Nexam Chemical secures first full scale production order from key global customer
Nexam Chemical, a leader in innovative additives that enhance the properties and performance of polymers, today announces a first full scale production order from a global manufacturer of "Structural composites".
This order follows close to two years of intensive research and development, resulting in the first large-scale production order. The collaboration marks a substantial step forward with a leading global customer that has substantial business in the structural composites field.
Ronnie Törnqvist, CEO of Nexam Chemical, commented: "Over one and a half years of intensive development with a high-profiled global customer producing novel structural composites, but insisting on confidentiality, has resulted in the first serial deliveries of customer-specific additives. The collaboration is expected to continue over many years to come, and there is great potential to broaden the partnership in the future. The business potential could make this one of Nexam’s largest customers within the next two years. The partnership reflects Nexam Chemical's significant R&D investment in developing solutions tailored to the customer’s specific requirements”.
Dane Momcilovic, Business Manager at Nexam Chemical, added: "We are thrilled to see this substantial increase in orders from such a well renowned customer. Our bespoke additives for various applications within structural composite solutions continue to demonstrate their value in high-demand industries, such as aerospace, automotive, and wind energy. This growth further solidifies Nexam Chemical's position as a leading supplier of advanced materials designed to enhance performance and sustainability”.
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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