The customer produces packaging based on mechanical recycling and uses Nexam Chemical's additives to enhance the properties of recycled plastic. By combining mechanical recycling with the right additives, it becomes possible to increase the use of recycled material - even when feed stock quality is lower - while maintaining the performance of the final product.

"This is a clear confirmation that our Reactive Recycling® technology works in real-world, large-scale applications. Based on these recent developments, we forecast sales in this segment to be higher in Q2 than in previous quarters. While there is still a relatively modest share of our total business, we are expecting to see quite substantial growth rates, both year-on-year and quarter-on-quarter, going forward. Our strategy to focus on recycling is really starting to pay off," says Henrik Bernquist, Business Manager.

In parallel, several other customer projects are progressing through evaluation and approval processes, moving steadily toward serial production. New additive generations are also under development to meet further challenges in the recycling value chain.

"As we head into summer, we do so with a strong sense of momentum. It's rewarding to see the results of our long-term efforts starting to materialize - especially in an area like Recycling, that is both commercially attractive and crucial from a sustainability perspective. I'd like to take this opportunity to wish all our customers, partners and colleagues a wonderful summer," concludes Ronnie Törnqvist.

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 more information, please visit www.nexamchemical.com or contact:

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