Nolato receives license to manufacture VHP products in China

Nolato has today received the domestic license required to manufacture VHP products in China, and consequently intends to resume production as soon as possible.

As stated in its published third-quarter report, Nolato assesses that total sales for its Integrated Solutions business area will be in the region of half a billion kronor.

As Nolato explained in a previous press release, in October the Chinese authorities introduced new regulatory requirements that include the manufacture of products in the Vaporiser Heating Products (VHP) area in China. As a result of this, Nolato has not manufactured any VHP products in China in October and until now.

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Contact

For further information, please contact:
Christer Wahlquist, President and CEO, +46 (0)705 804848
Per-Ola Holmström, CFO, +46 (0)705 763340, per-ola.holmstrom@nolato.com

About Us

Nolato is a Swedish group with operations in Europe, Asia, and North America. We develop and manufacture products in polymer materials such as plastic, silicone and TPE for leading customers within medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato’s shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the Industrials sector.  www.nolato.com/IR

This information is information that Nolato is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-12-05 08:14 CET.

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Nolato receives license to manufacture VHP products in China