Alexiflam® NF Granted EPA Approval, Supporting US-Based Sales
Perth, Australia, and Greer, South Carolina- 30 April 2019– Alexium International Group Limited (“Alexium,” “the Company,” ASX: AJX, NASDAQ Designation: AXXIY) is pleased to announce that it has received US Environmental Protection Agency (EPA) approval under TSCA for the manufacture and sale of Alexiflam® NF in the US. The EPA approval provides Alexium with access to the largest market region for flame retardant cotton and follows the recent announcement of the Company’s Memorandum of Understanding with ICL (TASE/NYSE: ICL) for the future manufacture, marketing and sales of Alexiflam® NF.
- Essentially formaldehyde free
- Mild application conditions
- Ammoniation free application.
Commenting on the EPA’s approval of Alexiflam NF®, Alexium CEO Dr. Bob Brookins said: “EPA approval of Alexiflam® NF marks a significant milestone for the Company. This approval supports Alexium’s manufacture and sales into the US, which represents the largest global market for flame retardant cotton products. The EPA approval builds on our recent MoU with ICL for them to act as the future manufacturer and distributor of Alexiflam® NF. Having delivered on these milestones, Alexium is well placed to drive the commercialization of Alexiflam® NF and deliver on the global opportunities we see for our unique textile technology.”
About Alexium International Group Limited
Alexium International Group Limited (ASX: AJX, Nasdaq Designation: AXXIY) holds proprietary patent applications for novel technologies developed to provide flame retardancy for a wide range of materials. These environmentally friendly flame retardants have applications for several industries and can be customized. Further, Alexium has developed products for a range of other applications including phase-change materials, water repellents, antimicrobials, and combinations thereof. Alexium also holds patents for a process developed initially by the U.S. Department of Defense, which allows for the surface modification and attachment of nanoparticles or multiple chemical functional groups to surfaces or substrates to provide functions such as fire retardancy, water proofing, oil proofing, and antimicrobial treatments. Applications under development include but are not limited to textiles, packaging, electronics, and building materials. Alexium’s chemical treatments are currently marketed as Alexicool® and Alexiflam®.
Vice President, Investor Relations