While investors may remember Revolymer as the “chewing gum IPO” of 2012, new management is in the process of repositioning the Group as a high growth, high margin specialty chemicals business. Its proprietary technology base has a broad range of possible applications and the three markets being targeted most actively are Household Products, Personal Care and Coatings & Adhesives. The balance sheet is strong (net cash of £13.2m), partnerships are being formed with large global chemicals Groups (n ....
10 Aug 2015
New strategy taking shape
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New strategy taking shape
Itaconix plc (ITX:LON) | 155 0 0.0% | Mkt Cap: 20.9m
- Published:
10 Aug 2015 -
Author:
James Tetley -
Pages:
4
While investors may remember Revolymer as the “chewing gum IPO” of 2012, new management is in the process of repositioning the Group as a high growth, high margin specialty chemicals business. Its proprietary technology base has a broad range of possible applications and the three markets being targeted most actively are Household Products, Personal Care and Coatings & Adhesives. The balance sheet is strong (net cash of £13.2m), partnerships are being formed with large global chemicals Groups (n ....