Itaconix has signed a licence agreement for a newly developed non-phosphate automatic dishwasher (ADW) detergent formula based on CHT. The customer is New Wave of Ontario and the agreement represents significant revenue potential for Itaconix, which will help to underpin our forecasts for 2019 and beyond. Itaconix is already well established in this area and it is encouraging to see the healthy pipeline being converted to revenue generation.
05 Dec 2018
New licence agreement for auto dishwasher detergent
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New licence agreement for auto dishwasher detergent
Itaconix plc (ITX:LON) | 155 3.9 1.6% | Mkt Cap: 20.9m
- Published:
05 Dec 2018 -
Author:
James Tetley -
Pages:
3
Itaconix has signed a licence agreement for a newly developed non-phosphate automatic dishwasher (ADW) detergent formula based on CHT. The customer is New Wave of Ontario and the agreement represents significant revenue potential for Itaconix, which will help to underpin our forecasts for 2019 and beyond. Itaconix is already well established in this area and it is encouraging to see the healthy pipeline being converted to revenue generation.