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.

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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%2
0 
och%20nyheter\Pressmeddelanden\Eng\www.nexamchemical.com). The company´s
Certified Adviser is FNCA Sweden AB.