Reactive Recycling® recieves first commercial order
Probably the greatest future potential for Nexam Chemical lies in contributing to improved opportunities to use recycled plastic in more and more applications. This is a gigantic and global challenge where most solutions are still missing. Nexam Chemical has a clearly stated ambition to develop products that can be used as tools to improve the properties of plastics in recycling processes. At the beginning of the year, the Reactive Recycling® concept was launched.
We have now received our first commercial order from a customer in the UK who uses a recycled plastic stream. Gradually, this builds more and more evidence that the concept works and that it can be a growing business for a long time. The greatest value in this order is that this confirms our concept. However, the transaction corresponds to a value of approximately SEK 2 million per year.
“There is a big difference between recyclable plastic and plastic that is recycled. In principle, all plastic is recyclable, but not much is recycled. We have just launched our product portfolio for plastic recycling. It is very gratifying to already see early indications that this really works and can become a global and growing business, ”says Johan Arvidsson, CEO of 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.
Tags: