REG - Zotefoams PLC - Zotefoams programme extension at Nike

ZotefoamsAnnouncement

31/10/2023 07:00

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RNS Number : 7742R  Zotefoams PLC  31 October 2023

Zotefoams plc

("Zotefoams")

 

Zotefoams programme extension at Nike

 

31 October 2023 - Zotefoams, a world leader in cellular materials
technology, is pleased to announce that it is now supplying high-performance
foams for the recently launched Nike Ultrafly, the company's pinnacle trail
racing shoe.

The partnership between Zotefoams and Nike originally focused on distance road
running shoes as well as track spikes, and later extended into trail running
footwear with the Nike Zegama, launched in 2022.

David Stirling, Group CEO at Zotefoams, commented, "We are delighted by this
expanded partnership with Nike, which demonstrates the confidence the company
has in the performance benefits of our materials in other footwear
applications."

 

Zotefoams operates under an exclusive supply agreement with Nike for footwear
product cushioning.

 

 

 

- 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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