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Closed and open cell thermoplastic foam material formed in rods, sheets, and cylindrical shapes for use as pipe insulation and in the automotive, appliance, sports and leisure, home furnishings, agriculture, specialized packaging and construction industries; molded foam insulated container packing for commercial transportation; low-density molded polyurethane packaging foam; foam padding for impact protection; backer rods and gaskets made of foam for use in the construction industry