Nexam Chemical to construct innovation center in Lomma, Sweden, expecting completion in fall of 2022; facility will produce additives serving plastic manufacturers worldwide

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March 31, 2022 (press release) –

Nasdaq First North-listed Nexam Chemical, is building a brand new innovation center to remain at the forefront of additives to enable environmentally friendly plastics with the best functionality. The innovation center in Lomma, Skåne, is expected to be completed in the autumn of 2022 and will serve plastic manufacturers all over the world.

By being one of the world's best manufacturers of additives that improve the properties of plastics, Nexam Chemical has been able to show very good growth for several years. The focus is on both sustainability and function. The new facility will ensure that Nexam Chemical can continue to develop additives that remain at the forefront and improve customer sustainability.

"With our own innovation center, we become more efficient and faster in developing tailor-made solutions for customers. The goal is to be able to streamline and shorten the time for customer projects and thereby lower the thresholds and shorten the sales time, "says Johan Arvidsson, CEO of Nexam Chemicals, and continues:

"If we continue to be at the forefront of our offering, we will also be able to accelerate our growth journey together with our customers. Here, our innovation center will be crucial. "

The first step is to build a new office and laboratory part. At a later stage, a pilot plant will also be built, where customer processes can be better imitated. The facility is expected to be fully completed in the spring of 2023.

For more information, please contact:

Johan Arvidsson, CEO, +46-708 97 44 39, johan.arvidsson@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. The company's Certified Adviser is FNCA Sweden AB. FNCA Sweden AB can be reached at info@fnca.se or by phone +46-8 528 00 399.

https://news.cision.com/nexam-chemical/r/nexam-chemical-is-building-a-new-innovation-facility-for-continued-rapid-growth,c3536964

https://mb.cision.com/Main/6364/3536964/1557298.pdf

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