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Itaconix bags second European customer for detergent ingredient

Itaconix CHT 122 allows formulators to meet increasing consumer and commercial demands for sustainable products without compromising on cost or performance.

Itaconix PLC -

Itaconix PLC (LON:ITX) has added a second European customer to its client base for its Itaconix CHT122 bio-based detergent ingredient.

The customer is using the Itaconix polymer as a key ingredient in a new non-phosphate detergent.

"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,” said John Shaw, the chief executive of Itaconix.

Quick facts: Itaconix PLC

Price: 1.35 GBX

Market: LSE
Market Cap: £3.63 m

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