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FRX Innovations and LANXESS signed a memorandum of understanding to evaluate contract manufacturing of FRX's NOFIA® products, potential production of a patented raw material, and exploration of marketing by LANXESS. The MOU was announced on 23 August 2023.
FRX Innovations entered into a non-binding MOU with Polymer Compounders to supply over $10 million of Nofia flame retardant additives, with deliveries starting in Q4 2022 and ramping up through 2024.