Nexam Chemical discontinues exclusivity agreement with Armacell

- mutual ambition to replace with a supply agreement
In 2014, Nexam Chemical and Armacell signed an exclusivity agreement regarding
products for PET foam. Due to longer development times, the agreed minimum
volumes will not be fully met within the time limit. Nexam Chemical and Armacell
therefore discontinues the current exclusivity agreement with a mutual ambition
to replace it with a supply agreement.

"Nexam Chemical´s products has proven to be effective and facilitate major
property enhancements to the PET foam that we so far have produced in our
facilities. Our PET foam containing Nexam Chemical´s product provides conditions
for a new generation of PET foam on the market. Based on the results we have,
and with the good collaboration with Nexam Chemical, we continue the work
together with the ambition to sign a supply agreement”, says Armacells Global
Business Director PET Core, Bart Janssen.

“It is positive to see how our NEXAMITE® performance enhancers can make a vital
difference in products with such market potential as PET foam. We look forward
to continue our cooperation with Armacell”, says Nexam Chemicals CEO Anders
Spetz.

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 (http://file//tellus/styrelsen/A.%20Pressmeddelanden%20och
% 
20nyheter/Pressmeddelanden/Eng/www.nexamchemical.com). The company´s Certified
Adviser is Remium Nordic AB.