BURLINGTON, ON, Sept. 30,
2024 /CNW/ - EcoSynthetix Inc. (TSX: ECO)
("EcoSynthetix" or the "Company"), a renewable chemicals company
that produces a portfolio of commercially proven bio-based
products, today announced it has received a second large follow-on
trial order for its strength aid, SurfLock™, from a leading global
pulp manufacturer.
"This order follows on the successful performance and customer
feedback the account received from the earlier large trials
completed in July of this year," said Jeff
MacDonald, CEO of EcoSynthetix. "These trial orders
represent the largest volume of trial material ever shipped to one
account in the Company's history. The characteristics and value
SurfLock™ offer manufacturers make it an attractive innovation
which this leading global pulp manufacturer recognizes."
SurfLock™ is a bio-based strength aid that increases the
mechanical strength in pulp, tissue and paper-based packaging
applications. SurfLock™ can be used by manufacturers to improve
their economics by increasing their use of lower cost virgin
fibers, recycled fibers and low-cost fillers, reducing their use of
retention aids and refining energy, and improving the runnability
of the line with less breaks on the machine. Pulp, tissue and
packaging applications represent a billion-dollar addressable
market opportunity for the Company.
This new trial order represents approximately $400,000 of revenue to EcoSynthetix.
About EcoSynthetix Inc.
(www.ecosynthetix.com)
EcoSynthetix offers a range of
sustainable engineered biopolymers that allow customers to reduce
their use of harmful materials, such as formaldehyde and
styrene-based chemicals. The Company's flagship products,
DuraBind™, Surflock™, Bioform™ and EcoSphere®, are used to
manufacture wood composites, personal care, paper, tissue and
packaging products, and enable performance improvements, economic
benefits and carbon footprint reduction. The Company is publicly
traded on the Toronto Stock Exchange (T:ECO).
SOURCE EcoSynthetix Inc.
