Nexam Chemical invests in a new production line – Strengthens customer relationship and increases profitability

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Listed on Nasdaq First North Nexam Chemistrywhich helps plastics manufacturers around the world to improve their products – both in terms of durability and functionality – and therefore their competitiveness, invests 20 million Swedish crowns in a new production line. The investment in the company’s factory in Lomma, Skåne will increase production capacity and improve long-term profitability. In addition, the ability to meet customer needs for advanced product development is enhanced.

The new machine line, which will be an integral part of the existing production system, should be operational by the end of the current year.

– Our production increases as our sales increase, that’s why we are now investing in increased and improved production capacity. The new production line will open up opportunities for us to manufacture increasingly complex products that can make us even more attractive to more and more customers, says Johan Arvidsson, Nexam Chemistry.

Initially, the new line will be aimed at the manufacture of additives for several different market segments and polymer sectors. In addition, there is great potential for capacity utilization to further increase the pace on the recycling side.

– We have strong growth, and it is considered sustainable. With this investment, we will also become less dependent on external capacity while improving our ability to develop even more advanced solutions for our customers. Something that strengthens the relationship with the customer and improves our profitability over time, says Johan Arvidsson, Nexam Chemistry.

For more information please contact:

Johan ArvidssonCEO, +46-708 97 44 39, [email protected]

On Nexam Chemistry

Nexam Chemistry develops technologies and products that significantly improve the production process and properties of most types of plastics in a cost-effective manner and with retained production technology. Improved properties include strength, toughness, temperature and chemical resistance, and tool life. The property improvements that can be achieved by using Nexam Chemicals 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, reduce material usage and enable more environmentally friendly alternatives. Example of commercial applications: manufacturing of pipes, production of foams and high performance plastics. More information about the company can be found at www.nexamchemical.com. The company’s certified advisor is FNCA Sweden AB. FNCA Sweden AB can be contacted at [email protected] or by phone at +46-8 528 00 399.

https://news.cision.com/nexam-chemical/r/nexam-chemical-invests-in-a-new-production-line—strengthens-the-relationship-with-the-customer,c3497679

https://mb.cision.com/Main/6364/3497679/1528900.pdf

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