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Nexam commercializes materials with BASF

Nexam and BASF have developed a new crosslinkable Nylon 66 and have now agreed to initiate the commercialization phase for this compound.
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As a consequence of this, Nexam has awarded BASF temporally limited market exclusivity for approximately two years for a compound consisting of the plastics, Nylon 66, and Nexam’s crosslinker, according to the companies.

The exclusivity is conditioned upon certain annual minimum purchases of Nexam’s crosslinker by BASF.

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The initial targeted application areas are within the Automotive and Electrical & Electronics sectors.

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The global engineering plastics usage of Nylon 66 is estimated to be approximately 1,5 million tons (equal to a turnover of more than USD 6 billion), and growing. The Automotive and E&E sectors are estimated to account for approximately 60-70% of the total market.

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