#Sweden #North America #Svenska Aerogel #Gävle #Quartzene®

Initial Major Delivery of Quartzene® by Svenska Aerogel

In a significant development for both companies, Svenska Aerogel recently completed its first substantial shipment of Quartzene®, delivering 2.6 tons to a North American manufacturer specializing in thermal insulation solutions for outdoor products. This delivery not only underscores the trust and collaboration between the two parties but also marks a pivotal step towards utilizing Quartzene® in large-scale production.

Meeting Increased Demand

Initially, the North American manufacturer placed an order for 2 tons of Quartzene®. However, as discussions progressed, the order was increased to 2.6 tons, demonstrating the rising demand for this innovative material. To expedite the project, part of the order was shipped by air earlier in May, ensuring that production could commence without unnecessary delay.

Strengthening Operational Capabilities

To facilitate an effective integration of Quartzene® into their production lines, the manufacturer has undertaken several operational modifications across their facilities. These changes represent the customer’s commitment to establishing a long-term relationship built on efficiency and scalability. The recent improvements are indicative of a shared ambition between the companies to innovate and adapt to market demands effectively.

Progress Towards Formal Agreement

Throughout this collaborative journey, both parties have engaged in discussions regarding a future framework agreement. While tariff-related issues have posed some challenges to the timeline, plans to finalize the agreement are well underway. Once the remaining steps are completed, both companies expect to solidify this strategic partnership, which could play a crucial role in expanding the application of Quartzene® in the outdoor industry.

Company Background and Commitment to Sustainability

Svenska Aerogel Holding AB is committed to creating and commercializing Quartzene®, a mesoporous material designed to meet the contemporary market's needs for sustainable materials. The versatility of Quartzene® allows it to be customized for various applications, enhancing the properties of end products across different industries. The company's vision is clear: to become the most trusted partner in delivering pioneering material solutions that align with global sustainability goals.

With its recent order fulfillment and ongoing commitment to innovation, Svenska Aerogel is positioning itself as a key player in the outdoor insulation market, actively contributing to the industry's evolution.

As they move forward, the continued collaboration and operational enhancements are expected to yield substantial benefits not just for the companies involved, but also for the broader market seeking sustainable and efficient thermal insulation solutions.

For further inquiries regarding this exciting development, reach out to Tor Einar Norbakk, CEO of Svenska Aerogel, who can be contacted at +46 (0)70 616 08 67 or via email at [email protected].

About Svenska Aerogel Holding AB:
Operating on the Nasdaq First North Growth Market, Svenska Aerogel is dedicated to advancing material science by embracing sustainable practices and innovative technologies. With a strategic focus on flexibility and adaptability, the company aims to meet and exceed market expectations and contribute positively to global sustainability efforts.