London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Looking at Guy's bio on the Aquapak site he is described as follows.
Guy has held board positions at a number of successful private equity and venture backed companies and is currently on the board of Aurora Plastics and Paragon Films. Guy is an Executive Advisory Partner with Wind Point Partners and, through his company Vector Advisors, he also provides advice, executive coaching and investment to a number of other companies.
It could be that his holding in Itx is one of many such holdings alongside Aquapak. I agree though that its very intetesting and has the potential to be much much more.
Fingers crossed there is a collaboration happening.
Hi guys, I’ve been doing a little more digging here. Aquapak is a wholly owned and only subsidiary of Aquapak Hydropolymers Ltd., which has been funding the heavily loss making Aquapak for a number of years. The question is, who has the deep pockets in the holding company/where is the cash coming from? Well, one of the Holding Co.s non execs is Richard McAlpine - part of the Sir Robert McAlpine construction dynasty. All this is publicly available from companies house. This is all irrelevant if there is no connection between Itaconix & Aquapak, but - and I’m with Thordon on this - given Guy Broadbent’s involvement, his shareholding in Itaconix gives him an investor’s route into that relationship - if it exists - which he doesn’t have at Aquapak, presumably because it is a private company. The very deep pockets behind Aquapak are obviously onto something. I wonder if Richard McAlpine has invested in Itaconix?
Too many large transactions going through lately for there not to be something about to be released. Holding very tightly onto my shares, very interesting times ahead, if this all comes together. ATB AJP
If a betting person would put this at 90% that the two are working together , shows why this has been kept under wraps. All disposable takeaway foods and drinks that cause pollution will be made of this product. Also paper straws are a waste always fall apart
Estimated worth around the world would be upper billions , if ITX gets 5% of each product that's a game changer
The Company’s initial focus will be on targeting the biodegradable plastics market where the new BIO*Asterix additives have had positive results in early field trials with potential customers. The BIO*Asterix additives can add valuable properties or overcome performance deficiencies that currently limit the use of biodegradable plastics.
Taken from Aquapac web site - main point - Fits in with ITX statement
Studies have also shown that PVOH in combination with other synthetic and/or natural materials is biodegradable. In fact, the degradation mechanisms for PVOH have been fully studied and the pathway has been established as: first, random chain scission of the polymer molecule to acetic acid; and second, the oxidation of the acetic acid to carbon dioxide and water. It is thus obvious that the final biodegradation products of PVOH are very innocuous compounds.
This is getting exciting , reading all formats on BIO*Asterix it would appear to be easy constructed formula , in other words does not need ITX factory to specially produce. This would therefore be licenced out , this would replace all disposable plastic with BIO*Asterix on paper and cardboard. If other researchers can clarify then this would make ITX a world leader in bio plastic.
Exciting times ahead if we have managed to get a foothold into the bio-degradable plastics market. Is this one of the reasons for some of the large trades that have been going through lately ? Time will tell, would be nice to get some sort of update from ITX on progress, cannot be too far away. ATB AJP
aquapakpolymers are making a thin film over paper or card board - DS Smith are one of the potential customers
10 February 2020
Itaconix plc ("Itaconix" or the "Company")
New BIO*Asterix™ Product Line
Itaconix, a leading innovator in sustainable specialty polymers, is pleased to announce its BIO*Asterix™ line of functional additives based on a new range of bio-based chemistries derived from itaconic acid. The Company developed the new BIO*Asterix™ additives over the past three years for a wide range of potential uses, ranging from biodegradable plastics to decorative paints. The Company plans to launch its new product line in stages over the next two years.
The Company's initial focus will be on targeting the biodegradable plastics market where the new BIO*Asterix additives have had positive results in early field trials with potential customers. The BIO*Asterix additives can add valuable properties or overcome performance deficiencies that currently limit the use of biodegradable plastics.
Dr. Yvon Durant, CTO of Itaconix, stated: "The new BIO*Asterix product line leverages our success at meeting customer needs with our understanding of itaconic acid chemistries. I believe industry and academic researchers will find value both in the unique functionality of the chemistries and in our expertise in realizing the unique value of these products."
John R. Shaw, CEO of Itaconix, added: "BIO*Asterix represents a broad new frontier for Itaconix and the value of itaconic acid chemistries. We are confident from the early success of customer trials that our new BIO*Asterix products will become key additives in numerous applications and generate new revenues in the years to come. We look forward to reporting progress as our efforts advance."