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Half Year 2024 Itaconix PLC Earnings Call Transcript
Good afternoon, and welcome to the Itaconix plc interim results investor presentation. (Operator Instructions) Before we begin, I'd like to make the following poll. And now I'd like to hand you over to John Shaw, CEO. Good afternoon to you, sir.
Good afternoon, we're very excited to be here. So I'm going to take you through a bit of an overview then our CFO, Laura Denner, will take you through our financial results, and then I'll come back and discuss our strategic progress.
Quick overview about our business. It is all based on Itaconix asset. Itaconix asset is an outstanding plant-based building block. It's natural. It has high value. It's generally available. It is a raw material for us to use and it offers safer profile than the chemistries that we are substituting for primarily acrylic acid and styrene.
Itaconix asset is made with plant-based feedstock through fermentation. The fermentation is currently done in China. We bring the material iconic asset into our facility
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