Zotefoams
plc
("Zotefoams" or "Group")
Zotefoams joins independent
authority, RECOUP
14
February 2024 - Zotefoams plc, a
world leader in cellular materials technology, has joined RECOUP,
the UK's leading independent authority and trusted voice on
plastics resource efficiency and recycling.
With a network of over 180
organisations, RECOUP and its members are committed to advancing
the circularity of the plastics value chain by developing the
sustainable use of plastics, increasing plastics recycling, and
improving the environmental performance of materials.
Zotefoams prioritises key markets
where there is the greatest opportunity to improve circularity or
reduce reliance on fossil fuel-derived raw materials and innovates
within this space. This drive for sustainable development matches
the commitments of RECOUP and its membership base.
Zotefoams' latest sustainable
innovation, ReZorce® Circular Packaging, is the subject
of a Joint Development Agreement with a major global player in
beverage packaging and trials with a major European retailer,
replacing Liquid Packaging Board (LPB) for juice cartons, are
planned for early this year. ReZorce provides a solution which is
recyclable via standard recycling streams and has a significantly
lower environmental impact, with a patented multi-layer structure
which enables recycled plastic to be incorporated within its
core.
David Stirling, Zotefoams Group CEO, comments,
"We're delighted to have joined the RECOUP
membership base so that we can collaborate with fellow members and
support the sustainable use of plastics."
-ENDS-
Enquiries:
Zotefoams plc
|
+44
(0) 208 664 1600
|
David Stirling,
Group CEO
Gary McGrath, Group CFO
|
|
|
|
IFC
Advisory (Financial PR & IR)
|
+44
(0) 203 934 6630
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Graham Herring
Tim Metcalfe
Zach Cohen
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About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world
leader in cellular materials technology delivering optimal material
solutions for the benefit of society. Utilising a variety of unique
manufacturing processes, including environmentally friendly
nitrogen expansion for lightweight AZOTE® polyolefin and
ZOTEK® high-performance foams, Zotefoams sells to
diverse markets worldwide. Zotefoams uses its own cellular
materials to manufacture T-FIT® advanced insulation for
demanding industrial markets. Zotefoams also owns and licenses
patented microcellular foam technology to reduce plastic use in
extrusion applications and for ReZorce® mono-material
recyclable barrier packaging.
Zotefoams is headquartered in
Croydon, UK, with additional manufacturing sites in Kentucky, USA
and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products
manufacture and conversion), Massachusetts, USA and Stilling,
Denmark (microcellular foam technology) and Jiangsu Province, China
(T-FIT).
www.zotefoams.com
AZOTE®,
ZOTEK®, ReZorce® and T-FIT® are
registered trademarks of Zotefoams plc.