Itaconix PLC Statement re Production Resumption (2691W)
21 Dezembro 2021 - 4:00AM
UK Regulatory
TIDMITX
RNS Number : 2691W
Itaconix PLC
21 December 2021
For release: 7:00am on 21 December 2021
Itaconix plc
("Itaconix" or the "Company")
Production Resumed after Storm Damage
Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in
plant-based specialty polymers used as essential ingredients in
everyday consumer products, is pleased to provide an update to the
4 November 2021 announcement regarding the temporary interruption
to operations due to water damage.
The Company was successful with interim measures to resume
production in the middle of November, with permanent repairs
scheduled to be completed in the coming weeks.
Itaconix has met and expects to continue to meet all customer
orders. The Company is working closely with one large customer on
minor delivery delays that will not impact the customer's operating
needs.
Itaconix has filed a claim with the relevant insurers to cover
the costs of both property damage and operational costs
incurred.
For further information please contact:
Itaconix plc +1 603 775 4400
John R. Shaw / Laura Denner
Belvedere Communications +44 (0) 20 3687 2756
John West / Llew Angus
finnCap +44 (0) 20 7220 0500
Ed Frisby / Abigail Kelly / Milesh Hindocha
(Corporate Finance)
Andrew Burdis / Sunila de Silva (ECM)
www.itaconix.com
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 contributions to the global low carbon economy are
recognised by the London Stock Exchange's Green Economy Mark.
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END
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