RCS - Itaconix PLC - Croda expands agreement: sustainable odour control

ItaconixAnnouncement

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RNS Number : 1779R  Itaconix PLC  16 July 2025

For release on Reach: July 16,
2025

Itaconix plc

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

Itaconix and Croda Expand Supply Agreement for Sustainable Odour Control

Itaconix plc (AIM: ITX) (OTCQB: ITXXF), a leading innovator in plant-based
specialty polymers used to decarbonize everyday consumer products, is pleased
to announce a renewed global agreement with Croda Inc. ("Croda") in odour
control, extending and expanding a successful supply collaboration that began
in 2017 and was last renewed in 2022.

Under the terms of the new supply agreement, Itaconix is adding ZINADOR® 22D,
a new dry powder format, to the two current ZINADOR® products that the
Company produces for Croda to market and sell globally in home care
applications. The new dry form offers new market potential for the proprietary
ZINADOR® odour neutralizing ingredients, especially within laundry
applications where malodours are a major issue for consumers. The new
agreement also extends the term of collaboration to at least 2030 and updates
the terms and product specifications for ongoing market developments.

Neslihan Utkan, Managing Director North America, Consumer Care at Croda,
commented:

"We are expanding our global customer base for the ZINADOR® products as a key
part of our leadership position in sensory technologies and solutions. We see
attractive opportunities for further success with a broader product offering
as more brands and consumers seek safer and more sustainable performance
ingredients for effective odour control."

John R. Shaw, CEO of Itaconix, added:

"Our collaboration with Croda continues to bring the value of our odour
neutralization technology to more customers around the world. The addition of
ZINADOR® 22D offers even more opportunities for high-value usage,
particularly in powder detergents. I believe the expansion and extension of
our partnership with Croda will generate new levels of success in the coming
years."

- Ends -

Enquiries:

Itaconix plc
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603 775 4400

John R. Shaw / Laura Denner

Rosewood - Financial PR
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(0) 207 653 8704

John West / Llewellyn Angus

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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