Itaconix PLC First EU Order for Latest Detergent Ingredient (1899L)
09 Settembre 2021 - 08:00AM
UK Regulatory
TIDMITX
RNS Number : 1899L
Itaconix PLC
09 September 2021
Strictly embargoed for 07.00: 9(th) September 2021
Itaconix plc
("Itaconix" or the "Company")
First European Order for Latest Plant-Based Detergent
Ingredient
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in
plant-based specialty polymers, is pleased to announce the first
shipment to an EU-based customer for its Itaconix(R) TSI(TM) 322
sustainable detergent polymer.
The new customer is an established and well-respected European
brand that is recognized by both the detergent industry and
consumers as a leader in product innovation, performance, and
sustainability. The Itaconix polymer is a key ingredient in a new
non-phosphate dishwashing detergent which the customer is expected
to have on European retail shelves by early 2022.
Itaconix(R) TSI(TM) 322 allows detergent formulators to meet
increasing consumer and retailer demands for sustainable products
without compromising on cost or performance.
John R. Shaw, CEO of Itaconix, said:
"Our Itaconix(R) TSI(TM) 322 polymer continues to gain momentum
as a key ingredient in North American dishwashing detergent
formulations. Replicating this success in Europe is an important
milestone we set for 2021, particularly as we experienced delays in
European formulation activity due to the Covid-19 pandemic. We are
delighted that an innovation leader in European dishwashing
detergents is adopting Itaconix(R) TSI(TM) 322 to meet the brand's
performance, price, and sustainability goals. This order further
validates the opportunity for Itaconix(R) TSI(TM) 322 to set new
standards for consumer value in an emerging generation of safer
detergent products."
- Ends -
Enquiries:
Itaconix +1 (603) 775 4400
John R. Shaw/Laura Denner
Belvedere Communications +44 (0) 20 3687 2756
John West/Llew Angus
finnCap +44 (0) 20 7220 0500
Ed Frisby/Abigail Kelly/Milesh Hindocha
- Corporate Finance
Andrew Burdis/Sunila de Silva - ECM
About Itaconix
Itaconix uses its proprietary plant-based polymer technology
platform to produce and sell specialty ingredients that improve the
safety, performance, and sustainability of consumer products. The
Company's current ingredients are enabling and leading new
generations of products in detergents, hygiene, and hair care.
Itaconix's contributions to the global low carbon economy are
recognised by the London Stock Exchange's Green Economy Mark.
www.itaconix.com
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