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    HPOL B   SE0007074281

HEXPOL AB (PUBL)

(HPOL B)
  Report
Real-time Estimate Cboe Europe  -  10:53:56 2023-03-28 am EDT
122.80 SEK   +0.99%
03/22NOTICE TO THE ANNUAL GENERAL MEETING OF HEXPOL AB (publ)
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03/22HEXPOL AB Proposes Dividend, Payable on May 8, 2023
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03/20HEXPOL Capital Markets Day 2023
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HEXPOL : Yoloha Brings Eco-Conscious Design to Yoga Mats with HEXPOL TPE Biobased Material

01/11/2022 | 05:58am EDT
Eco-Conscious Yoga Mats made with HEXPOL TPE's Biobased Material

Yoloha is a company that sets out to make things better. In their pursuit of quality yoga mats made from high levels of renewable materials, they chose to work with HEXPOL TPE.

To support Yoloha's sustainability goals, HEXPOL TPE developed a customised material from the Dryflex Green family of biobased thermoplastic elastomers (TPE). The TPE has 55% biobased content. It has a high melt strength and drawability to easily produce foamed materials with a uniform foam structure. Foaming brings lightweight advantages and cushioning in applications such as mats, protective clothing, and seating.

Yoloha founder Chris Willey commented, "I have worked with and tested most foams on the market from Natural rubber, EVA, PU, etc., and I have found TPE foam to be the perfect blend of support, durability and weight. With that in mind, I discovered HEXPOL TPE with their focus on sustainability. We quickly developed a great relationship and worked together to develop a customised material".

The Dryflex Green family of biobased TPEs contain raw materials from renewable resources, including by-products from agriculture rich in carbohydrates, especially saccharides such as grain, sugar beet or sugar cane. TPEs are available with amounts of biobased content to over 90% (ASTM D 6866) with hardnesses from 15 Shore A to 60 Shore D.

Kathrin Heilmann, technical sales for sustainable TPE at HEXPOL TPE GmbH added, "We're proud to work with Yoloha on this project. We aimed to achieve a high biobased content while keeping mechanical performance and processability. The material shows a good foamability for mats and other extruded products."

ENDS
Malmö, Sweden

Disclaimer

Hexpol AB published this content on 10 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 10:57:06 UTC.


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Financials
Sales 2022 22 481 M 2 163 M 2 163 M
Net income 2022 2 454 M 236 M 236 M
Net Debt 2022 3 474 M 334 M 334 M
P/E ratio 2022 17,1x
Yield 2022 3,24%
Capitalization 41 884 M 4 029 M 4 029 M
EV / Sales 2022 2,02x
EV / Sales 2023 1,94x
Nbr of Employees 5 084
Free-Float 74,7%
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Number of Analysts 5
Last Close Price 121,60 SEK
Average target price 123,40 SEK
Spread / Average Target 1,48%
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Carl Georg Brunstam President & Chief Executive Officer
Peter Karl RosÚn Chief Financial Officer, Deputy CEO & Manager-IR
Alf G÷ran G÷ransson Chairman
Carsten RŘter President-Global Purchasing & Technology
Eva Christina Malin Persson Independent Director
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