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2016-11-01

Nexam Chemical: Nexam Chemical sign supply agreement with Diab

Nexam Chemical has signed a supply agreement with the Swedish
composite company Diab regarding NEXAMITE®-technology for the
production of PET-foam. Deliveries in the form of highly concentrated
masterbatch is expected to start during the first half of 2017. Diab
is one of the four largest manufacturers of high performance foam in
the world.

"It is very gratifying that our NEXAMITE®-technology is an important
contributor to a new and improved product for our customer. We have
shown that NEXAMITE® provides major improvements in the properties of
PET-foam. The growing market for environmentally friendly products
based on PET is an important application area for Nexam Chemical. We
look forward to the continued and enhanced cooperation with Diab",
says Nexam Chemicals CEO, Anders Spetz.

In December 2015, Nexam Chemical announced that a collaboration
agreement had been signed with Diab regarding development of a unique
high performance PET-foam containing Nexam Chemicals
NEXAMITE®-technology. The ambition was that the collaboration would
lead to the supply agreement now signed. The outcome of the joint
development is a product based on NEXAMITE®, "packaged" in a
masterbatch, which will be delivered to Diab. Delivering in the form
of masterbatch simplifies the mixing process and ensures a homogenous
product quality when NEXAMITE® is added in Diabs production
equipment.

"We are very satisfied within Diab with our joint development together
with Nexam Chemical. It has delivered such positive results in our
high performance foam, that we are ready to take the next step in the
form of a commercial product and this supply agreement. As a leading
producer of high performance foam, we see an opportunity to create a
whole new generation of foam where we can use Nexam Chemicals
technology", says Diab CEO, Lennart Hagelqvist.

Diab is a global leader in the development, manufacture and sale of
core material to various types of composite structures - including
wind turbine blades, in the manufacture of boats, planes, trains,
buses and in building construction. Diab material is characterized by
a unique combination of low weight and high strength, insulation
properties and chemical resistance. By reducing the weight of the
finished product and no need for maintenance, Diab materials
contribute to reduce energy consumption and environmental impact
throughout the complete product life cycle.

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 08:45 CET on November 1, 2016.

____________________________________________________________________________

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
(http://file:///\\TELLUS\styrelsen\A.%20Pressmeddelanden%20och%20nyheter\Pressmeddelanden\Eng\www.nexamchemical.com).
The company's Certified Adviser is FNCA Sweden AB.

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http://news.cision.com/nexam-chemical/r/nexam-chemical-sign-supply-agree...
http://mb.cision.com/Main/6364/2112963/583323.pdf

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