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Pin to quick picksItaconix Plc Regulatory News (ITX)

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New patent issued for detergent compositions

8 Jan 2020 07:00

RNS Number : 0643Z
Itaconix PLC
08 January 2020
 

8 January 2020

Itaconix plc ("Itaconix" or "the Company")

Itaconix receives new patent for detergent compositions

Itaconix (LSE: ITX) (OTCQB: ITXXF), a leading innovator in sustainable specialty polymers, is pleased to announce that the US Patent and Trademark Office has formally issued a new patent to the Company for the composition of detergents containing Itaconix's novel bio-based polymers.

 

This new patent provides the Company an additional layer of intellectual property protection for the unique value of Itaconix polymers in non-phosphate automatic dishwashing detergents. In addition, the new patent extends the Company's proprietary position in key detergent compositions to 2037.

 

John R. Shaw, CEO of Itaconix, stated: "This patent is an important piece to our development and launch of a new generation of automatic dishwashing detergents in North America and Europe with uncompromising performance, lower costs, and increased sustainability."

 

Ends

For further information please contact:

Itaconix

+1 (603) 775 4400

 

John R. Shaw / Laura Denner

N+1 Singer

+44 (0) 207 496 3000

Richard Lindley / James Moat (Corporate Finance)

Mia Gardner (Corporate Broking)

 

About Itaconix

Itaconix plc (LSE: ITX) is a leading innovator in bio-based functional ingredients for improving the safety and performance of homecare, personal care, and industrial products. Its proprietary polymer technology generates a growing range of new ingredients with unique functionality that meet consumer demands for value and sustainability.

www.itaconix.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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