SOURCE: Alexium International Group

Alexium International Group

February 08, 2016 10:58 ET

Alexium Enters Partnership Agreement With VLS-Group to Support Near-Term Global Opportunities

PERTH, AUSTRALIA and GREER, SC--(Marketwired - Feb 8, 2016) - Alexium International Group Limited (Alexium) (ASX: AJX) (OTCQX: AXXIY) is pleased to announce that Alexium International has signed a partnership agreement with Antwerp, Belgium based VLS-Group* -- a market leading, vertically integrated Supply Chain & Logistics Group. VLS-Group has worldwide infrastructure & networks in place to support Alexium growth in Europe, the Middle East, Africa, all corners of Asia, and the Americas. 

"As we have opportunities in Europe and Asia which are forecasted to quickly spin up in volume, the last step in the non-domestic chain before realizing revenue is putting in place the structure to support those opportunities. We could not imagine a better partner to reliably supply these opportunities worldwide than VLS-Group," stated Alexium President, Dirk Van Hyning.

This global alliance will enable Alexium to provide complete supply chain simplification in concert with Global Distribution Partner's growth, as well as provide Alexium a complete service platform for customers with multiple plant locations worldwide. This formalized partnership will support Alexium's growth model in parallel with the best possible worldwide service program available in the market.

"Based on our strong asset base and a unique global network, VLS-Group is successfully serving various multinational customers in the chemical industry with integrated manufacturing, packaging, warehousing and transport solutions. We consider it a huge opportunity to partner with young and ambitious companies by giving them the supply chain, logistics and delivery capability of a major industry player," said VLS-Group Chief Commercial Officer Thomas Brakmann. "We are impressed by the achievements and ambitions of Alexium, and are looking forward to contribute to their further growth for our mutual benefit."

We will keep you informed as this relationship progresses.

About Alexium

Alexium International Group Limited (ASX: AJX) (OTCQX: AXXIY) holds proprietary patent applications for a process developed initially by the U.S. Department of Defense, which allows for the surface modification and attachment of nano-particles or multiple chemical functional groups to surfaces or substrates to provide functions such as fire retardancy, water proofing, oil proofing, and anti-microbial treatments. Applications under development include but are not limited to textiles, paints, and packaging, glass and building materials. Alexium's fire retardant chemical treatment are currently marketed for different fabric markets under the Alexiflam™, Ascalon™, Nycolon™, Nuvalon™, and Polytron™, Omnitron™ and Bactron™ trademarks.

*About VLS-Group:
VLS-Group is a leading European provider of innovative integrated logistics and value adding services for the chemical industry and related sectors. VLS-Group is offering a State-of-the-art network of more than 200.000 m² warehouses for the safe storage, handling and logistics of classified and non-classified materials, 100.000 m3 of tank terminal capacity, 19 high performance filling lines as well as blending and tolling facilities for liquid and solid chemical products. VLS-Group creates value throughout the entire supply chain of its customers by offering a wide range of sophisticated international logistics and supply chain solutions. For more information, visit VLS-Group's website www.vls-group.com.

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