RCS - Itaconix PLC - Progress in Crop Production Field Trials

ItaconixAnnouncement

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RNS Number : 3241G  Itaconix PLC  01 June 2026

For release on Reach: 1 June
2026

Itaconix plc

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

Progress in Crop Production Field Trials for Plant-Based Polymers

Itaconix plc (AIM: ITX) (OTCQB: ITXXF), a leading innovator in
high-performance plant-based specialty polymers used in consumer products,
announces progress in its ongoing assessment of crop production applications
for its polymer technologies.

The Company has evaluated the potential use of its existing polymers in crop
production periodically over the past 15 years. The commercial goal is for the
polymers to improve the uptake and use of nutrients in plants during their
growth cycle. Prior work with potential collaboration partners and small-scale
internal studies have indicated some potential for achieving this goal.

Itaconix is evaluating a promising polymer this growing season with field
trials in the United States under the tradename BioVail™ GRZ™ 200L. The
Company is working directly with a small number of farms to assess the growth
benefits from the application of BioVail GRZ 200L on corn crops.  Full
quantification of plant growth results is expected after harvest.

If the results show potential benefits, then the Company will progressively
increase the size and scope of trials over the next few years to confirm and
substantiate claims to support full commercial efforts.

John R. Shaw, CEO of Itaconix, commented:

"Our polymer technologies have long shown technical potential beyond our core
consumer product markets, including applications in crop production. Early
work suggested there may be opportunities to improve plant growth through
nutrient delivery and uptake within plants. These initial field trials are an
important next step in evaluating performance under real agricultural
conditions. While this work remains at an early stage and will require
assessment over multiple growing seasons, we are encouraged to expand our
understanding of the broader capabilities of our plant-based polymers."

- Ends -

Enquiries:

Itaconix plc
                                                                                                                               +1
603 775 4400

John R. Shaw / Laura Denner

Rosewood
                                                                                                                       +44
(0) 207 653 8704

Financial PR

John West / Llew Angus / Lily Pearce

Canaccord
Genuity                                                                                                                         +44
(0) 7523 8000

Nominated Adviser and Broker

Adam James / Harry Pardoe

 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 detergents, hygiene, and
hair care. Itaconix's products contribute to the global low carbon economy.

www.itaconix.com (http://www.itaconix.com/)

 

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