Itaconix PLC - London-based manufacturer of plant-based polymers - Announces launch of a new initiative to reduce the time-to-market for consumer products. Itaconix says the Sparx program will accelerate product development by working with end-product manufacturers and brands. As part of the program Itaconix expects brands to introduce at least 10 new products by the end of 2025. Itaconix says it will introduce the Sparx program at the annual Sepawa congress in October.

‘Sparx is a natural extension of our mission - bringing together brands, manufacturers, and our expertise to accelerate innovation and drive progress towards a future where sustainable products are the norm,’ says Chief Executive Officer John Shaw.

Current stock price: 145.00 pence, up 9.4% in London on Wednesday afternoon

12-month change: up 0.4%

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