Polyfoam was established in 1995 as a joint venture company of;

Polypag AG (Switzerland) from FLM Holding , one of the biggest insulation foam producers in the World. Kıroğlu Group, a group of Companies that works in the building & construction sector, i.e. production of composite-insulated sandwich panels for industrial and other prefabricated buildings.

Polyfoam, is one of the biggest company in Europe in the sector, with a production capacity of 10 million cans per year. The plant is established on a 15,000 m2 land area in the industrial zone of Bolu. The products of Polyfoam are environment friendly and completely harmless to the ozone layer. The products contains repellent gases in accordance with provisions of international Protocol of Montreal. The production is under EEC rules and regulations. The company allocates 65% of the production for exports and 35% for domestic market. Currently, Polyfoam products are being exported to 14 countries abroad.