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Itaconix PLC's John Shaw reports strong growth in revenues as it further extends cash resources

Itaconix PLC's (LON:ITX) John Shaw tells Proactive's Andrew Scott all of the work they've put in over the last five years to get its automatic dishwashing detergent polymer out in use has gone extremely well.

''We're going to have a new major national brand out on the market and in the stores within a matter of weeks and we expect great things from that''.

Shaw says they've reduced expenses and negotiated new payments terms with key customers and suppliers to further extend the company's cash runway.

 

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Quick facts: Itaconix PLC

Price: 1.38 GBX

LSE:ITX
Market: LSE
Market Cap: £5.97 m
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Itaconix PLC - Proactive One2One Virtual Event

Itaconix PLC's (LON:ITX) (OTCQB:ITXXF) John Shaw presents to investors at the Proactive One2One Virtual Conference. Itaconix PLC aims to be a leader in functional polymers that improve the safety, performance and sustainability of our customer’s products.

2 weeks, 2 days ago

2 min read