This order follows close to two years of intensive research and development, resulting in the first large-scale production order. The collaboration marks a substantial step forward with a leading global customer that has substantial business in the structural composites field.

Ronnie Törnqvist, CEO of Nexam Chemical, commented: "Over one and a half years of intensive development with a high-profiled global customer producing novel structural composites, but insisting on confidentiality, has resulted in the first serial deliveries of customer-specific additives. The collaboration is expected to continue over many years to come, and there is great potential to broaden the partnership in the future. The business potential could make this one of Nexam's largest customers within the next two years. The partnership reflects Nexam Chemical's significant R&D investment in developing solutions tailored to the customer's specific requirements".

Dane Momcilovic, Business Manager at Nexam Chemical, added: "We are thrilled to see this substantial increase in orders from such a well renowned customer. Our bespoke additives for various applications within structural composite solutions continue to demonstrate their value in high-demand industries, such as aerospace, automotive, and wind energy. This growth further solidifies Nexam Chemical's position as a leading supplier of advanced materials designed to enhance performance and sustainability".

Note: This news 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 more information, please contact:

Ronnie Törnqvist, VD, +46-706 25 41 85, ronnie.tornqvist@nexamchemical.com