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Burlington, Ontario, September 25, 2014 – EcoSynthetix Inc. (TSX: ECO), a renewable chemicals company that produces a family of commercially proven bio-based products, today announced the introduction of a new line of EcoSphere® grades that are specifically formulated for inkjet paper coatings.
Compatible with dye, pigment and hybrid-based high speed inkjet printing processes, these products offer paper manufacturers, publishers and commercial printers excellent print quality with a simpler, more cost-effective and sustainable product. Traditional inkjet printing using dye-based inks requires the use of both a petroleum-based fixative and binder in the paper coating formulation. Part of these new offerings fully replaces both of these non-renewable chemicals with a single, bio-based additive. EcoSynthetix has filed a patent application covering this innovation.
For high-speed inkjet printers using pigment-based inks, EcoSynthetix is introducing new EcoSphere technology that fully replaces the petroleum-based binders used in the paper coating formulation with a renewable offering.
“Digital printing is a rapidly growing market in which paper makers, publishers and printers are continuously searching for additional ways to deliver value to customers. Our new offerings for the inkjet market allow customers to fully replace petroleum-based ingredients with a single, sustainable offering,” said John van Leeuwen, Chief Executive Officer of EcoSynthetix. “These new products provide a cost-effective way for customers to differentiate themselves with an environmentally friendly solution.”
Visitors to booth 3452 at GraphExpo 2014 will be able to learn more about the EcoSynthetix’ newly launched grades of EcoSphere technology for inkjet printing market. Held at the McCormick Center in Chicago from September 28-October 1, GraphExpo is one of the graphic communications industry’s largest exhibit and conference events.
About EcoSynthetix Inc. (www.ecosynthetix.com)
EcoSynthetix Inc. is a renewable chemicals company specializing in bio-based products that can be used as inputs in industrial manufacturing for a wide range of consumer products. The Company's products offer a reduced carbon footprint and are marketed primarily on the basis of lower cost, stable pricing and equal or superior performance. EcoSynthetix' lead product, EcoSphere® biolatex® binders, is used commercially by a number of the global top 20 manufacturers in the coated paper and paperboard industry.
Forward Looking Statements
Certain statements in this Press Release constitute “forward looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, objectives or achievements of the Company, or industry results, to be materially different from any future results, performance, objectives or achievements expressed or implied by such forward looking statements. These statements reflect our current views regarding future events and operating performance and are based on information currently available to us, and speak only as of the date of this Press Release. These forward looking statements involve a number of risks, uncertainties and assumptions and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such performance or results will be achieved. Those assumptions and risks include, but are not limited to, the fact that our results of operations and business outlook are subject to significant risk, volatility and uncertainty. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including the factors identified in the “Risk Factors” section of the Company’s Annual Information Form dated March 28, 2013. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described in this Press Release as intended, planned, anticipated, believed, estimated or expected. Unless required by applicable securities law, we do not intend and do not assume any obligation to update these forward looking statements.
For further information, please contact:
Steve Snyder Director, Marketing Communications
Phone: (289) 245-4017
Phone: (416) 815-0700 (Ext.238)