Zotefoams bolsters US factory capability for new packaging product
Source - SMW
Materials group Zotefoams said it had launched new recyclable barrier packaging technology.
A full launch would occur at the K Trade Fair in Dusseldorf running between 16 and 23 October.
Barrier packaging was widely used for foodstuffs and beverages to prevent the ingress of moisture and oxygen.
Zotefoams said it had committed more than $1m to install a pilot line near its MuCell Extrusion laboratories in Massachusetts to accelerate commercial-scale product development by licensees.
The facility would be available from early 2020 and bookings for trials would begin from later this month.
At 8:14am: (LON:ZTF) Zotefoams PLC share price was +4p at 341.5p