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Polymers are often blended to create compounds with new or enhanced properties in order to compensate for an individual polymer's weakness or lack of inherent properties. In the field of polymer foaming, polymer blends are also used to generate fine-cell structures via heterogeneous nucleation. Recently, an interest in physical blowing agents, such CO2 and N2, has increased because of their low impact on the environment. It has thus become additionally important to pursue research on the foaming of polymer blends employing these particular physical blowing agents in an effort to keep up with the demand for environmentally friendly products. In this study, thermoplastic polyolefin (TPO) blends were prepared with polypropylene (PP) and a metallocene-based polyolefin elastomer (POE) using twin-screw extruders and a batch mixer.