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Nexam Chemical receives its first industrial order regarding NEXIMID® for the electronics industry

2015-10-08

Nexam Chemical has received the first order of industrial scale regarding NEXIMID® for the electronics industry. The customer has started commercialization of its product, in which NEXIMID® is a key component, to their end customer in the electronics industry. Based on a forecast from our customer, the order value for 2016 are estimated to approximately SEK 1.5 million.

"We now see the result from the strategy, with three focus areas: polyethylene pipes, polyester foam and high-performance application, that we implemented early this year. NEXIMID® have proven to be a critical part for our customer when succeeding in delivering their product according to the end customer´s specification and requirements. We are confident that our NEXIMID® range of products can create similar value to more customers. Developments in the high performance area has been going on for a long time at many companies. Therefore, we expect more orders to come”, says Nexam Chemicals CEO Anders Spetz.

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 further information please contact:

Anders Spetz, CEO, +46-703 47 97 00, anders.spetz@nexamchemical.com

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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 Remium Nordic AB.

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