Zotefoams PLC Top industry award for ReZorce(R) beverage cartons
27 Novembro 2023 - 4:00AM
RNS Non-Regulatory
TIDMZTF
Zotefoams PLC
27 November 2023
Zotefoams plc
("Zotefoams" or "Group")
Top industry award for ReZorce(R) beverage cartons
27 November 2023 - Zotefoams, a world leader in cellular
materials technology, is pleased to announce that ReZorce(R)
mono-material barrier packaging has been named Best Recycled
Plastic Product of the Year at the 2023 Plastics Industry
Awards.
Announcing their decision at the Awards ceremony, the judges
said: "This groundbreaking plastic material looks set to replace
the very commonly used but difficult to recycle multi-layer barrier
packaging board and presents a real opportunity for the industry to
solve a long-term environmental problem with a mono-material
alternative that is readily recyclable."
Currently the subject of a Joint Development Agreement with a
major global player in beverage packaging, ReZorce offers
advantages over traditional ("composite") beverage cartons
delivering a lower carbon footprint, recyclability via standard
recycling streams and is designed for the circular economy,
initially by using 30% post-consumer recycled materials. Crucially,
ReZorce can be processed on existing packing and filling equipment
and therefore requires only minor capital investment by the
retailer or packaging company wishing to adopt this disruptive
technology.
David Stirling, Zotefoams Group CEO, comments, "It is
particularly pleasing for the team developing ReZorce to be
recognised with this award ahead of commercial trials early in
2024. At Zotefoams, our purpose is to deliver optimal material
solutions for the benefit of society, reflected in the judging
panel's recognition that ReZorce has the potential to solve a
long-term environmental problem.
"We continue to make good progress against the milestones set
out in the Joint Development Agreement, buoyed by clear market
demand for a sustainable alternative material for beverage
cartons."
-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(R) polyolefin and ZOTEK(R) high-performance
foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses
its own cellular materials to manufacture T-FIT(R) 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(R)
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
AZOTE(R) , ZOTEK(R) , ReZorce(R) and T-FIT(R) are registered
trademarks of Zotefoams plc.
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END
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November 27, 2023 02:00 ET (07:00 GMT)
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