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Nexam Chemical receives order from one of the world´s largest pipe manufacturers

2015-11-09

Nexam Chemical has received an order of approximately SEK 1.5 million from one of the world´s largest pipe manufacturers. Delivery is expected in January 2016. The order relates to compound, partly with NEXIMITE® in low dosage, however, essential for the customers products. The compound is produced by one of Nexam Chemical´s partners.

"The order is yet another confirmation that our products work within the large market for polyethylene pipes. Our product can provide enhancements and process improvements that create substantial value for the customer. With our product, the customer has passed several important toll gates in their development process with positive results. With this order they are ready to go commercial. This success strengthens us to move forward in developing this very interesting pipe market”, 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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