Itaconix PLC Order for Sustainable Detergent Ingredient (9721D)
25 Febbraio 2020 - 8:00AM
UK Regulatory
TIDMITX
RNS Number : 9721D
Itaconix PLC
25 February 2020
25 February 2020
Itaconix plc ("Itaconix" or the "Company")
New European Order for Sustainable Detergent Ingredient
Itaconix is pleased to announce that it has received its first
order from a second European customer for its Itaconix(R) CHT(TM)
122 bio-based detergent ingredient.
Similar to the Company's announcement in May 2019 of its first
European customer for Itaconix(R) CHT(TM) 122, the new European
customer is using the Itaconix polymer as a key ingredient in a new
non-phosphate detergent.
Itaconix(R) CHT(TM) 122 and the recently announced Itaconix(R)
TSI(TM) 322 allow formulators to meet increasing consumer and
commercial demands for sustainable products without compromising on
cost or performance.
John R. Shaw, CEO of Itaconix, stated: "The European
non-phosphate detergent market offers a substantial new revenue
opportunity for us. Every new customer further validates this
opportunity for our ingredients to provide the foundation for a new
generation of safer detergent products setting new standards for
performance, value and sustainability."
Ends
For further information please contact:
Itaconix +1 (603) 775 4400
John R. Shaw / Laura Denner
N+1 Singer +44 (0) 207 496 3000
Peter Steel / James Moat (Corporate Finance)
Tom Salvesen (Corporate Broking)
About Itaconix
Itaconix develops and produces bio-based ingredients that
improve the safety, performance and sustainability of consumer and
industrial products, with technology and market leadership
positions in non-phosphate detergents, odor control, and hair
styling.
www.itaconix.com
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END
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