Nexam Chemical’s Reactive Recycling technology moves into recurring monthly orders
Nexam Chemical’s innovative Reactive Recycling additives, designed to enhance the performance and cost-effectiveness of recycled plastics, have now progressed beyond industrial trials to full-scale commercial implementation. A key customer has now validated the business case by rapidly transitioning to recurring monthly orders, confirming the technology’s ability to deliver substantial value.
This specific customer leverages Nexam’s unique additives to incorporate a larger share of lower-grade recycled raw materials into their production process, achieving a significant reduction in raw material costs. For this specific customer, using Nexam Chemical's additives has generated double digit cost savings and significant process improvements. Depending on the customer's existing raw material mix, cost savings of 25% are not uncommon when implementing Reactive Recycling technology.
Ongoing orders from this customer, focused on one specific application, are projected to generate annual revenues of approximately 4 MSEK. This milestone underscores the commercial viability of Nexam’s Reactive Recycling technology and its growing contribution to sustainable plastic recycling practices.
“This step marks a significant achievement for both our customer and Nexam Chemical,” says Ronnie Törnqvist, CEO of Nexam Chemical. “It’s a testament to the power of our technology to improve both sustainability and profitability for manufacturers. We are proud to be driving the transformation towards more efficient and financially viable use of recycled plastics at an industrial scale.”
Nexam Chemical continues to innovate within the field of Reactive Recycling, collaborating with industry leaders to push the boundaries of what is possible in plastic recycling.
Note: This news 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:
Ronnie Törnqvist, VD, +46-706 25 41 85, ronnie.tornqvist@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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