On 26 February 2018, we published our second sustainability report: Sustainability through Technological Advances. Sustainability is a key differentiator for Recticel in that it underpins everything we do. It has been embedded in our Group Strategy since 2015 and our approach was laid out in our first sustainability report in 2016. Two years later, our efforts have been rewarded with clear evidence that the approach and priorities defined then have delivered tangible progress for us, our stakeholders and our planet.
Congratulations to SpaceX on the successful launch of Falcon Heavy! Recticel and its subsidiary Soundcoat in the US are proud to have played a role in this historic event. SpaceX is not just an important client but also a huge source of inspiration for us. Here are just some of the lessons we have learned from working in partnership with this visionary company.
We attended Foam Expo North America from 6 - 8 March 2018, where we presented our various solutions for the world of transport, industrial equipment and consumer goods.
From 15 to 21 January 2018, we showcased our newest Schlaraffia products at the International Furniture Fair (IMM) in Cologne (Germany). After an intensive period of product development, we were proud to give an insight into the new generation of GELTEX® products, which soon will be launched. Also, our new Boxspring collection, pillows, duvets and dog beds were presented under the name ‘Schlaraffia Home Collection’.
Disclosure in accordance with the provisions of the Act of 2 May 2007
Recticel announces that on 30 November 2017 its share capital has been increased following the exercise of (i) 20.286 warrants of the warrant plan issued on 22 December 2011 and (ii) 50.189 warrants of the warrant plan issued on 20 December 2012. This resulted in the issuance of 70.475 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 04 December 2017.
This results in the following overview:
Disclosure in accordance with the provisions of the Act of 2 May 2007
Recticel announces that on 31 October 2017 its share capital has been increased following the exercise of (i) 22.673 warrants of the warrant plan issued on 22 December 2011 and (ii) 56.732 warrants of the warrant plan issued on 20 December 2012. This resulted in the issuance of 79.405 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 03 November 2017.
This results in the following overview:
On 10 October 2017, Recticel announced that on 5 October 2017 it received a notification from BASF stating that between 25 August 2017 and 29 September 2017, polluted toluene diisocyanate (“TDI”) – more particularly Lupranate T80 A - has been supplied by the BASF plant in Ludwigshafen (Germany) to five Recticel sites, producing flexible polyurethane foams for the industry. BASF is one of the major suppliers of TDI and other BASF customers have been confronted with the same issue and have received similar notifications.