ZOTEFOAMS PLC (LON:ZTF)

Founded in 1921, Zotefoams Plc is a UK-based cellular material technology company engaged in production of lightweight crosslinked polyolefin block forms (AZOTE) and sells and licenses microcellular materials technology (MuCell) and high-performance products (ZOTEK and T-Fit). The company aims to use unique technology to manufacture differentiated products to deliver high value to its stakeholders. Its form manufacturing sites are located in Bezeg, Poland, Croydon, UK and Kentucky, US, a MuCell Extrusion site in  Massachusetts, US, a form manufacturing and conversion site in Oklahoma, US and a T-Fit site in Jiangsu Province, China. Further, the company has established a sales office for T-Fit in India in 2019 and also operates a sales joint venture for AZOTE foams in Hong Kong.  The company offers its products across an extensive range of market that includes Air conditioning & Duting, Aviation, Composites, Automotive, Biotechnology, Building & Construction, Creativity, Electronics, Conservation, Healthcare & Cosmetics, Food & Beverage, Marine, Personal Protection, Mass Transit, Product Protection, Semiconductor, Pharmaceutical and sports & Leisure. The company’s shares are traded on the London Stock Exchange as LON: ZTF.

The company offers products that include AZOTE, ZOTEK, T-Fit and MuCell. AZOTE is created by the nitrogen expansion autoclave technology with exceptional cell size, high purity, low odour and outstanding physical property. Its products brands include Plastazote, Supazote and Evazote. Plastazote is closed cell cross-linked polyethylene foam; Supazote is super soft, cross-linked, closed cell ethylene copolymer foam and Evazote is closed cell cross-linked ethylene copolymer foam. ZOTEK are produced using Zotefoams’ unique high-pressure nitrogen-expansion process and is a high-performance forms produced from engineering polymers, fluoropolymers and specialty elastomers. Its product range includes ZOTEK N polyamide foam, ZOTEK F fluoropolymer foam and ZOTEK T thermoplastic elastomers.

T-Fit is an insulation systems used for aseptic areas, insulating high-temperature processing environments and cleanroom insulation and it is manufactured from fine, high-quality, closed cell foams. Its products are the only foam insulation currently compliant with the demanding FM approvals 4910 standard for cleanroom management. The MuCell Technology is developed by MuCell Extrusion LLC, which a wholly owned subsidiary of the company. It is a microcellular foaming process that decreases the material content of extruded plastic parts and packaging by 15-20%. Its technology has application to LLDPE, PS, PA, PET, PVC, TPE, DPE, HDPE, PP, PVDF and PLA processing. Other materials are under development.