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First order to Croda for new odour control polymer
Tue, 7th Jan 2020 07:00
RNS Number : 9161Y
Itaconix PLC
07 January 2020
7 January 2020
Itaconix plc ("Itaconix" or "the Company")
Itaconix delivers first order of new sustainable odour control polymer to Croda
Itaconix (LSE: ITX) (OTCQB: ITXXF), a leading innovator in sustainable specialty polymers, is pleased to announce the delivery of the first order of ZINADOR™ 35L to Croda.
The Company announced in October 2019 an expansion of its global supply agreement in odour control products with Croda to include both ZINADOR™ 22L and 35L. The new ZINADOR™ 35L is a more concentrated version of Itaconix's proprietary polymeric complex that delivers performance and cost advantages in detergent and industrial applications.
John R. Shaw, CEO of Itaconix, stated: "The launch of ZINADOR™ 35L through our collaboration with Croda is a significant commercial milestone for us. I believe the performance and cost advantages available with ZINADOR™ 35L can generate new and broader use of our odour control polymers."