Business
First order to Croda for new odour control polymer
First order to Croda for new odour control polymer.
About this update from Itaconix Plc
[{"type":"text","content":"\n \nRNS Number : 9161Y Itaconix PLC 07 January 2020 \n\n7 January 2020 \nItaconix plc (\"Itaconix\" or \"the Company\")\nItaconix delivers first order of new sustainable odour control polymer to Croda\nItaconix (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.\nThe 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. \nJohn 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.\"\n \nEnds\nFor further information please contact:\n\n\n\nItaconix\n\n\n+1 (603) 775 4400 \n \n\n\n\n\nJohn R. Shaw / Laura Denner\n\n\n\n\nN+1 Singer\n\n\n+44 (0) 207 496 3000\n\n\n\n\nRichard Lindley / James Moat (Corporate Finance)\nMia Gardner (Corporate Broking)\n\n\n\n \nAbout Itaconix\nItaconix 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. \nwww.itaconix.com\n \nAbout Croda\nEstablished ...