Member Info for AJP08

Hi Verny
What we were advise on the last trading update was unaudited, so I guess that this will be an audited set of results, would not have thought there would be much difference, if any.
I think what everyone is looking to is the presentation on Wednesday, to see where we are now and what is being projected for the future brings as regards revenues and product developments.
ATB
AJP

Hi Dougerboy
Think that one may be given a body swerve, unless there is an RNS released on this in the days before the event.
They will not want to either confirm or deny such a collaboration lol
ATB
AJP

Hi Molson
I can do, there may be some repetition, as regards other posters, but no harm in submitting them, they can weed out the ones that have been replicated, if I remember correctly they did that in the last presentation, where they put a top ten questions that were asked on a list.
ATB
AJP

Totally agree, nothing has changed as regards what has passed, it is what the future brings that is of interest.
Noted a few points below that I would like to get some sort of coverage/feedback on, in the upcoming event.

Confirmation that the supply of Itaconic acid is assured and there will no issues in meeting customer requirements going forward.
An update on Bio Asterix, will this become an addition to our income stream, do we have a take up by customers who are using this product or are we still in the development stages?

Are the other two product launches still going ahead this year?

Where are we as regards progress on the new odour control product that we are bringing to the market, do we know when this will become available?

Where are we as regards progress on the expansion into at least one new application as advised in the last update?

R & D update, how is this progressing and is there anything new in the pipeline to look forward to that can be advised?
We hear about Nouryon and Croda as regards partners, can we have an update as to what Solvay brings to the party?
What is the outlook for the second half of the year, are we seeing similar trends to previous years where we have a strong second half?

Are we seeing progress as regards our super absorbent polymers (Nappies, female/male Hygiene products etc)

I am sure that there are some more that I have missed, but an looking forward to seeing if there is a stark difference in the presentation now that we have Finncap in place.

Good movement today, good times ahead one feels
ATB
AJP

Hi all, do we have any chemists on the board that could advise on the following please.
Was doing a bit of searching yesterday and came up with the following.
INEOS are world’s largest producer of acrylonitrile
Is a derivative of the Itaconix product a green substitute for this?

https://www.ineos.com/businesses/ineos-nitriles/news/nouryon-and-ineos-nitriles-break-ground-on-new-facilities-in-germany/

INEOS Nitriles is the world’s largest producer of acrylonitrile, a vital raw material for products used in the automotive, home appliance, garment, carbon fibre and water purification sectors. The agreement is similar to an existing partnership between INEOS and Nouryon at their adjacent facilities in Lima, Ohio, United States.

https://patents.google.com/patent/EP3087109B1/en

The comonomers that may then be utilized include any vinyl type monomer that would be suitable for copolymerization, including, but not limited to acrylate monomers (such as methyl methacrylate, methyl acrylate, 2-hydroxyethyl acrylate, polyethyleneoxidediacrylate), vinyl acetate, vinyl halides, styrene, acrylamides, olefin monomers (e.g. ethylene or propylene) and acrylonitrile. In addition, the comonomers may include vinyl type anhydride monomers, such as maleic acid anhydride, itaconic acid anhydride as well as other acidic functionalized monomers, such as citraconic acid or measaconic acid (however, as noted herein, the levels of these latter monomers may require selected control of the concentration in the polymerization medium). Comonomers may also extend to water soluble type monomers, such as vinyl alcohol or vinyl acetate-vinyl alcohol mixtures.

ATB
AJP

Hi Chumba
Think that Covid played hell with all the dates last year.
Next RNS should be interesting.
ATB
AJP

Hi Chumba
Excuse my ignorance.
Is it not the half year results?
Do we think that there would be any significant differences between this and what we were advised in the last trading update?
Do you have any expectations?
Would be good if we could get an update on second half pick up so far and a forward looking statement?
ATB
AJP

sorry "INEOS"

Do not want to get a detention for bad spelling lol

ATB
AJP

Thanks, it would appear that our tie in with Nouryon encompasses many of their new products, as they remove the hydrocarbon components and substitute these with green ITX ingredients, this is right across the board in home care, personal care, paints, industrial dispersants, etc, etc, etc.
It is good that we uncover these links, but the thing that moves the markets is confirmation of our investigations via RNS, lots to look forward to in the coming weeks, months. Still think that we will get taken out at some point (hopefully once we have broken the 50p level), the earlier tie in with INEO, is this a possibility?
ATB
AJP

Not sure if this is of any relevance, but there appears to be a link with ITX/Nouryon and INEOS, wit a new plant due to be completed 2021/2022

Nouryon and INEOS Nitriles have broken ground on new facilities to be built at INEOS’ Köln site in Germany. The units will produce raw materials for Nouryon’s high-quality, readily biodegradable chelates, used in detergents and other industries. The plants are due to be completed in 2021-2022.

Demand for chelates has increased strongly following the European ban on phosphates in consumer automatic dishwasher detergents. Chelates are more sustainable than the phosphates they replace. INEOS will operate and maintain the new facilities as well as provide key raw materials.

https://ilbioeconomista.com/2020/03/11/nouryon-and-ineos-nitriles-joined-forces-to-produce-raw-materials-for-biodegradable-chelates/

https://ilbioeconomista.com/2019/01/17/nouryon-and-itaconix-join-forces-in-the-bio-based-polymers-sector/

“We are excited to expand the bio-based solutions we deliver to our customers by adding Itaconix’s proprietary polymers to our industry-leading product offerings in detergents”, Peter Kuijpers, General Manager Chelates and Micronutrients at Nouryon, said. “These polymers will generate new opportunities for our customers in key detergent applications, enabling greener formulations without compromises on technical performance”.

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Swings and roundabouts, what goes down, must go up lol.
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You could be on to something there.
https://www.unilever.com/brands/home-care/clean-future.html
ATB
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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

Excellent detective work Thordon.
What level for the SP if we get an RNS out on this ?
Will be absolutely massive, when you think about the applications.
ATB
AJP

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

Yet another link, big investor in ITX.
Chairman of Aquapak
https://www.linkedin.com/in/guy-broadbent-24047b6
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Excellent spot Thordon.
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On that page if you scroll down to the drop down box "Show Last" and select "all for today"
and then select page 2.
ATB
AJP

Hi All if you use this website.
https://www.londonstockexchange.com/stock/ITX/itaconix-plc/trade-recap?page=2
Scroll down and select all trades for today and you will be able to see the £150K trade (page 2)
ATB
AJP

Not sure if this helps, but this is how it was explained to me.
Apologies if this is not what you are after.
Market makers run a book so when say I buy 200,000 shares they only report the Buy trade and then get to work on the sell side which could take a while and on AIM that leads to delayed trades in order so that they can find sellers to match their book.
For every trade there must be a match and MMs have to be clever moving the bid/ offer up or down like a bookie to balance their books.
The market makers love volume and make their money on volatility .
A simple rule in the Stock Market is if there are more buyers than sellers the SP moves up and down if more sellers than buyers.
On AIM the swings can be extreme as MMs hold so few shares on their books and that is why we have crazy SP volatility on tightly held stocks on AIM with a small free float like in Itaconix .
The MMs to counteract the potential violent surge in demand only offer to trade in small sizes of 5,000/10,000 shares to protect their small books and will move up bid prices to elevated levels to match sells.
ATB
AJP