Alexium International Group Limited (AU:AJX) has released an update.
Alexium International Group Limited reported strong market interest and customer trials for their non-halogenated flame retardant (FR) technologies in Q4 FY24, amid regulatory changes banning certain materials in bedding. The company is diversifying its revenue streams by integrating its FR products into various customer projects and launching a new FR technology that addresses environmental concerns. Their strategy focuses on growth and diversification, with a team expansion in sales, marketing, and product development.
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