--- title: Trading Update for the year ended 31 December 2020 description: Trading Update for the year ended 31 December 2020 image: https://8820271.fs1.hubspotusercontent-na1.net/hubfs/8820271/trading-update-for-the-year-ended-31-dec-2020.png --- ### Find what you're looking for Search - [ Applications ](https://itaconix.com/applications) - [ Categories ](https://itaconix.com/applications) - [ Dish Detergent ](https://itaconix.com/applications/dish-detergent) - [ Fabric Care ](https://itaconix.com/applications/fabric-care) - [ Household ](https://itaconix.com/applications/household) - [ Pet ](https://itaconix.com/applications/pet) - [ Beauty ](https://itaconix.com/applications/beauty) - [ Hygiene ](https://itaconix.com/applications/hygiene) - [ Claims ](https://itaconix.com/claims) - [ Safety ](https://itaconix.com/claims/safety) - [ Performance ](https://itaconix.com/claims/performance) - [ Affordability ](https://itaconix.com/claims/affordability) - [ Sustainability ](https://itaconix.com/claims/sustainability) - [ Products ](https://itaconix.com/products) - Key Attributes - [ Scale Inhibition ](https://itaconix.com/products?function=%22Scale+Inhibition%22) - [ Dispersion ](https://itaconix.com/products?function=%22Dispersion%22) - [ Chelation ](https://itaconix.com/products?function=%22Chelation%22) - [ Odor Neutralization ](https://itaconix.com/products?function=%22Odor+Neutralization%22) - [ Foam Enhancement ](https://itaconix.com/products?function=%22Foam+Enhancement%22) - [ Film Former ](https://itaconix.com/products?function=%22Film+Former%22) - Cleaning - [ Itaconix® DSP 2K® ](https://itaconix.com/products/itaconix-dsp-2k) - [ Itaconix® TSI® 322 ](https://itaconix.com/products/itaconix-tsi-322) - [ Itaconix® TSI® 422 ](https://itaconix.com/products/itaconix-tsi-422) - [ Itaconix® ONZ™ 100 ](https://itaconix.com/products/itaconix-onz-100) - [ Itaconix® ONZ™ 105 ](https://itaconix.com/products/itaconix-onz-105) - [ Itaconix® ONZ™ 400 ](https://itaconix.com/products/itaconix-onz-400) - [ Itaconix® ONZ™ 405 ](https://itaconix.com/products/itaconix-onz-405) - [ Itaconix® SF 505 ](https://itaconix.com/products/itaconix-sf-505) - Beauty - [ VELASOFT® NE 100 ](https://itaconix.com/products/velasoft-ne-100) - Hygiene - [ VELAFRESH® ZP20 ](https://itaconix.com/products/velafresh-zp-20) - [ VELAFRESH® ZP30 ](https://itaconix.com/products/velafresh-zp-30) - [ VELAFRESH® ZP75 ](https://itaconix.com/products/velafresh-zp75) - [ VELAFRESH® ZP95 ](https://itaconix.com/products/velafresh-zp95) - Resources - [ Technical Data Sheets ](https://itaconix.com/resources?type=%22TDS%22) - [ Safety Data Sheets ](https://itaconix.com/resources?type=%22SDS%22) - [ Formulas ](https://itaconix.com/formulas) - About - About - [ History ](https://itaconix.com/about) - [ Tech Platform ](https://itaconix.com/about/technology-platform) - [ Leadership ](https://itaconix.com/leadership) - [ News & Events ](https://itaconix.com/blog) - Investors - Investors - [ At a Glance ](https://itaconix.com/investors) - [ Regulatory Announcements ](https://itaconix.com/investors/regulatory-announcements) - [ Reports & Results ](https://itaconix.com/investors/results-and-reports) - [ Share Information ](https://itaconix.com/investors/share-information) - [ Corporate Governance / AIM Rule 26 ](https://itaconix.com/investors/corporate-governance) - [ Corporate Contacts ](https://itaconix.com/investors/corporate-contacts) ##### Need Help? - [Talk to Us](https://itaconix.com/talk-to-us) - [Resources](https://itaconix.com/resources) - [ Search ](https://itaconix.com/blog/21-01-26-trading-update-for-the-year-ended-31-december-2020#search-modal) - [ 1.603.775.4400 ](tel:1-603-775-4400) - [ Ask Itaconix ](https://itaconix.com/ask-itaconix) # [ Insights and Articles ](https://itaconix.com/blog) - Browse Topics More - [Investor News](https://itaconix.com/blog/tag/investor-news) - [RNS](https://itaconix.com/blog/tag/rns) - [News](https://itaconix.com/blog/tag/news) - [Cleaning](https://itaconix.com/blog/tag/cleaning) - [Formula](https://itaconix.com/blog/tag/formula) - [Sustainability](https://itaconix.com/blog/tag/sustainability) - [Beauty](https://itaconix.com/blog/tag/beauty) - [Performance](https://itaconix.com/blog/tag/performance) - [Fabric](https://itaconix.com/blog/tag/fabric) - [Hygiene](https://itaconix.com/blog/tag/hygiene) - [Dishwash](https://itaconix.com/blog/tag/dishwash) - [Investor Video](https://itaconix.com/blog/tag/investor-video) - [Cost-effectiveness](https://itaconix.com/blog/tag/cost-effectiveness) - [Plant-Based](https://itaconix.com/blog/tag/plant-based) - [Safety](https://itaconix.com/blog/tag/safety) - [Hair](https://itaconix.com/blog/tag/hair) - [Events](https://itaconix.com/blog/tag/events) - [Pet](https://itaconix.com/blog/tag/pet) - [Trading Update](https://itaconix.com/blog/tag/trading-update) - [Financial Highlights](https://itaconix.com/blog/tag/financial-highlights) - [Bathroom](https://itaconix.com/blog/tag/bathroom) - [Deodorant](https://itaconix.com/blog/tag/deodorant) - [Skin](https://itaconix.com/blog/tag/skin) - [Annual Report](https://itaconix.com/blog/tag/annual-report) - [Institutional Industrial](https://itaconix.com/blog/tag/institutional-industrial) - [Reports and Documents](https://itaconix.com/blog/tag/reports-and-documents) - [Solutions](https://itaconix.com/blog/tag/solutions) - [Surfaces](https://itaconix.com/blog/tag/surfaces) [Subscribe](https://itaconix.com/blog/21-01-26-trading-update-for-the-year-ended-31-december-2020#blog-subscribe-form)   *26 January 2021 * Itaconix plc ("Itaconix" or “the Company”) Trading Update for the year ended 31 December 2020 Itaconix (AIM: ITX) (OTCQB: ITXXF), a leading innovator in sustainable specialty polymers, is pleased to update the market on a positive year of trading in which the Company made substantial commercial and financial progress. The Company experienced continued growth in the use of its proprietary polymers as key ingredients in an expanding range of everyday consumer products. Brands are increasingly looking to Itaconix to improve product performance and bolster the environmental credentials of their products. Major launches of new brands and reformulations of existing brands occurred in dishwashing detergents, hair styling products, and deodorizing cleaners. As a result of the increased demand, the Board is pleased to report that unaudited 2020 revenues and  EBITDA were slightly ahead of current market expectations. Similarly, net cash as of 31 December 2020 was also slightly ahead of expectations. John R. Shaw, CEO of Itaconix, commented: *"Consumers and brand managers are increasingly aware of the potential for consumer goods to generate less carbon emissions, reduce energy consumption, and decrease the release of chemicals into the environment."  * *"With new urgency in consumer markets to address both cleanliness and climate change, our years of * *development efforts propelled our commercial activities and results to a new stage of growth. We are * *pleased that brands are recognizing the role our plant-based polymers play as advanced materials within the decarbonization economy."* *"I look forward to updating shareholders on our progress in more detail when our final results are released." * - Ends - Enquiries:   Itaconix                                                                                   +1 (603) 775 4400   John R. Shaw / Laura Denner   N+1 Singer                                                                              +44 (0) 207 496 3000   Peter Steel / James Moat (Corporate Finance)    Tom Salvesen (Corporate Broking)   Belvedere Communications                                                    +44 (0) 20 3687 2756   John West / Llew Angus About Itaconix Itaconix develops and produces bio-based specialty polymers that improve the safety, performance and sustainability of consumer and industrial products, with technology and market leading positions in non-phosphate detergents, odor control, and hair styling.  [www.itaconix.com](https://www.itaconix.com)   ![background image](https://8820271.fs1.hubspotusercontent-na1.net/hubfs/8820271/assets/images/backgrounds/glow-cta-bar.svg) ### Download full news release [Download](https://8820271.fs1.hubspotusercontent-na1.net/hubfs/8820271/Imported_Blog_Media/21-01-26-Trading-Update-for-the-year-ended-31-December-2020.pdf) ## Related Articles [Investor News ITACONIX PLC TRADING UPDATE, December 7, 2023 Dec 7, 2023 2 min read ![](https://8820271.fs1.hubspotusercontent-na1.net/hub/8820271/hubfs/itaconix-plc-trading-update-dec-7-2023.png?width=450&height=250&name=itaconix-plc-trading-update-dec-7-2023.png) ](https://itaconix.com/blog/itaconix-plc-trading-update) [Investor News UNAUDITED INTERIM RESULTS FOR THE 6 MONTH PERIOD TO 30 JUNE 2022 Sep 14, 2022 5 min read ![](https://8820271.fs1.hubspotusercontent-na1.net/hub/8820271/hubfs/unaudited-interim-for-the-6-month.png?width=450&height=250&name=unaudited-interim-for-the-6-month.png) ](https://itaconix.com/blog/itx-2022-interim-report-september-14-2022) [Investor News Trading Update for the Year Ended 31 December 2021 Jan 26, 2022 2 min read ![](https://8820271.fs1.hubspotusercontent-na1.net/hub/8820271/hubfs/trading-update-for-the-year-ended-31-shadow.png?width=450&height=250&name=trading-update-for-the-year-ended-31-shadow.png) ](https://itaconix.com/blog/22-01-26-trading-update) ## Subscribe via Email Subscribe to our blog to get insights sent directly to your inbox. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Laura Denner", "url" : "https://itaconix.com/blog/author/laurad" }, "dateModified" : "2024-07-25T17:33:08.607Z", "datePublished" : "2021-01-26T07:00:17.000Z", "headline" : "Trading Update for the year ended 31 December 2020", "image" : [ "https://8820271.fs1.hubspotusercontent-na1.net/hubfs/8820271/trading-update-for-the-year-ended-31-dec-2020.png" ], "mainEntityOfPage" : { "@id" : "https://itaconix.com/blog/21-01-26-trading-update-for-the-year-ended-31-december-2020", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://8820271.fs1.hubspotusercontent-na1.net/hubfs/8820271/assets/images/logos/logo-full-color.png" }, "name" : "Itaconix" } } ```