Itaconix (ITX)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

142.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 263.00
  • 52 Week Low: 114.00
  • Currency: UK Pounds
  • Shares Issued: 13.49m
  • Volume: 6,800
  • Market Cap: £19.22m

Itaconix launches two new ingredients

By Josh White

Date: Monday 29 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Plant-based polymer specialist Itaconix announced two new ingredients on Monday, designed to enhance the performance of household detergent formulations.
The AIM-traded firm said the first of the innovations, 'Itaconix TSI 422', was the latest advancement in its line of multi-functional ingredients tailored to address the challenges posed by hard water in detergent and industrial applications.

Building on the success of the TSI 322, it said TSI 422 offered enhanced performance, particularly in dishwashing detergents.

Key benefits included improved scale inhibition and more efficient dosing, while maintaining a high plant-based content.

The second product, 'Itaconix ONZ 405', introduced a powdered version of Itaconix's liquid plant-based ingredients.

It said ONZ 405 delivers rapid odour neutralisation and scale inhibition, expanding the potential for new performance claims in essential consumer product categories such as powder laundry additives and plastic-free detergent concentrates.

"Itaconix ingredients are enabling new generations of safer consumer products with new performance, better cost efficacy, and increased sustainability," said chief executive officer John Shaw.

"Our new products show our commitment to delivering continuous innovation that benefits everyday products, consumers, and the environment."

At 0921 BST, shares in Itaconix were up 7.84% at 165p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Itaconix Market Data

Currency UK Pounds
Share Price 142.50p
Change Today -2.50p
% Change -1.72 %
52 Week High 263.00
52 Week Low 114.00
Volume 6,800
Shares Issued 13.49m
Market Cap £19.22m

Itaconix Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.95% below the market average17.95% below the market average17.95% below the market average17.95% below the market average17.95% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
32.67% below the market average32.67% below the market average32.67% below the market average32.67% below the market average32.67% below the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Income Not Available
Growth
50.41% above the market average50.41% above the market average50.41% above the market average50.41% above the market average50.41% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average

Itaconix Dividends

No dividends found

Trades for 19-Jul-2024

Time Volume / Share Price
15:35 1,250 @ 144.00p
15:35 1,250 @ 144.00p
15:33 2,480 @ 144.00p
14:57 1,820 @ 141.21p

Itaconix Key Personnel

CEO John Shaw
CFO Laura Denner

Top of Page