A snippet from Proactive about above, and also reinterating the...

A snippet from Proactive about above, and also reinterating the growth....

http://www.*.com.au/companies/news/...onal-group-wins-us-business-award-177466.html


Alexium International Group wins U.S. business award

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10:00 09 May 2017

Nicholas Clark has been recognised in the chemicals division.

Nicholas Clark, chief executive officer, Alexium International Group

Alexium International Group (ASX:AJX) has won an award at the 15th annual American Business Awards to be presented during June in New York.

Nicholas Clark, CEO and executive director has been awarded the Silver Stevie® Award for Executive of the Year in the chemicals division.

The American Business Awards is the nation’s premier business awards program.

Alexium 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 a number of 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 remains firmly on track for achieving its near term goal of sustained run-rate cash neutrality by the end of the current June quarter.

Recent revenue expansion in the bedding industry has driven an increase in the average gross profit margins across all markets by over 15 percentage points since the beginning of 2017 and still trending strongly upwards.

Alexium is also pursuing a mid-year listing on the NASDAQ.