Itaconix PLC - Order for Sustainable Detergent Ingredient
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® CHT™ 122 bio-based detergent ingredient.
Similar to the Company's announcement in
Itaconix® CHT™ 122 and the recently announced Itaconix® TSI™ 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."
For further information please contact:
+1 (603) 775 4400
John R. Shaw / Laura Denner
+44 (0) 207 496 3000
Peter Steel / James Moat (Corporate Finance)
Tom Salvesen (Corporate Broking)
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.
This information is provided by RNS, the news service of the
Quick facts: Itaconix PLC
Market Cap: £3.51 m
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