, your business joins other industry leading coating companies supported by ICP resources. We go to great lengths to ensure your company’s growth by providing opportunities to boost productivity, sales, technology, product quality, and more.
When you join the ICP family, you:
- Gain access to new channels and market verticals
- Are able to leverage additional scale and purchasing power to more effectively source raw materials
- Have a partner that helps accelerate the development of additional leading-edge technology
- Have a way to expand internationally
- Have access to capital and the expertise to quickly update systems and operations