Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Itaconix launches two new ingredients

(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.

Share this article

Related Sharecast Articles

Sajid Javid reportedly in talks to join Shein ahead of London IPO
(Sharecast News) - Singapore-based fast fashion retailer Shein has reportedly approached the former chancellor Sajid Javid about joining the company ahead of its rumoured listing on the London Stock Exchange.
Bradda Head reaches settlement over fraudulent payment
(Sharecast News) - North America-focussed lithium developer Bradda Head announced on Monday that it has reached a settlement agreement over the fraudulent payment initially reported on 29 March 2022.
SDI Group set to end year in line with forecasts
(Sharecast News) - Scientific digital imaging, sensing and control technology company SDI Group said in a trading update on Monday that, pending its final accounts and audit, it expected to report revenue of £65.9m for the year, in line with current market expectations, but slightly down from £67.6m in 2023.
Haydale Graphene lowers revenue expectations
(Sharecast News) - Haydale Graphene lowered its forecast for full-year revenue to £4.7m in a trading update on Monday, down from current market expectations of £5.8m, but still an increase from the prior year's revenue of £4.3m.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.