Oxeon is a young research-based company which offers a unique spread tow fabric that consists of carbon fiber. The company has good potential for international growth with its own products. This is confirmed by the increase in net sales in 2012 by 11 percent.
Oxeon in Borås, Sweden, manufactures anf markets a spread of tow fabric that consists of carbon fiber instead of threads. The company, founded in 2003, has four patents in this field.
Oxeon's reinforced fabric is marketed under the brand TeXtreme® and is offered to customers in the composit industry that really need to reduce weight by up to 25-30 percent and still maintain, or improve, mechanical performance.
The spread tow fabric is used by customers such as Formula 1 stalls, Bauer tht make hockey sticks, Fanatic that makes windsurfing boards and snowboards and True Temper that develops advanced golf club handles. In 2012 one of the new products made of TeXtreme® was the lightest touring skies in the world manufactured by Swedish Ridea Skis.
Oxeon´s sales are almost exclusively exports. At the beginning of 2011 an office was opened in the US to get closer to customers in North America. In order to meet the upswing in demand Oxeon invested in higher production capacity in the autumn of 2010 and the beginning of 2011. Revolutionary technology was launched during the year which made it possible to manufacture of variants of TeXtreme® where the carbon fibre tows can be placed at any angle.