With a ‘flexible’ business that can adapt quickly to demand, Zotefoams (ZTF) sees a positive outlook for the rest of 2021. With its most significant contract, to supply foam for Nike trainers, the company also has contracts to supply foam for Mercedes car seats and interior protection for vehicles in NASA’s space programme.
In the past year ZTF has also received contracts to provide the protection for vials to transport Covid-19 vaccines around the world as well as PPE (personal protection equipment) for the NHS (National Health Service). IGTV’s Jeremy Naylor speaks to Zotefoam’s CEO David Sinclair about where the business will be in nine months and the likely impact it will have on the company’s valuation.