Perth, WA and Greer, South Carolina: Alexium Interna8onal Group Limited (Alexium) (ASX:AJX, AX:AJX, OTC
QX:AXXIY) is pleased to announce that the Home Furnishings sector Customer announced on 14 May 2015
has now contracted Alexium for con1nuing purchase orders to supply Alexiflam™ formula(ons for ini#al full
scale produc,on and consumer roll out in the large US markets of its Alexiflam™ treated home furnishings
products.
These con)nuing purchase orders follow on from the Customer’s very successful trial commercial produc.on
runs commenced in May on Alexiflam™ treated fabrics.
As the Customer’s product roll out accelerates, the poten&al sustainable revenue for Alexium from this ini(al
program is expected to be in the range of USD$200,000 to USD$300,000 per month.
Further, following on from the strong full-scale test results on the ini#al program, this Customer is now
expanding the use of Alexiflam™ to addi'onal product lines at full commercial scale, which has the poten2al
to produce further 3rd and 4th quarter revenue for Alexium, genera0ng between USD$5M and USD$15M on
an annual basis. “This successful con$nua$on of orders from this Customer confirms Alexium as a premier
provider offering environmentally friendly Fire Retardant (FR) solu%ons tailored to each customer’s
requirements. We look forward to expanding the use of Alexiflam™ as the FR solu,on of choice for the
home furnishings market," said Steve Gravlee, Alexium’s Vice President of Sales.
Alexium CEO Nicholas Clark added, “This is an important milestone in the growth of Alexium. This Customer,
who is a world wide leader in the home furnishings sector, has engaged with Alexium in a strong partnership
and quickly moved to expand the use of our FR treatments to mul9ple product lines, evidencing their strong
commitment to environmentally friendly and effec1ve FR solu1ons for consumer products. Mr Clark further
added, “Becoming this Customer’s FR solu"on provider has the poten*al to expedite Alexium’s business in the
home furnishing market.”
Alexium will provide further informa0on on this Customer, once products are in stores. For more informa*on,
please visit Alexium’s website at www.alexiuminterna4onal.com
- Forums
- ASX - By Stock
- AJX
- Ann: Continued Client Advancement In Home Furnishing Market
Ann: Continued Client Advancement In Home Furnishing Market, page-2
-
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.31M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $3.3K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2072715 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 768054 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2072715 | 0.009 |
3 | 4111222 | 0.008 |
3 | 349012 | 0.007 |
3 | 544500 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 768054 | 5 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 431158 | 2 |
0.017 | 321118 | 2 |
Last trade - 12.31pm 27/09/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |