Press Release NKT A/S

Vibeholms Allé 20
DK-2605 Brøndby
5 February 2020 Denmark

T: +45 43 48 20 00
www.nkt.com
NKT reduces its environmental footprint by the CVR 62725214
mechanical recycling of XLPE material

NKT recycles the material cross-linked polyethylene (XLPE) used for insulation of power
cables. For NKT, this is significant step in the ambition to reduce the carbon footprint of its
low-, medium- and high-voltage power cable solutions.

Power cables are the backbone of the global power grids being crucial to the transition to
renewable energy and the focus on sustainability in the power cable industry is constantly
increasing. As a leading power cable provider, NKT is continuously working to develop the
sustainability in the life cycle of the company’s portfolio. Now, NKT has successfully recycled
XLPE material as one of the first power cable companies minimizing the carbon footprint of
its solutions. The recycling process has been developed in a research project with the
Swedish research institute RISE IVF, AXJO Plastic and material specialist Borealis.

- I am proud that NKT leads the way in the recycling of material from power cable production
showing that recycling of XLPE is possible in an industrialised scale at our specialized
recycling facility in Stenlille, Denmark. With the recycling of XLPE from production sites in
Sweden, Denmark and Germany, we are taking a significant step in our ambition to decrease
the carbon footprint and ensure a sustainable lifecycle of our power cable portfolio, says
Alexander Kara, President and CEO in NKT.

During the past years, NKT has successfully industrialized the process of recycling XLPE in
close collaboration with AXJO Plastic which is now manufacturing robust cable drums from
the recycled XLPE material. The benefits of the recycling are clear. The material costs are
significantly reduced compared to new raw materials and approximately two tonnes of CO2
are saved for every tonne of recycled XLPE.

Sustainable XLPE material

For NKT, the mechanical recycling of XLPE is an initiative within the company’s focus on
driving sustainability in the power cable industry. As the XLPE insulation often accounts for a
substantial part of its power cables, NKT is working closely with material supplier Borealis to
discover and develop sustainable solutions with XLPE material for the power cable industry.

- A stronger focus on sustainability in our supply chain is a natural step when reducing the
overall carbon footprint of our power cables. With XLPE being an important material for our
high-performing power cables, I am satisfied to see a closer collaboration with our key
supplier Borealis to continue to drive sustainable XLPE solutions, says Alexander Kara.

Besides the focus on material recycling, NKT is running all its high-voltage factories on
100 % green electricity minimizing the overall carbon footprint of its portfolio of power cable
solutions.

Contact
Pelle Fischer-Nielsen, External Communications Lead, +45 2223 5870

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©AXJO Plastic
NKT has successfully industrialized the mechanical recycling of XLPE material in close collaboration with
AXJO Plastic. The Swedish company is now manufacturing robust cable drums from the recycled XLPE
saving both material costs and reducing the carbon footprint.

As one of the first power cable companies in the world, NKT now recycles XLPE material from its low-,
medium- and high-voltage production of power cables on its specialized facility in Denmark.

About NKT
NKT has pioneered the cable industry since 1891, and today we are still proactively meeting the world’s
constantly growing need for power. We achieve this with our unparalleled energy transportation expertise
and cost-effective manufacturing at the highest technological level, and with the regeneration of the
environment in sharp focus. We have a ‘glocal’ mindset rooted in trusted partnerships, and we firmly
believe that by working together we can shape the future and use our passion to bring power to life.

NKT is a global and recognized provider of turnkey AC/DC cable solutions with headquarter in Denmark.
We employ approximately 3,400 people, and realized a 2018 revenue of EUR 1.4 billion. NKT is listed on
Nasdaq Copenhagen. www.nkt.com

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