Nexam Chemical receives another significant order from US High-Temperature customer
Nexam Chemical has secured a substantial repeat order from a long-standing U.S. customer within the high-temperature materials sector. The order, valued at 17 MSEK, underscores the continued strong demand for Nexam’s innovative solutions, which support critical applications in industries where extreme temperatures and material stress are involved.
This new order follows a record-setting one placed last year, reaffirming the customer’s trust in Nexam’s ability to deliver high-quality materials tailored for highly demanding environments. The order covers four quarters, with deliveries commencing Q4 2024, and confirms the more than doubled run-rate compared to previous years, as announced same period last year.
“Our persistence and commitment to quality, particularly in the High Temperature segment, continue to generate positive results,” said Ronnie Törnqvist, CEO of Nexam Chemical. “We are seeing growing confidence from our key customers, and this repeat order demonstrates the solid partnerships we’ve built in this space. Thanks to our enhanced production capacity, we’re more than ready to meet the increasing demands from this key market.”
Henrik Bernquist, Business Manager at Nexam Chemical, added: “Our solutions within High Temperature are uniquely suited to replace traditional metals such as titanium and Inconel in highly demanding environments such as civil and military aviation. This repeat order confirms that our customers continue to gain traction with their high temperature composite materials. The collaboration with our U.S. customer continues to deepen as they recognize the value of our products in critical applications, and this order further solidifies our position as a trusted partner in the industry.”
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 contact:
Ronnie Törnqvist, VD, +46-706 25 41 85, [email protected]
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 14:00 CET on 10th of October 2024.