Nexam Chemical’s patent application regarding its crosslinking technology for aromatic polyetherketones is approved in Europe.
Nexam Chemical has today received a notice of allowance from the European Patent Office (EPO) that the company’s European patent application regarding its crosslinking technology for aromatic polyetherketones (PAEK) will be granted.
Nexam Chemical has developed several special crosslinkers for PAEK. The largest plastic within the group PAEK is PEEK.
PAEK is a plastic with excellent mechanical properties and chemical resistance, even at very high temperatures. With Nexam Chemical’s crosslinking technology, the processability of the plastic improves and properties such as heat and chemical resistance increases.
The PAEK market amounts to about 4,000 tons and is growing annually by 10-15%. The main application areas are within automotive / transportation, electrical & electronics, industrial machinery, aerospace and oil & gas.
“The granted patent gives us future protection for Nexam Chemical’s technology and products in this area. We are talking about a market for very high performance plastics with high prices. Nexam Chemical is currently working in projects with several leading producers of these plastics.”, says Dane Momcilovic, R&D Director.
Nexam Chemical currently has, in addition to already approved patents, 40 patent applications within 12 patent families.
For more information on Nexam Chemical’s technology, please go to http://www.nexamchemical.com/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 Chemical 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.nexamchemical.com. The company’s Certified Adviser is Remium Nordic AB.