REG - Zotefoams PLC - Strategic Partnership with Nike <Origin Href="QuoteRef">ZTF.L</Origin>

ZotefoamsAnnouncement

13/12/2017 07:01

RNS Number : 1582Z
Zotefoams PLC
13 December 2017
ZOTEFOAMS ANNOUNCES STRATEGIC PARTNERSHIP WITH NIKE
13 December, 2017 - Zotefoams today announces that it has entered into a strategic partnership with Nike to develop footwear technology and supply materials for the global footwear, apparel and equipment company.
Zotefoams, a leader in cellular material technology, will supply high-performance foam materials exclusively to Nike, within the footwear industry. The foams, which are designed for footwear, can be formulated to specific customer needs and are superior in performance, consistency, quality and purity to foams produced by other methods. 
Through the partnership, Zotefoams will work exclusively with Nike to develop and manufacture foam innovations to bring to market high-performance athletic product. 
Enquiries: Zotefoams plc 
+44 (0) 208 664 1600 
David Stirling, Group CEO 
Gary McGrath, Group CFO 
IFC Advisory 
+44 (0) 203 053 8671 
Graham Herring 
Miles Nolan 
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology. Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces and sells lightweight AZOTE polyolefin and ZOTEK high-performance foams for 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). 
www.zotefoams.com
AZOTE, ZOTEK, T-FIT are registered trademarks of Zotefoams plc 
MuCell is a registered trademark of Trexel Inc.

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