RCS - Cropper(James) PLC - Publication of Infographics

James CropperAnnouncement

03/07/2024 07:00

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RNS Number : 8748U  Cropper(James) PLC  03 July 2024

RNS REACH

3 July 2024

James Cropper plc

('James Cropper', the 'Company' or the 'Group')

Publication of Infographics

James Cropper plc (AIM: CRPR), the Advanced Materials and Paper &
Packaging group, has published two new infographics on its corporate website.

 

The first infographic provides an overview of the Group's business model and
investment case including information about the Company's divisions, service
offering, target markets and strategic priorities. This can be found here
(https://urldefense.com/v3/__https:/media.jamescropper.com/web-assets/PDF/Investors/JAMES-CROPPER-Infographic-_Group-Introduction.pdf__;!!H_q-o1I4kFo!kaKvacS35fGG4qD0U6QzC4HtNLHN2eNKPpiK2GKr5UDMY_ZAg31GJWGUkFsDJPtMT-Oci7qRijDXzid-0L7MetS-4RammjgpEN44v6lbX-c$)
.

The second infographic focuses on the Advanced Materials division,
specifically PEM electrolysers and hydrogen, and can be found here
(https://urldefense.com/v3/__https:/media.jamescropper.com/web-assets/PDF/Investors/JAMES-CROPPER-Infographic-_-Advanced-Materials-Introduction.pdf__;!!H_q-o1I4kFo!kaKvacS35fGG4qD0U6QzC4HtNLHN2eNKPpiK2GKr5UDMY_ZAg31GJWGUkFsDJPtMT-Oci7qRijDXzid-0L7MetS-4RammjgpEN44AJRM7f0$)
.

The Advanced Materials division serves a diverse range of end markets
including fuel cells, wind energy, aerospace, defence and automotive. Within
this division, James Cropper has developed some of the most advanced coating
solutions for PEM electrolysers, extending operating life by 60%. The PEM
electrolyser market is anticipated to grow at a rate of 35% per year over the
next 12 years as governments aim to meet emission reduction targets by
delivering affordable clean hydrogen production with PEM electrolysis
considered the optimal source of hydrogen generation.

Hydrogen could contribute to more than 20% of annual global emissions
reductions by 2050. James Cropper is well-positioned to benefit from this
trend as it develops and manufactures the highest quality GDL substrate with
its products currently used in over 60,000 hydrogen fuel cells globally.  The
global fuel cell market is forecast to grow 26% per year from 2023 to 2030.
The Group's strategic position with four manufacturing and converting sites,
including one in the US, puts it in a strong position to take advantage of
global fuel cell market growth.

ENDS

Enquiries:

James Cropper plc

Andrew Goody, CFO

Stephen Adams, CEO

Tel: +44 (0)1539 818 202

 

Shore Capital - (Nominated Adviser and Broker)

Daniel Bush, David Coaten, Henry Willcocks, Lucy Bowden

Tel: +44 (0)207 408 4090

 

Buchanan Communications - Financial PR

Chris Lane, Charles Ryland, Jamie Hooper, Verity Parker

jamescropper@buchanancomms.co.uk

Tel: +44 (0) 207 466 5000

 

 

Notes for editors:

 

James Cropper is a market leader in Advanced Materials and Paper Products,
centred around four market audiences: Future Energy, Technical
Fibres, Luxury Packaging and Creative Papers.

 

A purpose-led business, built upon six generations of the Cropper family,
James Cropper has a 500+ international workforce and an operational reach in
over 50 countries.

 

Established in 1845, the Group manufactures creative papers, luxury packaging
and advanced materials incorporating pioneering non-wovens and electrochemical
coatings.

 

James Cropper is a specialist provider of niche solutions tailored to a unique
customer specification, ranging from substrates and components in hydrogen
electrolysis and fuel cells to bespoke colours and textures in paper and
moulded fibre packaging designed to replace single use plastics.

 

The Group operates across multiple markets from luxury retail to renewable
energy. It is renowned globally for service, capability, pioneering and multi
award-winning commitment to the highest standards of sustainability.

 

James Cropper's goal is to be operationally net zero by 2030 and to reduce
carbon through its entire supply chain to net zero by 2050.

 

 

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