Genre Manufacturer Headquarters United Kingdom Founded 1940 | Fate Operating Revenue 54.44 million GBP Areas served United Kingdom, Usa | |
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Type PLC Publilc limited company Industry Polyolefin foam manufacture Predecessors Bakelite Xylonite Ltd, BP Chemicals Area served UK, USA, Japan, Europe, Asia (principal market) Stock price ZTF (LON) 308.50 GBX +6.50 (+2.15%)31 Mar, 4:35 PM GMT+1 - Disclaimer Subsidiaries Zotefoams Inc., KunShan ZOTEK King Lai Co. Ltd., MuCell Extrusion, LLC, Zotefoams International Ltd Profiles | ||
Zotefoams Plc manufactures a range of closed cell cross-linked polyolefin foams for global use in sports, construction, marine, automation, medical equipment and aerospace. The headquarters are based in Croydon London with a USA subsidiary in Kentucky. Steve Good is the current Chairman, David Stirling is Managing Director, and Gary McGrath is Finance Director.
The company was spun off from BP Chemicals in 1992. It began in the 1940s producing block foam.
The company makes the majority of its sales from exports overseas with a number of registered trademarks.
A fire in early 2001 at the factory damaged 70% of Zotefoams' stock and disrupted some deliveries to customers. At this time the company also exited the toy market. In 2001 Zotefoams entered into a worldwide sales and marketing alliance for polyolefin foams with the Sekisui Chemical Company Ltd ('Sekisui'), which acts as agent and distributor for Zotefoams in continental Europe, Asia and some customers in North America.
As of December 2014, of the 305 employees 48 were women.
2015 results
Interim results show:
These compare with 2013 interim figures (from their 2013 Interim report) of: