Burlington, Ontario, July 22, 2025 – 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 new, second purchase order from a leading global pulp manufacturer for its proprietary strength aid, SurfLock™. The purchase order represents approximately $800 thousand worth of material for immediate delivery with additional orders expected in the second half of 2025 to support their production schedule.
“This new order from our key strategic account in the pulp end market demonstrates both the market need and the success this leading global manufacturer is generating with its differentiated enhanced pulp offering that uses SurfLock™,” said Jeff MacDonald, CEO of EcoSynthetix. “The pulp end market is a billion-dollar opportunity. With the availability and pricing of conventional long, strong softwood fibers continuing to be a challenge in the paper and packaging industry, our strength aids allow suppliers of hardwood pulp to improve the performance of their pulp and replace softwood fiber at significant savings to their customers. This new purchase order signals the manufacturer is ahead of their original plan set earlier this year, more than doubling the run-rate demand in the back half of 2025. The leading global pulp manufacturer is investing internal resources in its differentiated offering and driving market penetration. We are well positioned to support this success based on our capital-light manufacturing assets with the capability to scale production as they drive further demand.”
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.
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).
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. The forward-looking statements in this press release include, but are not limited to, statements regarding the number of Shares to be purchased under the Bid, if any, the price to be paid by the Company for any Shares purchased under the Bid, if any, and the timing of any such purchases. These statements reflect our current views regarding future events and operating performance, 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 Company’s ability to successfully allocate capital as needed and to develop new products, as well as 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 February 18, 2025. 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.