Nexam Chemical receives another order amounting to SEK 3 million from one of the world´s largest pipe manufacturers

The order relates to compound, with NEXAMITE® in low dosage. Nexam Chemical has previously delivered product with NEXAMITE® to the current customer. NEXAMITE® has proven to be essential for the customer´s end-products. The compound is produced by one of Nexam Chemical´s partners. Delivery is expected in June, 2016.

"We are pleased to receive yet another order from our existing customer. It confirms that we have the technology, product quality and meet the criteria’s required to deliver to large international companies with high demands. Our new technology is the reason behind the current order, won in competition with the traditional technology supplied by several major global actors. This is, so far, the largest order received by Nexam Chemical and it clearly indicates that we are going to establish ourselves in one of the current customer’s production plants. We look forward to intensifying our active cooperation with this customer in order to receive additional orders in the near future. We now aim to gradually increase the number of production plants and customers who order commercial volumes within the focus area pipes”, says Nexam Chemicals CEO Anders Spetz.

Note: This press release has been translated from Swedish. The Swedish text shall govern for all purposes and prevail in case of any discrepancy with the English version.

For further information please contact:

Anders Spetz, CEO, +46-703 47 97 00, anders.spetz@nexamchemical.com

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About Nexam Chemical

Nexam Chemical develops technology and products that make it possible to significantly improve the production process and properties of most types of plastics in a cost-effective manner and with retained production technology. The improved properties include strength, toughness, temperature and chemical resistance as well as service life. The improvements in properties that can be achieved by using Nexam Chemical's technology make it possible to replace metals and other heavier or more expensive materials with plastics in a number of applications. In applications where plastic is already used, Nexam Chemicals products can improve the manufacturing process, reducing material use and enable more environmental friendly alternatives. Example of commercial applications: pipe manufacturing, foam production and high-performance plastics. More information about the business will be found on www.nexamchemical.com . The company´s Certified Adviser is Remium Nordic AB.

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This is, so far, the largest order received by Nexam Chemical and it clearly indicates that we are going to establish ourselves in one of the current customer’s production plants.
Anders Spetz, CEO