Nexam Chemical receives order from new customer within focus area PET-foam

Nexam Chemical has received a first order from one of the leaders within high performance PET-foam. The order value amounts to approximately SEK 400 thousand and will be delivered during the fourth quarter.

Nexam Chemical develops and manufacture property enhancing additives under the brand NEXAMITE®. NEXAMITE® is delivered in a pre-blended mix, a so-called masterbatch. Through masterbatch NEXAMITE® can be added to customers’ existing production equipment, which simplifies the production process and ensures a high and stable product quality. This is the third leading company within PET-foam manufacturing that Nexam Chemical deliver masterbatch to.

“It is very pleasing to see that our determined work now start to become fruitful. The customer has tested our products for some time and we have now been trusted in delivering the first volume going directly into their production of high performance PET-foam. We look forward to further deepen our cooperation for increased volumes in the future,” says Anders Spetz, CEO at Nexam Chemical.

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

This information is information that Nexam Chemical Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15:30 CET on November 15, 2017.

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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 FNCA Sweden AB.

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