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26.09.2017 15:50:36
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Deflamo AB: Breakthrough in a new market segment
Karlshamn on September 18, 2017
Deflamo has received an order that marks a breakthrough in a new market segment. The product is a part of a brand-new product family that Deflamo has developed for use in bio based thermoplastics.
The customer has developed a new innovative product that is expected to be used widely and reduce the negative environmental impact that the traditional technology makes. Together with Apyrum, the necessary fire properties are met and make the product useful according to the fire requirements. The product is expected to have potential to reach a global market.
The first order is small but is the first in an expected series. It is a smaller quantity and has a value of 2400 euros. Over the next years, the volume is expected to increase to a significant volume for Deflamo.
"We are happy to have got the opportunity to work together with a truly innovative company and that they are ready to launch the new product. It is most satisfying that our technology and our efforts contributes and adds value to this product", says Deflamo's CEO Fredrik Westin.
For further information, please contact:
Fredrik Westin, Managing Director
Telephone: +46 70 418 49 59
E-mail: fredrik.westin@deflamo.com
Read about Deflamo AB at www.deflamo.com
About Deflamo Deflamo is a specialty chemical company that develops, produces and markets environmentally superior flame retardants under the product name Apyrum. Apyrum is a patented, environmentally-friendly and biodegradable alternative to hazardous flame retardants that are harmful to the environment and health. The company is listed on Nasdaq First North. Avanza is the company's Certified Advisor.
This information is the information that Deflamo AB is required to disclose under the EU Market Abuse Regulation. The information was provided by the above contact person for publication on September 26, 2017 at. 15.50 CET.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Deflamo AB via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Deflamo AB via Globenewswire
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