Alexium reinforces its strong stance on the ESG front with new line
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
Innovative eco-friendly specialty chemicals producer Alexium International Group Limited (ASX:AJX) announced today the commercialisation of a new line of proprietary bio-based and biodegradable phase change materials for thermal management applications.
Beyond the environmental benefits, these products provide further performance enhancements and expand the range of applicable market segments for the Alexicool® portfolio.
This is consistent with management’s goal of positioning Alexium as an ESG-centric company with the combination of our bio-based PCM with the FR cotton sock and environmentally friendly flame retardants.
Additionally, with this announcement management has set the vision of the Alexicool portfolio now addressing a broader portion of the market with cost-competitive products.
Phase change materials (PCMs) are the key active material for the company’s Alexicool® products and are used in a range of consumer products, including bedding materials and activewear.
Competing on both quality and price point
The new bio-based PCM products were developed with corporate partners and leverage a range of insights gained from Alexium’s years of research and analytics in thermal management applications.
These benefits include certified bio-based and biodegradable PCMs, improved rates of activation to its active form, better handling during manufacturing and cost advantages relative to competing products.
Additionally, this platform will allow management to expand its portfolio to address a broader range of end products and to better meet customer needs.
Commenting on the significance of these developments, chief executive Bob Brookins said, “The need for eco-conscious and sustainable cooling products has grown significantly over the past two years.
‘’Developing the biobased PCMs was a natural outgrowth of our role as a solution provider for our customers.
“This new addition further expands our portfolio of environmentally friendly products, joining our FR cotton treatment for mattress socks and environmentally friendly flame retardants.
‘’Our innovations illustrate how eco-conscious products can be provided at a high performing and cost-competitive level.”
General Information Only
S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.
