Polymeric materials are widely used at present as auxiliary materials in the preservation of tangible cultural heritage in museums, galleries, or libraries. The desired properties of such materials include chemical inertness and long lifetime, which are verified by accelerated aging tests. This work has tested three color types of PE foam Plastazote® LD45 (white, grey, and black), which is recommended for use in the field of cultural heritage preservation. The volatile organic compounds released from the foams after artificial aging and their influence on lignocellulosic materials were investigated. The cellulosic materials were artificially aged in close contact with the foams. All foams released organic acids ranging from acetic acid to hexanoic acid. White foam released organic acids to an extent higher by an order of magnitude compared to the grey and black types. A great influence of white foam on the properties of cellulosic materials was observed. There were large differences in the rate of degradation between the types of foams tested, indicating the need to develop a test method in order to determine the suitability for use in the preservation of culture heritage objects.