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Itaconix PLC will hunker down and keep production lines running says chief executive

John Shaw, Itaconix PLC ’s (LON:ITX) chief executive says it is doing everything it can to cope with the current unprecedented times.

Orders are coming, he says, especially for its dishwasher detergents with more people working at home.

Costs are being saved where it can, he adds, while it is looking to its shareholder base and the programmes announced by the UK and US governments to bolster its cash position.

No one has ever experienced the conditions caused by the coronavirus outbreak, he says, but the priority is to keep the production line running, fulfil the orders and come out of the other side of this pandemic.

Quick facts: Itaconix PLC

Price: 1.35 GBX

Market: LSE
Market Cap: £3.63 m

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