PERTH, AUSTRALIA and GREER, SC--(Marketwired - May 8, 2015) - Alexium International Group Limited (
Over the past few months, Alexium has worked with a new customer to perform multiple short production-scale trials at the customer's facility using Alexium's Alexiflam™ chemistry, a process that has resulted in exceptional performance results.
Alexium has received a purchase order to run a substantial amount of yardage to confirm those results on a larger scale prior to a full commercial launch of the product. Upon the expected confirmation of those results, Alexium expects this to be a valuable relationship for both parties, generating between $3M and $10M annually in revenues to Alexium.
Nicholas Clark, CEO of Alexium, said, "We are continuing to generate strong interest in the commercial sector markets, and this opportunity with a major U.S. company in the home furnishings arena will help cement Alexium's reputation for environmentally-friendly, performance based, durable and cost effective Fire Retardant solutions."
On completion of contract negotiations and firm pricing, Alexium will provide a further update on this opportunity to the market.
For more information, visit Alexium's website at www.alexiuminternational.com.
About Alexium
Alexium International Group Limited (
Contact Information:
U.S Contact:
Julie Patrick
Marketing & PR Specialist
jpatrick@alexiuminternational.com
U.S.: +1 864.908.6793
U.S. R&D Center:
8 Distribution Court
Greer, SC 29650
T: +1 864.416.1060
F: +1 864.752.6465
U.S. Corporate Office:
148 Milestone Way
Greenville, SC 29615
T: +1 864.603.1165
F: +1 864.752.6465