Nexam Chemical receives order amounting to SEK 5.3 million within the high performance segment
10/26/2017
Nexam Chemical has received an order from Maverick with a value amounting to approximately SEK 5.3 million for NEXIMID®. The order will delivered according to call-off from the customer during 2018.
NEXMID® can be used to manufacture polyimide resin, which is an essential component in temperature resistant composites. Composites containing NEXIMID® is used in environments where extensive material stress and high temperature put extreme requirements on the material. The application area is mainly within advanced aircraft, space and other areas where the performance requirements on the materials are the highest.
“The order from Maverick is a confirmation that our solution add high value and that we have a strong offer within the high performance area. We are happy to see an increase in the order volume, which is promising for the future and we continuously work with the customer to provide new solutions that can generate additional value to their growing business”, says Anders Spetz, CEO.
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
This information is information that Nexam Chemical Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:15 CET on October 26, 2017.
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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 http://www.nexamchemical.com. The company´s Certified Adviser is FNCA Sweden AB.