ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ITX Itaconix Plc

262.00
3.00 (1.16%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Itaconix Plc LSE:ITX London Ordinary Share GB00BPK3YZ68 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.00 1.16% 262.00 254.00 270.00 262.00 257.00 259.00 9,827 15:54:53
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 5.6M -2.46M -0.1826 -14.35 35.33M

Itaconix PLC Award from Frost & Sullivan

01/03/2023 7:00am

RNS Non-Regulatory


TIDMITX

Itaconix PLC

01 March 2023

For release on Reach: 07.00, 1 March 2023

Itaconix plc

("Itaconix", the "Company" or the "Group")

Enabling Technology Leadership Award from Frost & Sullivan

Itaconix plc, a leading innovator in sustainable plant-based polymers used to decarbonise everyday consumer products, is pleased to have received a Frost & Sullivan 2022 Enabling Technology Leadership Award.

Each year Frost & Sullivan presents these awards to companies across industries that have developed pioneering technology that not only enhances current products, but also enables the development of new products and applications. The awards also recognize the high market acceptance potential of recipients' technologies.

Frost & Sullivan's full announcement can be accessed here: https://www.frost.com/uncategorized/itaconix-applauded-by-frost-sullivan-for-enabling-companies-to-increase-their-sustainability-cost-effectively-and-improve-product-performance-with-its-bio-based-alternatives/

John R. Shaw, CEO of Itaconix, commented:

"Our business plan is to build a large, highly profitable specialty ingredients company around our plant-based technology platform and our ability to develop and sell high-value products from this platform. The first pillar of our business is our broad intellectual property for producing polymers around the multifunctionality of itaconic acid, which is recognized by our portfolio of 16 patent families.

"An equally important pillar to our current and future success is our rigorous process for developing and selling products that meet critical customer needs and can become key ingredients in new generations of consumer products based on safety, performance, and sustainability.

"We are pleased that our product development process is recognized by Frost & Sullivan's 2022 North American Enabling Technology Leadership Award in the Bio-Based Polymer Industry."

-Ends-

For further information please contact:

 
Itaconix plc                                    +1 603 775 4400 
John R. Shaw / Laura Denner 
Belvedere Communications                        +44 (0) 20 3008 6864 
John West / Llew Angus 
finnCap 
 Nominated Adviser & Broker                     +44 (0) 20 7220 0500 
Ed Frisby / Abigail Kelly (Corporate Finance) 
 Andrew Burdis / Sunila de Silva (ECM) 
 

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. Itaconix's contributions to the global low carbon economy are recognised by the London Stock Exchange's Green Economy Mark.

https://itaconix.com/

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAEANAPALNDEFA

(END) Dow Jones Newswires

March 01, 2023 02:00 ET (07:00 GMT)

1 Year Itaconix Chart

1 Year Itaconix Chart

1 Month Itaconix Chart

1 Month Itaconix Chart

Your Recent History

Delayed Upgrade Clock