Commenting on the update David Stirling, Group CEO of Zotefoams, said:
“Despite a very challenging backdrop at the end of 2021, we are pleased to have delivered strong top-line growth while meeting profit expectations for the year and our customers’ needs.
“I am very pleased at the progress our team has made in developing the ReZorce barrier technology and the plans for increased investment are fully justified given this and the potential opportunity in sustainable barrier packaging for the circular economy.”