Large order for Svenska Aerogel Holding AB - US distributor orders just over 2 tons Quartzene

Svenska Aerogel receives a larger order from Van Horn Metz&Co in the USA, one of the company's distributors. The order is for just over 2 tonnes of Quartzene to a value of USD 70,000.

Since 2017, Svenska Aerogel has collaborated with Van Horn, Metz & Co, marketing specialty chemicals to the manufacturing industry on the east coast of the United States and Canada since the 1950s. They have introduced Quartzene into their network with a sales organization trained in Quartzene and its various applications. Svenska Aerogel has today received an order for just over 2 tonnes of Quartzene corresponding to a value of USD 70,000 for delivery later this year.

CEO Tor Einar Norbakk comments:

- We are happy to see this progression for Van Horn Metz in the US. This is the largest order from them and is the result of a long-term collaboration.

- It also proves that we have a strategy that works using distributors as our extended arm to customers. They bring the technology to market offering the customer what they need.

For further information please contact:  Tor Einar Norbakk, CEO Svenska Aerogel +46 (0)70-616 0867, mailto:toreinar.norbakk@aerogel.se

Svenska Aerogel manufactures and commercializes the nanoporous material Quartzene® for various industrial applications. Svenska Aerogel's business concept is to meet market needs for new materials focusing on sustainability. Quartzene is optimized to add desired properties in various applications. The company's vision is to be the most valued business partner providing new material solutions for a sustainable world. Svenska Aerogel Holding AB, Nasdaq First North Growth Market.  Certified Adviser is FNCA  info@fnca.se, +46 8-528 003 99. This information is translated from a pressrelease published in Swedish by Svenska Aerogel on March 31, 2021, 09:40 CET.