Nexam Chemical sign collaboration agreement with DIAB regarding NEXAMITE® for PET-foam


Nexam Chemical has signed a collaboration agreement with DIAB regarding
development of a unique high-performance PET-foam containing Nexam Chemical´s
NEXAMITE®-technology. The mutual ambition for the collaboration, starting in
2016, is to sign a long-term supply agreement. DIAB is one of the five largest
manufacturers of high-performance foam in the world.
"We in DIAB, as a leading producer of high-performance foam, is pleased to
establish this collaboration. Nexam Chemical´s technology, together with our
solid expertise in foam production, creates opportunities for a new generation
of foam on the, for us, very interesting market”, says DIABs CTO, Magdalena
Sandström.

DIAB is a global company that develops, manufactures and sells core materials
for composite structures, including pleasure boats, blades for wine turbines and
components for aircraft, trains, industrial applications and buildings. Core
materials - which has a unique combination of characteristics such as low
weight, high strength, insulation properties and chemical resistance - are used
for constructions in several different market segments.

“The NEXAMITE®-technology is effective and delivers significant improvements to
the properties of PET-foams. The growing market for PET-foams are an important
area for Nexam Chemical, and with our technology there is opportunities to also
improve other types of foam. We look forward to our collaboration with DIAB”,
says Nexam Chemicals CEO Anders Spetz.

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

____________________________________________________________________________

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.

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