One of our hydro guys and the designer of the
KEPS T2
swears blind by Divinycell H60 or as an alternative Airex C70.55. Other alternatives, XPS foam, Dow (blue) or Corning (pink).
I use a 4.5 or 6 lbs density Polyether Polyurethane foam with fine closed cells for sponsons. The 2 lb density stuff makes a lighter weight sponson but will not last. I have also used Rohacell IG in a 1 lb density/cu ft. The Rohacell foam has a very high compressive strength.