Press release: First commercial application in Electronics confirmed
Nexam Chemical has been informed by Sumitomo of Japan, one of the world’s largest chemical/material companies, that they now have commercialized the first application containing Nexam’s crosslinkers.
The application is polyimide films for coating of high-performance computer chips. Scale-up is now successfully completed and commercialization is made.
The order value for Nexam during the first twelve months is estimated to approximately SEK 300,000 and the expectation is that this will increase with time. Sumitomo also informed that they are developing more applications containing Nexam’s products.
"Although this application has a limited economic value, it is a milestone for Nexam as it is our first commercial application within Electronics", says Nexam's CEO Per Palmqvist Morin.
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.