Nexam Chemical appoints Christer Svanberg as new Chief Technology Officer

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- Will run and develop the company's innovation centre

Nexam Chemical has recruited Christer Svanberg as the new Chief Technology Officer. Christer Svanberg comes most recently from Borealis in the role of Head of Competence Centre Energy and head of the Borealis Innovation Centre in Stenungsund and has solid experience from both research and application development. He takes up the position during the month of November.

During his years at Borealis, Christer Svanberg has held a number of leading positions in research and application development. In addition, Christer Svanberg has worked in academia. He has a doctorate in materials science and worked as an assistant professor at Chalmers University of Technology.

"We have proven time after time that we can develop differentiated technology and have always had a strong development organization. With this recruitment, we will further strengthen the R&D function. Christer Svanberg will also be able to contribute with lots of experience and strong leadership for the development operations”, says Johan Arvidsson CEO at Nexam Chemical and continues:

"Christer Svanberg's first task will be to complete and get our own innovation centre up and running. The plastics industry is facing a major change in the form of recycling becoming increasingly important. Christer Svanberg will lead us technically in this change. We welcome Christer Svanberg to the Nexam family"

"After many years in academia and large companies, I look forward with eager curiosity to continue working with development in a successful innovation company. Nexam Chemical is a company that can have very short development cycles. It is very exciting to be able to see results from development efforts quickly and to participate actively in the commercialization work.” says Christer Svanberg.

Christer Svanberg will replace current CTO Francesco Pisciotti, who chose to continue his career outside Nexam Chemical.

For more information, please contact:

Johan Arvidsson, CEO, +46-708 97 44 39, johan.arvidsson@nexamchemical.com

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. FNCA Sweden AB can be reached at info@fnca.se or by phone +46-8 528 00 399.

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