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ZoteFoams

INTERVIEW: Zotefoams Deliver record results & confidence in further growth

Zotefoams plc (LON: ZTF) CEO David Stirling talks to DirectoirsTalk about its unaudited preliminary results for the twelve months ended 31 December 2018. David provides the background to its record set of results, explains how £48m invested has helped the company, updates us on expansion plans in Poland, the partnership with Nike and Davids thoughts on key drivers for the months and years ahead.

Zotefoams plc is a world leader in cellular materials technology. 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. In addition, Zotefoams owns and licenses patented MuCell® microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT®). A third foam-manufacturing site, in Poland, is planned to begin operations in 2020.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.