Alexium expands US business

Company News


Alexium International Group Limited (ASX:AJX) says its secured its second major US brand in a deal which will lift US revenue to around $6.8 million. 
 
Alexium scored its first large scale production order for its Alexiflam fire retardant mattress finish in September. Based on performance the client has elected to use the treatment on a second national brand under its umbrella. 
 
Alexium says the second deal virtually sold itsself with little effort on behalf of the company. 
 
Alexium reported a net loss of $11.76 million for the 2015 financial year. 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?