New Managing Director Appointment to Catalyse Strategic Growth for TFP

Technical Fibre Products Ltd (TFP), part of the James Cropper group and a leading manufacturer of advanced materials, has today announced the appointment of Andy Walton as Managing Director of both TFP and TFP Hydrogen Products.

Andy has over 30 years of experience in the chemicals, sustainable solutions, and advanced materials sector. He has led multiple global businesses to deliver high performance solutions to OEMs and Tier 1 suppliers within Aerospace, Automotive, Energy and Industrial end markets. Andy, who will assume his post as Managing Director on 29th of July 2024, has a track record of driving significant growth through the positioning of disruptive technologies, P&L management, organisational development, and growth in new business.

Andy joins from Victrex plc, a leader in high performance polymer solutions, where he was most recently Strategic Business Unit Director, Transport. In this role, he successfully led the integration of two separate business units of Aerospace and Automotive into one Transport business achieving significant growth in both revenue and profitability whilst delivering sustainable innovative solutions to the world’s leading automotive and aerospace companies. Prior to this, Andy worked in senior roles for Huntsman plc and Innovia Films Ltd in the UK, Brussels, Belgium and Switzerland.

Andy’s key priorities will be to execute on the Advanced Materials strategic growth plan, including identifying short term growth opportunities and supporting an implementation plan for capturing mid to long-term growth in Hydrogen, Aerospace and Automotive markets.

Steve Adams, CEO of James Cropper PLC, commented: “We are delighted to have Andy joining the Advanced Materials business. His wealth of experience in value creation and integration will strengthen the leadership team and we have no doubt that he is the right person to identify and enact on growth opportunities for James Cropper Advanced Materials. We look forward to working with him to deliver our strategic goals.”

TFP is part of the James Cropper advanced materials group, their nonwoven and electrochemical materials provide solutions across a wide range of markets such as aerospace, defence, automotive and construction, as well as in renewable energy, where there is a strong focus on enabling green technologies, such as fuel cells, green hydrogen generation, wind energy and electric vehicles. In 2021 the company strengthened its offering in the rapidly accelerating Hydrogen sector with the acquisition of TFP Hydrogen Products. TFP Hydrogen produces coated components for PEM water electrolysis which reduce the cost of producing Green Hydrogen, a critical part of the global transition to sustainable energy.