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Itaconix Q&A: CEO John Shaw on delivering the right ingredients for green growth

14:55, 28th February 2024
John Hughman

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Vox Markets talks to Itaconix (ITX Follow | ITX) co-founder and chief executive John Shaw on what’s behind a year that’s seen the natural chemicals specialist deliver record revenues, and how the cost, performance, and safety advantages of its plant-based manufacturing ingredients are opening up multiple market opportunities.

0:30 Discusses the highlights and drivers of a year that saw Itaconix deliver record revenues
2:07 How the performance and cost advantages of the company’s itaconic-acid based ingredients are driving major growth across private label manufacturers in North America.
3:26 Signs of traction in the larger European market for dishwasher tablets, including interest from contract manufacturers to major retailers.
4:25 How the company’s production facility has headroom to meet significant growth opportunities, and the economies of scale behind the business.
6:07 New market opportunities, including multi-million-dollar leather, paint markets, and adult hygiene, and how that’s supported by last year’s fundraise.
9:18 The environment advantages of Itaconix’s natural products and their potential to change the industrial landscape.
11:25 The company’s plans for 2024 and the focus on becoming EBITDA profitable.


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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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