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Australian chemical developers Alexium have signed a Memorandum of Understanding with manufacturing company Israel Solutions (ICL).

The MuO covers the global commercialisation and distribution of the textile treatment. The Alexiflam NF product is a flame retardant application for textiles and fabrics.

Alexium’s Alexiflam NF model offers manufacturers a stronger and simpler solution of applying flame retardancy to textiles and fabrics than current products.

As part of the agreement, ICL has been granted sole global marketing and sales rights of the Alexiflam NF product. This MoU provides a framework of further commercialisation of Alexium’s other products.

Previously in 2016, Alexium began to sell its products to the European market. This MoU with ICL will help Alexium distribute its products to the American and Asian markets.

Alexium CEO Bob Brookins expressed faith in ICL representing the products on a global scale due to its extensive existing portfolio of clients and products.

“We are excited by the potential we see in leveraging Alexium’s unique, proprietary chemistry for the FR treatment of cellulosic materials with the efficiencies afforded by ICL’s unrivalled global manufacturing, marketing, and sales distribution infrastructurem,” he said.

Brookins added that the Alexiflam NF technology can go beyond application to textiles and fabrics and that ICL will help accelerate that development.

Please see the announcement attached.

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