Local Greer News?, page-4

While we're at it, we may as well show that Senator Lindsy Graham and Congressman Trey Gowdy have been to Alexium headquarters and have seen "demonstrations of Alexium's innovative products."


From 24-11-2014.

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ALEXIUM INTERNATIONAL GROUP LTDwww.alexiuminternational.com/
Full Alexium International Group Ltd profile here
Alexium International Group Ltd (ASX:AJX, OTCQX:AXXIY) is a speciality chemicals development company headquartered in Perth, Western Australia, with operations in Greer, South Carolina.


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Proactive Investors

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Alexium's CEO Nicholas Clark has met with Senator Lindsay Graham in Washington DC to educate regulators on the flame retardant treatment applications

Alexium International Group(ASX:AJX, AX:AJX, OTC QX:AXXIY) has been one of the best performing stocks on the Australian Stock Exchange this year, as the company's flame retardant treatments and technologies gain market traction.

The company last traded at $0.33, and is close to being a "four-bagger" in just three months.

Alexium's CEO and executive director, Nicholas Clark, travelled to Washington, DC, to educate legislators and regulators about the innovative and environmentally friendly flame retardant applications being developed by Alexium.

While previous trips to Washington by Alexium have revolved mostly around working with the United States military, Nicholas Clark delivered the message that flame retardant treatments can be applied to consumer products without the use of these dangerous toxins.

The focus of the trip was working with legislators and regulators to ensure that noxious flame retardants from upholstered furniture and children’s products, such as changing table pads, crib mattresses, pajamas, nap mats and nursing pillows, are eliminated from the marketplace.

Legislation recently introduced by Senator Charles Schumer (D-NY) aims to ban the top ten most toxic chemicals flame retardants, and Alexium indicated it was capable of meeting the high standards set forth in the legislation.

The trip follows on from visits to Alexium’s Greer, SC, facility by Senator Lindsay Graham (R-SC) and Congressman Trey Gowdy (R-SC), both of whom saw demonstrations of Alexiums innovative products.

Clark said that after several meetings with legislators, as well as top scientists at the Consumer Product Safety Commission in Bethesda, the message of a safe way to provide fire retardant treatment was well received.

“As a company that can provide improved, safe and toxin free solutions for flame retardant applications, it is imperative that law makers and regulators understand our process, our technology and our commitment to providing an American-made, cost effective and quality product at all levels of government, from the Department of Defense to the Consumer Product Safety Commission.

“I look forward to working with Senator Schumer, Senator Graham, Congressman Gowdy and others in Congress to ensure that the while we protect soldiers and consumers from the dangers of fire, we are also not exposing them to dangerous toxins that can lead to immediate and long term health problems.

"Alexium was founded on this principle, and I am very pleased to be able to support the efforts of those in Washington taking up this cause.”


Analysis

Today's news highlights the significant key business relationships being developed by Alexium's CEO Nicholas Clark with the U.S. Government.

Clark's meetings with U.S. legislators and regulators highlighted the innovative and environmentally friendly flame retardant applications being developed by Alexium that can be applied to consumer applications.

Thereby, increasing the markets and applications for Alexium's flame retardant treatment as it leverages concern in the U.S. over noxious flame retardants in children's products.

Besides prominent U.S. Government Senators and Congressmen supporting Alexium's efforts for its innovative flame retardant products, the U.S. Federal Consumer Products Safety Commission has requested meetings and reviews of its FR products in response to the legislation proposed by Senator Schumer of New York to ban bromines in the US as a toxic substance.

Significantly, the Consumer Products Safety Commission are now aware that there is a safe, environmentally friendly, cost effective and performance enhancing flame retardant available in the U.S. to replace bromine based products.

This also adds significant revenue upside in the consumer market in addition to the military market.

Earlier in the month Alexium engaged two additional customers in the transportation market highlighting the interest in its eco-friendly Fire Retardant chemistry.

The five customers could deliver potential annual sales volume of US$10 million.

Alexium has been one of the best performing stocks on the Australian Stock Exchange this year.

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Cheers.