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Itaconix PLC - London-based functional polymers company - Production at the Stratham, New Hampshire facility is temporarily interrupted by water damage from severe rainstorms which took place during a roofing construction project.
Production is expected to recommence during December, and company still expects to meet all customer orders on time from existing inventories except for its Itaconix TSI 322 detergent polymer, which is expected to affect revenue over the coming weeks.
Current stock price: 6.20 pence
Year-to-date change: up sharply from 2.80p
By Dayo Laniyan; dayolaniyan@alliancenews.com
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