Nexam St. Andrews takes in external manufacturing order

Nexam St. Andrews has undertaken an initial external manufacturing order, equivalent to just over SEK 900 000, for the production of pharmaceutical intermediates for a global company.

The products to be produced are substances for the manufacture of pharmaceutical products. The order value is equivalent to just over SEK 900 000 and deliveries are scheduled to take place in the coming months. Production will take place in parallel with other activities, and will not affect Nexam’s production of crosslinkers. The intention is that this first order will be followed by further volumes.

"The production unit in Scotland shall primarily be used for scaling-up or producing special grades of Nexam’s unique crosslinkers. In order to utilize existing production capacity and further develop our knowledge about organic synthesis, we will offer contract manufacturing services to a limited number of external partners. We believe that the order we now have accepted, may be the starting point for a long term relationship that benefits both Nexam as well as our external partner" , says Richard Tooby, Managing Director of Nexam St. Andrews.

Nexam St. Andrews Ltd is Nexam’s pilot and scale-up plant, specialized in production of small-medium sized amounts of specialty chemicals, and is owned to 100 % by Nexam Chemical AB. Nexam St. Andrews currently has 5 permanent employees and 4 project employees.

More information about Nexam St. Andrews can be found at http://www.nexam.se/Contact/Nexam-St-Andrews/.

For further 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, produces and markets its unique heat-activated crosslinkers to the global plastics ¬market. A company description and more information about the business can be found on www.nexam.se. The company’s Certified Adviser is Remium Nordic AB.

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.

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he production unit in Scotland shall primarily be used for scaling-up or producing special grades of Nexam’s unique crosslinkers. In order to utilize existing production capacity and further develop our knowledge about organic synthesis, we will offer contract manufacturing services to a limited number of external partners. We believe that the order we now have accepted, may be the starting point for a long term relationship that benefits both Nexam as well as our external partner
Richard Tooby, Managing Director of Nexam St. Andrews