FYI - Details of Agreements21 Nov 2018 01:48
FYI on ITX agreements in 2018
Itaconix PLC Licence and assignment agreement with tremco
Itaconix is pleased to announce it has licensed certain non-core polymer assets developed under a joint development agreement to tremco illbruck Limited (tremco illbruck), an RPM International Inc. company. Expect revenue
Itaconix PLC Joint marketing effort defined with AkzoNobel
Itaconix is pleased to announce that following a successful technical and regulatory evaluation, AkzoNobel's Chelates' business has formally notified Itaconix of its intention to enter into a joint marketing effort related to Itaconix's innovative bio-based chelates for use in the consumer and industrial detergents and cleaners markets.
"both parties target to complete final agreements before the end of 2018. The goal is to establish a strong multi-year relationship to deliver Itaconix's innovative bio-based chelates to customers worldwide, thereby supporting the development of high performance, sustainable, consumer products using Itaconix technology."
"This is the first commercial step in our joint development agreement to collaborate on delivering valuable solutions to AkzoNobel customers with the novel performance of our polymers. We are excited to further strengthen our relationship with AkzoNobel and look forward to combining their deep application knowledge with our unique chemistries to build key product positions in these large and important market"