Member Info for dougerboy

Well retrieved info AJP!

Cheers

DB

On adding plant capacity, I remember John Shaw saying a couple of years back, fully loaded existing factory capacity would equate to ca. $15M sales value AND the cost of replicating that capacity - when the time came - at ca. $400-$500K was not prohibitive. What costs are precisely contained in that number, would be up for debate!

Great summary DFV and enjoyed listening to ITX Chairman. Buying 10 dishwashers to get your OWN teeth into deep application understanding is a new insight into how ITX are able to value sell. So I now wonder how many boxes of Pampers they have already gone through?! Maybe my next question for John at next Investor Update!

Hi Elsol, I understand all that, but the practicalities & detail of going from, say $10M in 2025 to $100M in 2030 had better be worked out, via product roadmaps, target customers & markets, not forgetting commensurate plant capacity and sufficient raw material delivery (it’ll need to be a lot more than one container per month). John knows all of that, and the signs on staffing up etc. are there, which is good.

Thanks Smart. I’ll take a look . Hope you got on ok with FTC - I wish I’d put more in there. Hopefully ITX will finally start going like a steam train. Your question to/for John: „how do we get to $100M in 5 years ?“ is a very good one. It’s an ambitious (profitable!) growth challenge. Hopefully one which can be met.

Yes, a steady as she goes progress report. One gets the feeling there is a lot of future stuff, mentioned in the past (eg. Superabsorbents, paint, etc.) , going on in the background and which is itching to get out of the blocks. Hopefully some NPD info releases will come our way soon.

Keep em coming AJP. You seen any more import data for December coming in?

That is a great find AJP. Having lived in Germany, I can tell you that dm is THE go to household, toiletry etc. chain in Germany. They are huge and everywhere.

An earlier move to profit would be highly welcome indeed, after the long wait.

I (need to) remind myself from time to time just how much potential and chemistry/chemical engineering knowledge resides within the know-how and IP of the company. They are also highly knowledgeable about the making of the Itaconic Acid raw material, as this older link reminds us:

https://portal.nifa.usda.gov/web/crisprojectpages/0220209-development-of-integrated-production-of-polyitaconic-acid-from-northeast-hardwood-biomass.html

Lol best post I’ve seen for a while gribbler. Tomorrow is Monday 6th Jan, for the whole day. Another day closer to euphoria or disappointment (been here ages, hardly ever post, hoping for the former)

Hopefully in time it’ll go a LOT higher. The highest it’s been in the recent past is ca. 800p in new money. Or x5 the current market cap of £22M. Building a company with a market value of £150M from where we are now will take a bit more time yet. The direction of travel is good, though.

Interesting info Smart, especially the Brenntag. From memory, Itaconix & Brenntag signed a distribution agreement a couple of years back, so here‘s hoping that and other channels are pushing us over the breakeven line.

DB

that is a good find ajp. i like this passage in particular:

„ suitable polycarboxylate polymers include polyacrylate ****polymer having a molecular weight of from 4,000 da to 9,000 da, or from 6,000 da to 9,000 da. other suitable carboxylate polymers include copolymer of acrylic acid (and/or methacrylic acid) and maleic acid having a molecular weight of from 50,000 da to 120,000 da, or from 60,000 da to 80,000 da. the polyacrylate ****polymer and copolymer of acrylic acid (and/or methacrylic acid) and maleic acid are commercially available as acusol 445 and 445n, acusol 531, acusol 463, acusol 448, acusol 460, acusol 465, acusol 497, acusol 490 from dow chemicals, and as sokalan cp 5, sokalan cp 7, sokalan cp 45, and sokalan cp 12s from basf. suitable polycarboxylate polymers also include polyitaconate ****polymers, such as itaconix® dsp 2ktm sold by itaconix, and amaze sp available from nouryon.“

our polymers getting mentioned alongside dow & basf - except theirs are acrylate based - in a p&g patent application.

wow.

happy new year all lth‘s

db

It’s all here UC. Note the CAS Number. Wherever you find that (loads) it means Itaconix produced & patented product.

https://itaconix.com/hubfs/assets/resources/sds%20eu/SDS-Itaconix-DSP-2K-rev-EU-1.5.pdf?hsLang=en

And ex E2V, where our previous CEO Richard Gibbs (top guy) was. They will know each other. Looks like a sound move.

Hi Elsol, 400p is only 8p in old money - we‘ve been much higher than that in the post. So I’m hoping for a more stellar trajectory than that.

Nice one Elsol! Now the Xmas quiz question: who remembers what level of annual sales equates full plant capacity?

The one pound party? Based on what numbers precisely?

Thanks Monteacute. Since we‘re now on subject, „Christmas Dream“ is a lovely Christmassy song sung by Perry Como and theme song from a great film called The Odessa File.

John Shaw, if you read this blog occasionally, Put the song on at home and give your shareholders some Christmas Cheer! ATB for 2025.

That would be a nice Christmas present CV: an Itaconix RNS to restate FY2025 expectations including a maiden profit and major collaborations with Unilever, P&G, Bayer, DSM, DuPont et al.

That’s my Christmas Dream. Maybe not this Christmas though lol

DB