RCS - Zotefoams PLC - Zotefoams joins independent authority, RECOUP

ZotefoamsAnnouncement

14/02/2024 07:00

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RNS Number : 8810C  Zotefoams PLC  14 February 2024

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
 Graham Herring

 Tim Metcalfe

 Zach Cohen

 

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 (http://www.zotefoams.com)

AZOTE(®), ZOTEK(®), ReZorce(®) and T-FIT(®) are registered trademarks of
Zotefoams plc.

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