Itaconix PLC First Order for New Use in Sustainable Fashion
22 Diciembre 2021 - 1:00AM
RNS Non-Regulatory
TIDMITX
Itaconix PLC
22 December 2021
For release at 07.00, 22(nd) December 2021
Itaconix plc
("Itaconix" or the "Company")
First Order for New Use in Sustainable Fashion
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in
plant-based specialty polymers used as essential ingredients in
everyday consumer products, is pleased to announce the first
customer order in a new potentially major application for its
Itaconix(R) DSP 2K(TM) polymer.
The new customer is a leading European supplier to companies
that produce materials for the fashion and related industries. As a
plant-based alternative to fossil-based polymers currently used in
the production process, the Itaconix polymer is expected to create
new opportunities for consumers to buy more sustainable
products.
John R. Shaw, CEO of Itaconix, said:
"We see broader application potential for our Itaconix(R) DSP
2K(TM) polymer beyond its current use in detergents. Although this
is a small order for initial production for end customer sampling,
this new application validates the opportunity for our plant-based
polymers to set new standards for performance and sustainability in
an emerging generation of consumer 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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