LANXESS to distribute FRX Polymers' Nofia branded flame retardants in key segments
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LANXESS to distribute FRX Polymers’ Nofia® branded flame retardants in key segments
LEVERKUSEN, Germany – TheNewswire - January 21, 2025 – Specialty chemicals company LANXESS, a global leader of brominated and phosphorous based flame retardants and FRX Polymers CHELMSFORD, Mass., a leading global developer and manufacturer of environmentally sustainable flame-retardant additives, announce that LANXESS will distribute Nofia® branded flame retardants manufactured by FRX in segments where LANXESS brings advantageous complementary strengths.
LANXESS is one of the world’s leading producers of flame retardants with a broad range of halogenated and non-halogenated flame retardants, and is well established with almost all major flame retardant 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 for a range of high performance applications, copper-clad laminates for modern high performance printed circuit boards as well as demanding textile coating applications.
The partnership with LANXESS is expected to significantly enhance the global market share of Nofia® products especially as market dynamics shift due to recent legislation. By leveraging LANXESS’s extensive technical, marketing, and sales capabilities, NOFIA® Flame Retardants are expected to gain access to new sectors and geographies. This collaboration aligns with LANXESS’s strategy of offering sustainable flame-retardant solutions and is anticipated to capitalize on the growing demand for eco-friendly products.
“This is a decisive step in the development of FRX,” said Marc Lebel, founding CEO of FRX Polymers. “The opportunities for growth of our Nofia® flame retardants are simply too great, and too urgent, for us to grow rapidly enough on our own.” Patrick Muezers, designated CEO, added: “The relationship with LANXESS adds crucial technical and commercial resources to our unique chemical and engineering strengths, most notably with larger customers and for business development. This will allow FRX to grow at a faster pace in several key segments while we also continue to grow at our existing broad customer base in a range of demanding applications.”
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FRX is in commercial production at its fully permitted facility in Antwerp, Belgium, where it currently supplies Nofia® Flame Retardant Polymers to a growing number of multinational OEMs around the world.
#PFAS, #PFSfree, #ForeverChemical, #SustainableFR
For more information, visit www.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 serve several large markets spanning textiles, electronics, automotive, electric vehicles (EV) and medical devices. FRX is led by a team of highly experienced business and technical professionals and is positioned to be a leader in the rapidly changing flame-retardant plastics and additives market in response to new legislation prohibiting Brominated and Perfluoro flame retardants found in a wide range of electronics and electrical products and restricting the use of melamine flame retardant chemicals found in furniture and mattress foam products.
Nofia® is a registered trademark of FRX. Nofia® products are manufactured at its manufacturing facility on the Port of Antwerp in Belgium, one of the world's largest chemical producing clusters. Nofia® Polyphosphonates are produced using sustainable green chemistry principles such as a solvent-free production process, no waste by-products, and near 100% atom efficiency, and are halogen, PFAS and melamine free. FRX's portfolio includes an extensive patent estate. FRX, at the forefront of the ESG movement to a greener future, has been the recipient of numerous awards, including the EPA's Environmental Merit Award, the Belgium Business Award for the Environment, and the Flanders Investment of the Year Award. FRX has also been recognized six times on the Global Cleantech 100 list.
Cautionary Note Regarding Forward-Looking Statements and Reader Advisory
Certain statements contained in this news release, including, but not limited to, statements with respect to the Offering, the completion of the Offering, the size, amount and type of securities issued under the Offering, participation in the Offering by related parties and the amount of such participation, among other things, and statements which may contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, and statements related to matters which are not historical facts, may constitute forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management’s expectations regarding the Company’s future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.
These factors should be considered carefully, and readers should not place undue reliance on the Company’s forward- looking statements. The Company believes that the expectations reflected in the forward-looking statements contained in this news release and the documents incorporated by reference herein are reasonable based on information available to it, but no assurance can be 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