SOURCE: Alexium International Group

Alexium International Group

November 17, 2015 12:04 ET

Alexium Receives First Purchase Order for Alexiflam™ FR Plus Durable Water Repellent

PERTH, AUSTRALIA and GREER, SC--(Marketwired - Nov 17, 2015) -  Alexium International Group Limited (Alexium) (ASX: AJX) (OTCQX: AXXIY) is pleased to announce it has received the first purchase order of one-pass solution, Alexiflam™ Fire Retardant (FR) plus Durable Water Repellent (DWR). 

Alexium continues to grow and expand its product offerings to develop various one pass solutions that are compatible with current Alexiflam™ FR solutions to provide additional functionality for customers which are cost effective, environmentally friendly and performance enhancing.

Many traditional FR chemistries are not compatible with complementary solutions; however, with this Alexiflam™ FR+DWR application, customers are able to get desired durable water repellent properties as well as meet all FR requirements in a single, cost effective solution -- shortening the overall production time. This application further differentiates Alexium in the market. 

According to MarketsandMarkets Analysis from an earlier release, the North American fire retardant market for 2014 was $USD1.3 Billion. It is estimated that up to 40% of that market -- particularly in the areas of home furnishings, outdoor, military and transportation markets -- also requires some level of water repellency, something Alexium can now provide in a single solution. 

"The ability to incorporate complementary chemistries with our existing Alexiflam™ FR product line, demonstrates the range and adaptability of our patented chemistries as well as the deep understanding of our product formulations. We are adding value while expanding the scope of our current applications.

The ability to provide both FR and DWR in the one pass solution is a significant cost saving for our customers by reducing the need for second production run for the DWR component. This approach will enable Alexium to further secure our long-term growth strategy, while providing a truly holistic solution to our clients' needs," stated Dirk Van Hyning, Alexium President.

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.

Contact Information

  • U.S Contacts:
    Nick Clark
    Chief Executive Officer
    nclark@alexiuminternational.com
    U.S.: +1 864.991.6687

    Bradi Dobson
    Marketing Specialist
    BDobson@alexiuminternational.com

    U.S. R&D Center:
    8 Distribution Court
    Greer, SC 29650
    T: +1 864.416.1060
    F: +1 864.752.6465

    U.S. Corporate Office:
    148 Milestone Way
    Greenville, SC 29615
    T: +1 864.603.1165
    F: +1 864.752.6465

    Australia:
    Matt Wright
    Investor Relations
    matt@nwrcommunications.com.au
    AUS: +61 451.896.420

    ABN: 91 064 820 408
    ASX: AJX