Zotefoams and DIAB in Agreement

09 July 2004

Zotefoams and DIAB are to sign a co-operation agreement for the development and sales of foams for structural sandwich cores.

Together the partners aim to develop new structural sandwich cores which fulfil existing and growing market demands. <P.Commenting, David Stirling, Managing Director of Zotefoams plc said that “we are delighted to be working with DIAB. A successful outcome from our joint development program will open up new markets and applications with vast potential for Zotefoams. The market knowledge and expertise of DIAB in structural sandwich cores makes them an ideal partner and we believe their know-how will complement the development and sale of a new generation of products using Zotefoams technology.”

Anders Paulsson, President and CEO of DIAB International AB said that “the flexible technology utilised by Zotefoams enables foams to be produced from polymers that cannot be processed using other methods. We have targeted our initial joint development on high-performance materials which will be complementary to our existing product range. It will allow us to offer our customers a unique solution to their most demanding needs. DIAB is already a world leader in these markets and our agreement with Zotefoams demonstrates our commitment to continuously advance our products for the benefit of our customers.”

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