The specialty chemicals firm reported record half-year revenues, with a 73% increase to $4.8 million. Gross profit rose 55%, and operating losses narrowed, indicating progress towards profitability.
The specialty chemicals company Itaconix will release its interim results on 15 September and hold an investor presentation on the same day.
The specialty chemicals company has announced changes to its major shareholdings.
The specialty chemicals company reported record half-year revenues, driven by strong demand for its plant-based products across cleaning, hygiene, and beauty markets. The firm also launched a new product line targeting the paints and coatings sector.
The specialty chemicals company has expanded its global supply agreement with Croda, adding a new product format and extending the collaboration to at least 2030.
The specialty chemicals company has launched a new line of plant-based functional building blocks for polymeric binders used in paints, coatings, and adhesives.
The specialty chemicals company has announced a change in director shareholdings.
The specialty chemicals company has announced the details of its upcoming Annual General Meeting.
The specialty chemicals company has granted options to its CEO, CFO, and Chief Technical Officer.
The specialty chemicals firm reported a revenue decline but improved gross margins and reduced customer concentration. Losses widened, yet a strong cash position and optimistic outlook for 2025 provide some reassurance.