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2016-11-24

Nexam Chemical: rPET-project successfully completed

The rPET-project, which has been ongoing for 2 years together with two
European partners, is now completed and the final report has been
approved by Vinnova. The aim was to upgrade recycled PET (rPET)
through heat activated crosslinking for light weight applications.
The collaboration was successful and the project objectives were met.

The main product in the project, foam based on rPET, has been
significantly improved with respect to the mechanical properties.
These results create new opportunities for material and cost savings
for existing applications where similar performance can be achieved
with less material. Furthermore, the competiveness of rPET foam for
other applications, where today more expensive materials are used, is
increased.

The crosslinking technology has also successfully been evaluated for
other applications. This opens up for new business opportunities for
Nexam Chemical.

For more information about the project visit www.vinnova.se
(http://www.vinnova.se/sv/Resultat/Projekt/Effekta/2009-02150/Eurostarspr...)
(only in Swedish). Nexam Chemical has received half of the project
cost as contribution from Vinnova. Total contribution received during
the project amounts to approximately SEK 2.9 million.

"The rPET-project was successful and all participants are satisfied
with the outcome. We have been able to develop a product which is
already far into commercialization. The collaboration was very
stimulating and we have gained much new knowledge on materials,
manufacturing and market", says Dane Momcilovic, CTO.

Note: This news 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

____________________________________________________________________________

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/rpet-project-successfully-comple...
http://mb.cision.com/Main/6364/2130138/594789.pdf

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