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Nexam Chemical, BASF Decline To Extend Agreement on PA 66

Jointly decide to not extend exclusivity agreement regarding PA 66 compounds containing Nexam Chemical´s crosslinker

Nexam Chemical and BASF have jointly decided not to extend the exclusivity agreement regarding polyamide 66 compounds containing Nexam Chemical´s crosslinker, which was signed between the parties in February 2014, and which ends during the second quarter of 2015. The reason for this decision is that Nexam would like to include polyamide 66 in the projects it has with other partners in the polyamide area.
 
The collaboration will however continue between the parties and test material based on BASF’s polyamide 66 and Nexam Chemical’s additives will be tested in components by e.g. the automotive industry during spring 2015.

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