Nexam Chemical receives order of SEK 1.1 million from China
Nexam Chemical has received an order of approximately SEK 1.1 million from its Chinese distributor for delivery to a new end customer. The order relates to masterbatch from Nexam Chemicals product portfolio NEXAMITE®. The order will be delivered during the second quarter.
“We are happy to see that our sales are developing well on the Chinese market. Our distributor has received an order from a new customer who is starting up production where our NEXAMITE®-based masterbatch products are included as an important component. We look forward to further develop our businesses on the Chinese market,” says Johan Arvidsson, CEO.
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.
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:
Johan Arvidsson, CEO, +46-708 97 44 39, johan.arvidsson@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 08:40 CET on May 21, 2019.
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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. FNCA Sweden AB can be reached at info@fnca.se or by phone +46-8 528 00 399.
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