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Pin to quick picksItaconix Plc Share News (ITX)

Share Price Information for Itaconix Plc (ITX)

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Itaconix makes first delivery of 'Zinador 35L' to Croda

Tue, 07th Jan 2020 08:29

(Sharecast News) - Speciality polymers company Itaconix announced the delivery of the first order of 'ZINADOR 35L' to Croda on Tuesday.
The AIM-traded firm had announced an expansion of its global supply agreement in odour control products with Croda in October, to include both 'ZINADOR 22L' and 35L.

It said the new 35L product was a more concentrated version of its proprietary polymeric complex, that delivered performance and cost advantages in detergent and industrial applications.

"The launch of ZINADOR 35L through our collaboration with Croda is a significant commercial milestone for us," said chief executive officer John Shaw.

"I believe the performance and cost advantages available with ZINADOR 35L can generate new and broader use of our odour control polymers."

At 1344 GMT, shares in Itaconix were up 6.56% at 1.62p.
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