The Leading Global Merchant Supplier of Elastomeric Solutions

Press Releases

Tracy Garrison named CEO of Excel Polymers LLC
Wed, 01 Dec 2010

Solon, OH - December 1, 2010 - Mr. Tracy Garrison is, as of December 1 2010, appointed CEO of Excel Polymers LLC replacing Mr. John Quinn who has retired.

Georg Brunstam, President and CEO of Hexpol comments "we thank John Quinn for his long and outstanding contribution to the successful development of Excel Polymers."

Tracy Garrison will continue in his role as CEO of Hexpol Compounding NAFTA.

For further information please contact:

Georg Brunstam

President and CEO

+46 (0) 708 551 251

Urban Ottosson

CFO/IR

+ 46 (0) 767 855 144

Tracy Garrison

President Hexpol Compounding NAFTA

+ 1 615 708 7855

HEXPOL is a world-leading polymer materials group with strong global positions in advanced polymer compounds (Compounding), gaskets for plate heat exchangers (Gaskets) and wheels made of plastic and rubber materials for truck and castor wheel applications (Wheels). Customers are primarily OEM manufacturers of plate heat exchangers and trucks, global systems suppliers to the automotive industry as well as medical device industry. The Group is organised in two business areas, HEXPOL Compounding and HEXPOL Engineered Products. The HEXPOL Group had, before the acquisition of Excel Polymers, about 2,300 employees in nine countries and rolling twelve monthly sales of approximately 3,400 MSEK. Read more at www.hexpol.com.

This press release may contain forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "plan" and "project" are intended to identify forward-looking statements. They may involve risks and uncertainties, including product demand and market acceptance, the effect of economic conditions, the impact of competitive products and pricing, foreign currency exchange rates and other risks. These forward-looking statements reflect the views of HEXPOL’s management as of the date made with respect to future events and are subject to risks and uncertainties. All of these forward-looking statements are based on estimates and assumptions made by HEXPOL’s management and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results or experience could differ materially from the forward-looking statements. HEXPOL disclaims any intention or obligation to update these forward-looking statements.

This press release consists of such information that HEXPOL AB (publ.) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on December 1.
This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The shares in HEXPOL AB have not been, and will not be, registered under the US Securities Act of 1993 (the "Securities Act"). Such shares may not be offered or sold in the United States (as such term is defined in Regulation S under the Securities Act) except pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offer of securities in the United States.

HEXPOL's acquisition of the global rubber compounding group Excel Polymers completed
Wed, 01 Dec 2010

Solon - December 1, 2010 - All regulatory approvals and contractual conditions for the transaction have been met and the acquisition has been completed as of November 30, 2010.

Excel Polymers is a leading global supplier of performance elastomer solutions, offering a comprehensive portfolio of compounded polymer materials, performance additives and technical know-how, mainly sold to rubber parts manufacturers.

Excel Polymers has an extensive breadth of compounding capabilities. The global production footprint consists of eight manufacturing facilities strategically located in the US, China, Mexico and the United Kingdom.

The company offers formulations and products to a number of end markets including general industrial, construction, automotive, printing, heavy machinery, oil&gas and consumer.

HEXPOL Group will through the acquisition of Excel Polymers have expertise and manufacturing presence in 9 countries with 24 manufacturing facilities and will be the world leading global rubber compounding group.

"With the acquisition of Excel Polymers we are improving our capabilities and manufacturing footprint in order to service our customers on global reach. Our customers will experience the combination of global reach and local personalized service as we reinforce our theme "think globally, act locally". We are excited about the enhanced technology resources, capabilities and competences. I am enthusiastic about finally being able to kick off the integration process and I am very much looking forward to work together with our new colleagues in Excel", says HEXPOL’s CEO Georg Brunstam.

Excel Polymers will be fully owned by HEXPOL and will be integrated and consolidated into HEXPOL’s business area HEXPOL Compounding as of November 30.

As previously communicated, HEXPOL plans to pursue a rights issue corresponding to approximately 550 MSEK as part of financing the acquisition of Excel Polymers. See the press release on October 18, 2010 for further information.

The acquisition price amounts to 213.7 MUSD on a cash and debt free basis. Purchase Price Allocations will be communicated as soon as the opening balance sheet is established.

For further information please contact:

EXCEL POLYMERS INTRODUCES NEW PRODUCTS TO ADDRESS HYPALON DISCONTINUATION
Fri, 04 Jun 2010

SOLON, Ohio – (June 4, 2010) – Excel Polymers Inc, has developed a family of solutions to address the market need for CSM-alternates. This fills the void created by DuPont Elastomers’ discontinuation of their Hypalon® product line of Chlorosulfonated Polyethylene polymers. For approximately a year, Excel has worked in close cooperation with customers to develop specific non-CSM solutions for a number of applications. Some of these new products have exhibited performance advantages over CSM based compounds. These field tested products are now available for sampling in NA, China and India.

Excel Polymers’ new product offering includes:

· High and Low durometer extrusion profiles

· High and Low durometer molded electrical connectors

· Molded high temperature and oil resistant connectors

· Hydraulic Hoses

· Industrial Roll Coverings

In addition to the current offerings, Excel’s Technical Team is working with customers to expand the product portfolio. Furthermore, Excel has access to a limited quantity of high quality CSM that can be used to develop products for critical applications.

Please contact Excel Polymers for samples or for technical support to develop Hypalon alternates.

Excel Polymers is the world’s leading provider of customized, high-performance compounded elastomer materials, roll compounds and efficiency-improving additives. End-use markets include transportation, consumer goods, industrial, construction, oil and gas, and roller markets. Excel Polymers is headquartered in Solon, Ohio, and operates plants in the United States, Mexico, Europe and China.

For more information, please visit www.excel-polymers.com.

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EXCEL POLYMERS UPS EQUIPMENT INVESTMENT
Mon, 01 Feb 2010

SOLON, Ohio – (FEBRUARY 1, 2010) – Despite the recent downturn in the economy, Excel Polymers has continued to invest significantly in its manufacturing operations. This investment enables Excel to continue to offer its customers custom mixing on the newest and most advanced equipment available in the marketplace.

In 2009, Excel Polymers replaced 4 mixers across its operations. The normal life span of a mixer is around 10 years with continuous use and proper maintenance. With the latest updates, over 80% of Excel’s active mixers have been in use less than 4 years.

In addition to the mixer investments, Excel Polymers also added gear pump straining capability to its Dyersburg, TN operations. The benefits of gear pump straining include:

· Providing ultra-clean compounds for Class A finish applications.

· Improved dispersion and compounding consistency.

· Elimination of excess heat, which often impacts scorch characteristics.

· High output consistency allows for tighter profile tolerances.

· Consistent output allows for precise cutting of rubber performs.

For more information, please visit www.excel-polymers.com.

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EXCEL POLYMERS LLC PURCHASES SPECIALIZED RUBBER PROCESSING BUSINESS OF CHASE ELASTOMER UK, LTD.
Thu, 13 Sep 2007

FOR IMMEDIATE RELEASE

SOLON, Ohio – (September 13, 2007) – EXLP Global UK, Ltd., a unit of Excel Polymers LLC, announces the purchase of the specialized rubber processing business of Chase Elastomer UK, Ltd. in Duckinfield, Cheshire. The new organization will be called Excel Polymers–UK, although the Chase Elastomer trade name will still be used.

The purchase represents another significant step in the development of a European strategy for Excel Polymers and follows the recent acquisition of the Vita-Calender business.

John Quinn, president and CEO of Excel Polymers, said, “As global leaders in rubber compounding, we clearly identified the synergy that exists between these organizations. We recognize and admire the long heritage of the Chase Elastomer organization. We are convinced our combined experience, technical strength and global strategy will allow our new business to exceed the demands of the markets we serve.”

Excel Polymers is the world’s leading provider of customized, high-performance compounded elastomer materials, roll compounds and productivity-enhancing additives. End-use markets include industrial, construction, oil and gas, transportation, consumer goods, and roller markets. Excel Polymers is headquartered in Solon, Ohio, and operates eight plants in the United States, Mexico, Europe and China. In December 2006, Excel Polymers announced a compounding Joint Venture with Mitsui in the Guangdong Province of Southern China. For more information, please see http://www.excel-polymers.com.

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Excel Polymers LLC Purchases British Vita's Calender Business
Mon, 23 Jul 2007

NEWS RELEASE
FOR IMMEDIATE RELEASE

Contact:
Hugo Sandberg
Senior Product & Marketing Communications Manager
Excel Polymers
(440) 715-7098
hugo.sandberg@excel-polymers.com

Chris Rini
Director, PR
AMG Advertising & PR
Cleveland, OH
(216) 621-1835
crini@accessamg.com

Excel Polymers LLC Purchases British Vita’s Calender Business

SOLON, Ohio – (July 23, 2007) – Excel Polymers LLC announces the purchase of Vita-Calender®, the specialized rubber processing unit of British Vita, based in Salford, UK. The acquisition, completed on July 16, will merge Vita-Calender with EXLP Global (UK) Ltd, the Rolls Business unit of Excel Polymers LLC, located in Mossley, UK. Both cities are suburbs of Manchester, UK.

The new organization, will be led by Edmund Dowdall, European Business Manager, formerly of British Vita. Tony Hallworth, currently Business Manager for EXLP (UK) will become a commercial manager in the new company. “As global leaders in rubber compounding, we clearly identified the synergy that exists between these two organizations,” said John E. Quinn, President and CEO of Excel Polymers LLC. “We will leverage our people’s knowledge, our mutual technology, our processes and sourcing capability for the benefit of our customers and the markets they serve.”

Vita-Calender specializes in industrial roller compounds, as does Excel. In addition, Vita brings calendered sheet and rotocure technology to the Excel Polymers global network of businesses. Vita is known for its quality and applications development capability and that, coupled with strong global distribution, gives the new company depth and reach.

“With the addition of Vita-Calender’s business capabilities into EXLP Global Ltd, we are now a global supplier with a leadership position in Europe, North America, and Asia,” explained Steve Chase, General Manager of Excel Polymers’ Rolls Business. “Vita-Calender’s reputation for quality, technology, and service fit our value proposition perfectly – enabling us to enhance the products and services we deliver to our customers.”

Excel Polymers is the world’s leading provider of customized, high-performance compounded elastomer materials, roll compounds and productivity-enhancing additives. End-use markets include industrial, construction, oil and gas, transportation, consumer goods, and roller markets. Excel Polymers is headquartered in Solon, Ohio, and operates eight plants in the United States, Mexico, Europe and China. In December 2006, Excel Polymers announced a compounding Joint Venture with Mitsui in the Guangdong Province of Southern China. For more information, please see http://www.excel-polymers.com.

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