LANXESS to distribute FRX Polymers' Nofia branded flame retardants in key segments
(TheNewswire)
LANXESS to distribute FRX Polymers’Nofia® branded flameretardants in key segments
LEVERKUSEN, Germany – TheNewswire - January 21, 2025 –Specialty chemicals company LANXESS, a global leader of brominated andphosphorous based flame retardants and FRX Polymers CHELMSFORD, Mass.,a leading global developer and manufacturer of environmentallysustainable flame-retardant additives, announce that LANXESS willdistribute Nofia ® branded flame retardantsmanufactured by FRX in segments where LANXESS brings advantageouscomplementary strengths.
LANXESS is one of the world’s leading producers offlame retardants with a broad range of halogenated and non-halogenatedflame retardants, and is well established with almost all major flameretardant customers world-wide. LANXESS will use its global sales,marketing and technical teams to promote Nofia ® flame retardants to key customers in certain engineering polymers fora range of high performance applications, copper-clad laminates formodern high performance printed circuit boards as well as demandingtextile coating applications.
The partnership with LANXESS is expected to significantly enhance theglobal market share of Nofia® products especially as market dynamicsshift due to recent legislation. By leveraging LANXESS’s extensivetechnical, marketing, and sales capabilities, NOFIA® Flame Retardantsare expected to gain access to new sectors and geographies. Thiscollaboration aligns with LANXESS’s strategy of offering sustainableflame-retardant solutions and is anticipated to capitalize on thegrowing demand for eco-friendly products.
“This is a decisive step in the development ofFRX,” said Marc Lebel, founding CEO of FRX Polymers. “Theopportunities for growth of our Nofia ® flameretardants are simply too great, and too urgent, for us to growrapidly enough on our own.” Patrick Muezers, designated CEO, added:“The relationship with LANXESS adds crucial technical and commercialresources to our unique chemical and engineering strengths, mostnotably with larger customers and for business development. This willallow FRX to grow at a faster pace in several key segments while wealso continue to grow at our existing broad customer base in a rangeof demanding applications.”
FRX is in commercial production at its fully permittedfacility in Antwerp, Belgium, where it currently suppliesNofia ® Flame Retardant Polymers to a growingnumber of multinational OEMs around the world.
#PFAS, #PFSfree, #ForeverChemical,#SustainableFR
For more information, visitwww.frx-innovations.com.
About FRX Polymers(www.frxpolymers.com)
FRX Polymers is a global manufacturing company,producing a family of sustainable flame-retardant products that serveseveral large markets spanning textiles, electronics, automotive,electric vehicles (EV) and medical devices. FRX is led by a team ofhighly experienced business and technical professionals and is positioned to be a leader in the rapidlychanging flame-retardant plastics and additives market in response tonew legislation prohibiting Brominated and Perfluoro flame retardantsfound in a wide range of electronics and electrical products andrestricting the use of melamine flame retardant chemicals found infurniture and mattress foam products.
Nofia® is a registered trademark of FRX. Nofia®products are manufactured at its manufacturing facility on the Port ofAntwerp in Belgium, one of the world's largest chemical producingclusters. Nofia ® Polyphosphonates are producedusing sustainable green chemistry principles such as a solvent-freeproduction process, no waste by-products, and near 100% atomefficiency, and are halogen, PFAS and melamine free. FRX's portfolioincludes an extensive patent estate. FRX, at the forefront of the ESGmovement to a greener future, has been the recipient of numerousawards, including the EPA's Environmental Merit Award, the BelgiumBusiness Award for the Environment, and the Flanders Investment of theYear Award. FRX has also been recognized six times on the GlobalCleantech 100 list.
Cautionary Note RegardingForward-Looking Statements and Reader Advisory
Certain statements contained in this news release,including, but not limited to, statements with respect to theOffering, the completion of the Offering, the size, amount and type ofsecurities issued under the Offering, participation in the Offering byrelated parties and the amount of such participation, among otherthings, and statements which may contain words such as “expects”,“anticipates”, “intends”, “plans”, “believes”,“estimates”, or similar expressions, and statements related tomatters which are not historical facts, may constitute forward-lookinginformation within the meaning of applicable securities laws. Suchforward-looking statements, which reflect management’s expectationsregarding the Company’s future growth, results of operations,performance, business prospects and opportunities, are based oncertain factors and assumptions and involve known and unknown risksand uncertainties which may cause the actual results, performance, orachievements to be materially different from future results,performance, or achievements expressed or implied by suchforward-looking statements.
These factors should be considered carefully, andreaders should not place undue reliance on the Company’s forward-looking statements. The Company believes that the expectationsreflected in the forward-looking statements contained in this newsrelease and the documents incorporated by reference herein arereasonable based on information available to it, but no assurance canbe given that these expectations will prove to be correct.
Contact Information:
FRX Polymers
Mike Goode CCO
+1 765-838-9018
FRX Polymers Media Inquiries
Diane Wilson
+1 978-505-1275
Joseph Grande
+1 413-684-2463
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