News
Interim Report for the Six Months Ended 30 June 2023
Strong sales growth and recovery in gross margin drives record H1 profit Results highlights Group revenue of £64.6m, 9% higher year-on-year (HY 2022: £59.0m) High-Performance Products (HPP) sales up 11% to £26.4m (HY 2022: £23.7m) Polyolefin foams sales up 10% to £37.7m (HY 2022: £34.3m) Improved gross margin, up to 32.8% from 28.9% Profit before
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Joint development agreement for ReZorce® beverage cartons
Zotefoams, a world leader in cellular materials technology, is pleased to announce a joint development agreement (“JDA”) with a world-leading packer of beverages. Following successful internal trials, this agreement encompasses the further development of Zotefoams’ ReZorce® mono-material beverage carton packaging, and its planned use in in-market trials for a major European retailer. The JDA covers
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Silicone Expo, October 4-5 2023, Detroit, Michigan, USA, booth 901
As our first time exhibiting at Silicone Expo, we will showcase the ZOTEK® F high-performance foam range. ZOTEK F is made from high grade polyvinylidene fluoride (PVDF), offering a lightweight alternative or companion to silicone. Benefits include exceptional versatility and significant weight savings, improving carbon footprint whilst never compromising on product performance.
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Trading Update and Chair Succession
24 May 2023 – Zotefoams, a world leader in cellular materials technology, today provides a trading update for the four months ended 30 April 2023, ahead of its Annual General Meeting to be held today at 10am at 675 Mitcham Road, Croydon, CR9 3AL. At this meeting Steve Good, Chair of Zotefoams, will make the following statement: Trading in the four months ended 30 April 2023
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Reducing the carbon footprint of pharma manufacturing with high-performance insulation for cleanrooms and utility areas
With businesses the world over focusing on reducing energy consumption for both environmental and cost-saving purposes, T-FIT® Insulation, a business unit of Zotefoams plc, will showcase its most extensive range yet of high-performance insulation options for pharmaceutical and biotech manufacturers on booth 2158. The company’s flagship product for the sector, T-FIT Clean cleanroom insulation, will
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Preliminary Results (unaudited) for the Year Ended 31 December 2022
“Strong sales growth and much improved margins generate record revenues and profits ahead of initial expectations.” 21 March 2023 – Zotefoams plc (“Zotefoams” or “the Company” or “the Group”), a world leader in cellular material technology, today announces its unaudited preliminary results for the year ended 31 December 2022. Financial highlights
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Zotefoams Trading Update – 19 January 2023
Strong performance and record profits 19 January 2023 – Zotefoams, a world leader in cellular materials technology, today provides a trading update for the Group’s financial year ended 31 December 2022 (unaudited). The strong trading performance reported in the Group’s update of 15 December 2022 continued through to the end of the year and, as
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Zotefoams today announces details of changes to its Board of Directors.
In line with the provisions of the UK Corporate Governance Code, the term of office of the existing Chair of the Company, Steve Good, is due to end in 2023. Following an assessment of the Board’s existing skillsets against those required to deliver the Company’s strategy, a search process led by the Senior Independent Director
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Trading Update
Continued positive momentum through Q4 and full year profit ahead of expectations 15 December 2022 – Zotefoams, a world leader in cellular materials technology, today provides a trading update in respect of its financial year ending 31 December 2022. As communicated in the Group’s trading update of 13 October, performance over the nine months to
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ReZorce® Circular Packaging from Zotefoams wins IOM3’s 2022 Prince Philip Award
Zotefoams plc, a world leader in advanced cellular materials, has won IOM3’s 2022 Prince Philip Award. It was presented to Zotefoams Group CEO David Stirling at a gala dinner in London on 8 December 2022. 2022: Zotefoams Group CEO David Stirling accepts the IOM3’s Prince Philip medal for ReZorce® Circular Packaging (Image © MLR Photo
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Zotefoams acquires assets and intellectual property of Refour ApS
Zotefoams acquires assets and intellectual property of Refour ApS Acquisition to widen the portfolio of mono-material barrier packaging technology for the circular economy. Zotefoams has completed the acquisition of the assets and intellectual property of Refour ApS (Skandeborg, Denmark) for a modest cash consideration. In addition, Torben Andersen, Refour CEO, will join the Zotefoams team.
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Trading Update
Continued positive momentum through Q3 and full year expectations increased 13 October 2022 – Zotefoams, a world leader in cellular materials technology, today provides a trading update for the nine months ended 30 September 2022 (“year to date”) and in respect of its financial year ending 31 December 2022. Zotefoams is pleased to report a record third quarter sales
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Zotefoams appoints Neil Court-Johnston President of MuCell Extrusion LLC
Zotefoams, world leaders in cellular material technology, has announced the promotion of Neil Court-Johnston to the role of President of MuCell Extrusion LLC, focusing on the development of ReZorce® mono-material barrier packaging and MuCell® microcellular foaming technologies Neil joined Zotefoams in 2020 as Vice President of Strategy, EMEA bringing over 30 years’ experience in production
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Zotefoams to launch Ecozote® Sustainability+ foams range at K 2022, with 30% recycled content LDPE grades
Zotefoams will underline its sustainability credentials at K 2022 with the launch of Ecozote, a range of closed cell crosslinked foams specifically designed for product sustainability. Throughout its history, Zotefoams has been at the forefront of developments in lightweight materials that save energy by insulating or save fuel costs by reducing weight. The company produces
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Interim Report for the Six Months Ended 30 June 2022
Effective pricing actions support strong H1 with increased profit expectations for the full year 9 August 2022 – Zotefoams plc (“Zotefoams”, the “Company” or the “Group”), a world leader in cellular materials technology, today announces its interim results for the six months ended 30 June 2022. Results highlights Group revenue of £59.0m, 23% above the
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T-FIT Insulation presents leading cleanroom insulation solution at Interphex 2022
T-FIT Insulation (booth 2158), a business unit of Zotefoams plc, will showcase the exceptional performance benefits of T-FIT Clean foam insulation, the pharmaceutical cleanroom insulation of choice. T-FIT® Clean is the only closed cell foam insulation system that is suitable for both pipes and walls within a cleanroom environment. Uniquely, it also meets and exceeds
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Zotefoams plc announces preliminary Results (unaudited) for the Year Ended 31 December 2021
22 March 2022 – Zotefoams plc (“Zotefoams” or “the Company” or “the Group”), a world leader in cellular material technology, today announces its unaudited preliminary results for the year ended 31 December 2021. “Strong sales growth impacted by significant and unpredictable cost inflation.” Financial highlights 2021
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Full Year Trading Update
27 January 2022 – Zotefoams, a world leader in cellular materials technology, today provides a trading update (unaudited) in respect of its financial year ending 31 December 2021 (“FY 2021”). Further to the trading update of 17 December 2021, we expect to report Group revenues for the year of approximately £100m and profit before taxation, in line with market
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Festive season 2021/22: changes to office hours and shipping dates
Please see below for details of our office hours and shipping dates during the festive season. UK Premises will be closed from noon on 24 December, reopening on 4 January 2022. Last shipping dates: UK and ROW- 23 December 2021 EU – 17 December 2021. Shipping recommences on 5 January 2022. Poland Premises will be
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ReZorce® Circular Packaging WINS Best New Concept at the UK Packaging Awards 2021
Image (L-R): Philip Chadwick (Packaging News), Award sponsor – Phil Buttress (Heidelberg Graphic Equipment), Luke Rust, Neil Court-Johnston (Zotefoams), Stephen Edge, Paul Turner and Jon Culshaw Zotefoams has been awarded the Best New Concept Award for ReZorce® Circular Packaging – a mono-material barrier packaging range – at the prestigious UK Packaging Awards 2021, which took
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NBAA, October 17 – 19, 2023, Las Vegas, USA, Stand C11322
NBAA is the most influential business aviation trade show in the United States. Zotefoams plc is the world’s largest manufacturer of the lightest cross-linked, closed cell, polyolefin block foams available to the aviation market. We will be displaying products from both our AZOTE® and ZOTEK® ranges. The ZOTEK F OSU product line combines outstanding FST
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Spectrum of solutions thrives with high performing technical foams
by Roshan Sannappa, Director of Business Development & Parva Foam & Packaging Technologies, LLP From educational toys to yoga mats, aircraft interiors, medical devices, electronic applications, military applications, general purpose packaging and the running shoes used by world-class athletes, technical foams are a critical production component for a huge range of industries. The global market
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Foam Expo China, 1–3 November, Shanghai, China, Stand – 321
More information to come soon… Find out more about the show here.
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Foam Expo Europe, December 5 – 7 2023 Stuttgart, Germany – Stand 301
Foam Expo is Europe’s Largest Event for Technical Foam Innovation and Technology. Zotefoams is the world’s leading producer of lightweight, crosslinked, closed cell, block foams, manufactured using a unique, environmentally friendly process. We will be exhibiting AZOTE® and ZOTEK® foams which are durable, easy to process and offer remarkably consistent cell size. The Zotefoams process
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Interphex, April 16 – 18 2024, Javits Center, NYC, USA, Stand 2814
INTERPHEX 2024 is a leading exhibition and conference for pharmaceutical manufacturing. T-FIT® Insulation, a business unit of Zotefoams plc, will showcase the exceptional performance benefits of T-FIT® Clean foam insulation, the pharmaceutical cleanroom insulation of choice.
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Aircraft Interiors, May 28 – 30 2024, Hamburg, Germany, stand 7A57
Aircraft Interiors Expo is the world’s leading event for airlines and the supply chain to source the latest innovations, technologies and products for cabin interiors, inflight entertainment and passenger comfort. Zotefoams will be exhibiting its ZOTEK® F OSU product line, the world’s lightest closed cell crosslinked foam. Combining outstanding FST properties with exceptional processing versatility,
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Q3 Trading Update
Demand for polyolefin foams has rebounded strongly in most markets. 3 November 2021 – Zotefoams, a world leader in cellular materials technology, today provides a trading update for the third quarter of its financial year ending 31 December 2021 (“Q3 2021”). Zotefoams is pleased to report a record third-quarter sales performance, with revenues approximately 11%
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NEW circular packaging, ReZorce®, has lower environmental impact than liquid packaging board (LPB), independent study reports
Cellular materials innovator, Zotefoams – which celebrates its centenary this year – announces ground-breaking results from its recently commissioned Life Cycle Analysis (LCA) of its circular mono-material carton packaging, ReZorce®. Not only does ReZorce have a 50% lower global warming potential compared to conventional LPB cartons, it also takes 11 times less water to produce
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Cleanroom insulation solutions go head-to-head in independent testing of fungal contamination performance
Fungal contamination, most commonly by moulds and yeasts, is bad news for cleanroom manufacturing of pharmaceuticals. An outbreak can result in everything from product recalls, with the associated reputational brand damage, and production downtime through to actual harm to patients’ health. From a production point of view, the relatively common fungus Aspergillus niger is known
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ReZorce® Circular Packaging WINS prestigious British Plastic Federation’s Horners Bottlemakers Award 2021
Image: ReZorce® Circular Packaging ReZorce® Circular Packaging from Zotefoams plc has been recognised by the British Plastics Federation and Worshipful Company Of Horners, with the judges awarding the coveted Horners Bottlemakers Award 2021 for innovation in plastics design and manufacture or in the processing of polymers. The Award recognises Zotefoams’ achievement in deploying this platform
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