Nexam Chemical extends cooperation with Diab

 

 

Nexam Chemical (Lomma, Sweden) announces an expansion to its collaboration with Diab (Laholm, Sweden). Originally signed in 2015, the collaboration laid the foundation for new high-performance polyethylene terephthalate (PET) foam products containing Nexam Chemical's additive NEXAMITE technology, and is now reported to generate growing business with increasing volumes.

Diab’s continuing growth in the PET foam market segment will result in increased growth for Nexam Chemical, the company says, which in turn will supply Diab's production in Europe, North America and Asia.

“The increased cooperation with Diab is strategically important to us. Our NEXAMITE technology provides major property improvements in PET foam and the market for PET foam is in continuous strong growth. We are now streamlining our production to meet this growth. Products with PET foam show strong competitive advantages in many applications, not least from a sustainability perspective. Our NEXAMITE technology in Diab's products contributes to increased durability at several levels — by creating lighter and stronger materials, as well as by application in renewable energy such as wind energy,” says Johan Arvidsson, CEO of Nexam Chemical.