Last checked at 8 Jan 2020 07:00
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