Itaconix Share Discussion Threads

[russ42] 19/9/2021 19:04

1Liam you have posted on the wrong board. The eua board is where you should have posted

[purchaseatthetop] 19/9/2021 18:36

yes....hydropol is food safe:



Page 11: All materials used have excellent environmental credentials and are food safe.

[2350220] 19/9/2021 18:14

I'd just like to say Thank you all so much for the fascinating and detailed investigations you're all carrying out.
Truly amazing work.
And it all points to very exciting times ahead.
John

[1liam] 19/9/2021 17:52

drop to continue this coming week.

[cooltools] 19/9/2021 17:50

Is there mention anywhere of the bio-degradable plastic replacement being food-safe?

For example (from tetrapak) "Tetra Pak cartons are primarily made from paper. 75% of the Tetra Pak carton is made from paperboard, 20% of polyethylene and 5% of aluminium. These three materials are layered together using heat and pressure to form a six layered armour which protects the contents from light, oxygen, air, dirt and moisture."

My understanding (correct me if wrong) is that Aquapak Polymers make (not necessarily for Tetrapak, of course) the equivalent to the polyethylene layer.

Removing the polyethylene layer (and possibly/later the aluminium layer) would make it maybe not only recyclable, but even compostable, which would be truly "green" and amazing.

This stuff takes me back to the 1978 when I had a degree placement at Metal Box research facilities where they were investigating exactly this stuff (with polyethylene of course) - as an alternative to tin cans!

[geraldus] 19/9/2021 15:44

Aquapak are small,their larger partner is in the UK,DS Smith and they are being stalked by the mighty Mondi.A proper viable and affordable bio degradable packing solution would be a great headliner.Must be due some news soon.

[purchaseatthetop] 19/9/2021 15:02

Further Hydropol thoughts. The RNS of 4.3.20 clearly refers to Aquapak and Hydropol or a new variant of it. I increase my chance of ITX being involved to very high. JS has stated that Asterix materially improves the functionality of the new technology much like it does for the detergents and other products we know of.

If this is correct, and if Aquapak is going to release a new green fibre packaging line that enables the horror of one use non biodegradeable packaging to be eliminated then the sky is the limit for ITX. One RNS and we are in the pounds not pence. Pure speculation but reading the Aquapak site and reports they are either close or have achieved the objective.

Once again...thanks Thordon for bringing this back to our attention. I have found a patent that mentions Hydropol for laminating that was filed in April 2021 EPC1617994A4 that might be relevant. It means that polyeurathane foam could be recycled such as coffee cups. Not sure if it is relevant but who knows.

[purchaseatthetop] 19/9/2021 14:06

OK....here is an article in Packaging Insights dated 6/5/21:



"Aquapak is currently working on combinations with existing materials and emerging bio-based and cellulosics to “give a whole new spectrum of functional, circular economy polymers,” continues Williams".

The original RNS stated 2 years to develop and we are getting near that. I am pretty sure that ITX is working with Aquapak. They look like they are getting close to a may to attach the Hydropol to any fibre packaging item to allow the whole thing to be green and eliminate plastics.

Unbelievably interesting. Whether ITX is actually involved is uncertain but I would say greater than 50%. All IMO only.

[thordon] 19/9/2021 11:14

Taken from ITX site

The Company’s initial focus will be on targeting the biodegradable plastics market where the
new BIO*Asterix additives have had positive results in early field trials with potential
customers. The BIO*Asterix additives can add valuable properties or overcome performance
deficiencies that currently limit the use of biodegradable plastics.

hxxps://itaconix.com/wp-content/uploads/BIO-Asterix-introduction-9-February-2020-FINAL.pdf

[thordon] 19/9/2021 11:03

Taken from Aquapac web site - main point - Fits in with ITX statement

Studies have also shown that PVOH in combination with other synthetic and/or natural materials is biodegradable. In fact, the degradation mechanisms for PVOH have been fully studied and the pathway has been established as: first, random chain scission of the polymer molecule to acetic acid; and second, the oxidation of the acetic acid to carbon dioxide and water. It is thus obvious that the final biodegradation products of PVOH are very innocuous compounds.

hxxps://www.aquapakpolymers.com/2019/11/26/independent-article-on-the-uses-and-benefits-of-polyvinyl-alcohol-in-packaging/

[purchaseatthetop] 19/9/2021 09:03

I wonder if Bio Asterix is already being used in the aquapak film product? Broadbent who is Exective Chairman of that company (and major shareholder of ITX) clearly has a strategy for buying Green IP. It would be entirely logical that they are following the combination of the aquapak and ITX IP to deliver a truly non-environment damaging packaging process.

I will look further and thanks Thordon for bringing this back to the table. Much to consider.

[geraldus] 19/9/2021 08:16

I like the way Dr Durant describes BIOAsterix* as unique.It would seem to me it is possibly providing formulators with the missing link to produce something that is fully bio-degradable.To be a critical part in this development would put them in a different league.

[thordon] 18/9/2021 23:16

This is getting exciting , reading all formats on BIO*Asterix it would appear to be easy constructed formula , in other words does not need ITX factory to specially produce.
This would therefore be licenced out , this would replace all disposable plastic with BIO*Asterix on paper and cardboard.
If other researchers can clarify then this would make ITX a world leader in bio plastic.

[purchaseatthetop] 18/9/2021 16:07

BTW...it is another share but take a look at ENET I am as heavily in there as ITX and it is about to explode like ITX did at 1.7p. Their IP moat is as huge, deep and shark filled as ITX IP. I only invest in IP massive protected products.

Apologies for the mention but some might be interested.

[purchaseatthetop] 18/9/2021 16:05

Christ almighty thordon...you are right. This might help solve the problem of real green packaging. We have occasionally discussed this RNS but it has been forgotten recently. The new green tetrapak?

[thordon] 18/9/2021 14:14

This all fits in

aquapakpolymers are making a thin film over paper or card board - DS Smith are one of the potential customers

10 February 2020

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

New BIO*Asterix™ Product Line

Itaconix, a leading innovator in sustainable specialty polymers, is pleased to announce its BIO*Asterix™ line of functional additives based on a new range of bio-based chemistries derived from itaconic acid. The Company developed the new BIO*Asterix™ additives over the past three years for a wide range of potential uses, ranging from biodegradable plastics to decorative paints. The Company plans to launch its new product line in stages over the next two years.

The Company's initial focus will be on targeting the biodegradable plastics market where the new BIO*Asterix additives have had positive results in early field trials with potential customers. The BIO*Asterix additives can add valuable properties or overcome performance deficiencies that currently limit the use of biodegradable plastics.

Dr. Yvon Durant, CTO of Itaconix, stated: "The new BIO*Asterix product line leverages our success at meeting customer needs with our understanding of itaconic acid chemistries. I believe industry and academic researchers will find value both in the unique functionality of the chemistries and in our expertise in realizing the unique value of these products."

John R. Shaw, CEO of Itaconix, added: "BIO*Asterix represents a broad new frontier for Itaconix and the value of itaconic acid chemistries. We are confident from the early success of customer trials that our new BIO*Asterix products will become key additives in numerous applications and generate new revenues in the years to come. We look forward to reporting progress as our efforts advance."

Ends

[the ghost who walks] 18/9/2021 12:53

What u think Thor don?

[thordon] 18/9/2021 12:31

Interesting piece below also links with John Shaw on Linkin

Worth investigation

hxxps://www.aquapakpolymers.com/technical/
Investment in ITX 4.12% Guy Broadbent 18,275,000 $1.7m Chairman of Aquapak

[thordon] 18/9/2021 12:25

This one is interesting as well

hxxps://www.solugen.bio/

[cooltools] 18/9/2021 12:13

thanks, but whereabouts on that site?

[thordon] 18/9/2021 12:03

Interesting piece below also links with John Shaw on Linkin

Worth investigation

hxxps://www.aquapakpolymers.com/technical/

[andyview] 17/9/2021 19:18

Chunky 2.7 mil buy went through earlier I just noticed.

Gla

[purchaseatthetop] 17/9/2021 17:49

2350220.....it is a false UT price. Just ignore it. We will open at the trading price on Monday (unless we get news at 7am).