The expansion is driven by increased penetration within an existing customer relationship rather than new customer acquisition, indicating successful industrial integration and continued commercial validation of the technology.

The customer uses Nexam Chemical's additives to ensure process and product stability in recycled plastics intended for food-contact applications - a segment with high performance requirements and strict regulatory standards.

"The use of our technology in food packaging in the United States demonstrates both the technical robustness and regulatory maturity of our offering. The customer's decision to expand usage confirms the commercial value we provide," says Ronnie Törnqvist, CEO of Nexam Chemical.

Stability and Food Approval - Critical Factors

Manufacturing rigid food packaging based on recycled plastics requires consistent material performance, stable industrial processing, and compliance with strict food-contact regulations.

Nexam Chemical's additives enhance material structure and reduce variability in recycled raw materials, enabling high-quality end products while maintaining production stability.

Scalable Business Model Through Customer Expansion in Prioritized Segment

The increased volumes are driven by the customer introducing the additive into additional products within existing operations. his illustrates the scalability of Nexam's business model: once qualified and implemented in a customer's production process, volumes can expand efficiently as additional applications are included.

Food packaging based on recycled plastics is a prioritized and growing segment for Nexam, driven by tightening regulation and brand-owner sustainability commitments. Food-contact approval requirements also present significant technical and regulatory barriers.

The expansion aligns with the company's strategic focus on Reactive Recycling™ as a growth engine and confirms its position in regulatory-driven, value-creating segments of the circular plastics value chain.

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, [email protected]