Nexam’s patent application relating to the company’s crosslinking technology in polycarbonates approved in Europe

Nexam has received a notice of allowance from European Patent Office (EPO) stating that it intends to grant Nexam’s European patent application the company’s crosslinking technology in polycarbonates.

"The granted patent gives us future protection for Nexam’s technology and products in polycarbonates and in a number of polymer alloys where polycarbonates are included. We are talking about a very large plastic market, although we are not currently actively working in any customer projects. This patent is part of our patent strategy to secure the protection in as large a number of plastics as possible. In the future, we intend to initiate a number of customer projects in the area or alternatively license it out", says Per Palmqvist Morin, CEO.

Polycarbonates are one of the most common engineering plastics, with an annual output of about 4 million tonnes. There are many usage areas for polycarbonates. Applications areas include e.g. components for a variety of consumer products (such as home appliances, sports and leisure goods and consumer electronics), building & construction, transportation, automotive and electrical industries.

With Nexam’s technology to crosslink polycarbonates processability of plastics can improve, while properties such as heat and chemical resistance increases. This means that after modification with Nexam’s products, polycarbonates can be used to replace metals and more expensive plastics in a variety of products and components.

Nexam currently has 28 patent applications within 10 patent families.

For more information on Nexam’s technology, please go to http://www.nexam.se/Technology/ .

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 more information, please contact:

Lennart Holm, Chairman of the Board: +46 (0)706 30 8562
Per Palmqvist Morin, CEO, +46 (0)706 55 55 82

Nexam is a Swedish company with a world-leading technology within its area for heat-activated crosslinking of plastics and polymers. The company develops, manufactures and markets unique heat-activated crosslinkers to the plastics ­market. A company description and more information about the business will be found on www.nexam.se .

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Quotes

The granted patent gives us future protection for Nexam’s technology and products in polycarbonates and in a number of polymer alloys where polycarbonates are included. We are talking about a very large plastic market, although we are not currently actively working in any customer projects. This patent is part of our patent strategy to secure the protection in as large a number of plastics as possible. In the future, we intend to initiate a number of customer projects in the area or alternatively license it out.
Per Palmqvist Morin, CEO Nexam