Last checked at 5 Oct 2022 07:00
For RNS Reach release: 5 October 2022
Itaconix plc
("Itaconix" or the "Company")
Itaconix and Brenntag North America to Promote Sustainable Cleaning
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in plant-based specialty polymers used to decarbonise everyday consumer products, is pleased to announce a distribution program with Brenntag North America to promote sustainable cleaning in household, industrial and institutional ("HI&I") cleaning applications. Brenntag North America is a subsidiary of Brenntag SE, a global market leader in chemical and ingredients distribution.
Under the terms of the new distribution program, Itaconix and Brenntag North America will promote the performance, safety, and sustainability benefits of ITACONIX® cleaning polymers to Brenntag North America's existing base of over 2,000 HI&I customers in the United States, Canada, and Mexico. Itaconix will supply ITACONIX® cleaning polymers to Brenntag North America on a non-exclusive basis.
Jeff Carey, Vice President, HI&I, Americas for Brenntag, commented:
"Our customers are looking for safer and more sustainable ingredients for their cleaning products. We are excited to work with Itaconix to increase the solutions we have available for our customers to improve sustainability without compromising on product performance."
John R. Shaw, CEO of Itaconix, added:
"As we increasingly succeed with larger home care brands through our focused direct marketing efforts, we are seeing growing opportunities for our plant-based solutions in a broader range of cleaning applications. Brenntag North America has the market presence and technical support in the United States, Canada and Mexico to reach more HI&I customers with the performance, safety, value, and sustainability of our ITACONIX® cleaning ingredients. We are pleased to work with Brenntag North America to promote our plant-based solutions to more potential customers in a wider range of uses.''
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For further information please contact:
Itaconix plc | +1 603 775 4400 |
John R. Shaw / Laura Denner | |
Belvedere Communications | +44 (0) 20 3008 6867 |
John West / Llew Angus | |
finnCap | +44 (0) 20 7220 0500 |
Ed Frisby / Abigail Kelly / Milesh Hindocha (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM) |
About Itaconix
Itaconix uses its proprietary plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products. The Company's current ingredients are enabling and leading new generations of products in cleaning, hygiene, and beauty. Itaconix's contributions to the global low carbon economy are recognised by the London Stock Exchange's Green Economy Mark.
www.itaconix.com