For release on Reach: 07.00, 29 April 2024
Itaconix
plc
("Itaconix" or the "Company")
Launch of two new plant-based
performance ingredients
For household detergents and
cleaners
Itaconix (AIM: ITX) (OTCQB:
ITXXF), a leading innovator in sustainable plant-based
polymers used to decarbonise everyday consumer products, is
delighted to announce the launch of two new ingredients for
improving the performance of household detergent
formulations. The new products represent major advances in phosphate
replacement, with new multi-functional performance from plant-based
materials that are safe for the environment.
Itaconix® TSI® 422 is the latest and
most advanced addition to Itaconix's revolutionary line of
multi-functional ingredients for eliminating the detrimental
effects of hard water in detergent and industrial applications.
Itaconix TSI 422 extends the performance advantages of the
industry-leading Itaconix TSI 322, particularly in dishwashing
detergents. Major benefits include better scale inhibition
and more compact dosing while maintaining high plant-based
content.
Itaconix® ONZ™ 405 is a new powder
version of Itaconix's innovative line of liquid plant-based
ingredients that add both fast-acting odour neutralisation and
excellent scale inhibition to detergents and cleaners. The new
powder form extends the potential for new performance claims into
important consumer product categories such as powder laundry
additives and plastic-free detergent concentrates.
Commenting on the results, John R. Shaw, CEO of Itaconix
said:
"Itaconix ingredients are enabling new generations of safer
consumer products with new performance, better cost efficacy, and
increased sustainability. Our new products show our commitment to
delivering continuous innovation that benefits everyday products,
consumers, and the environment."
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Itaconix plc
John R. Shaw / Laura
Denner
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+1 603 775-4400
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Belvedere Communications
John West / Llewellyn
Angus
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+44 (0)20 7653 8702
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Canaccord Genuity - Nominated Adviser and Sole
Broker
Adam James / Harry Pardoe
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+44 (0) 20 7523 8000
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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.
www.itaconix.com
