Alexium International Group Limited
(ASX:AJX) has announced it has received four new purchase orders for its flame retardant and Alexicool™ textile solutions
The contracts represent annual revenue of US$3 million for the business.
VP of Sales Michael Schwartz has pointed to the contracts as accelerating momentum for the company in what are mission-critical industries.
The latest contracts for Alexium’s environmentally friendly technologies are in the automotive, bedding and carpet sectors and include repeat and new business.
Alexium Limited reported a net loss of $15.4 million at 30 June 2016.
