Itaconix CFO: 2025 off to a strong start as company takes tariff uncertainty in its stride

Proactive - Interviews for investors

Itaconix PLC (AIM:ITX, OTCQB:ITXXF) chief financial officer Laura Denner talked with Proactive's Stephen Gunnion about how the company is navigating the shifting landscape of global tariffs and what that means for its detergent polymers business in 2025. Following a company update on the recent US tariffs, Denner explained that multiple tariff rounds—starting with a 10% import tariff on Chinese goods in February and followed by additional measures in March and April—are impacting raw material inputs. "One of our minor raw materials has a pretty significant impact from these tariffs," she noted, while other materials remain exempt. While there have been no direct negative effects so far, Denner said the company anticipates a 5% to 15% rise in production costs by year-end due to tariff-related pressures. However, she highlighted that itaconic acid, their key input, is still priced lower than during the pandemic period, helping maintain manageable cost structures. On the upside, the strengthening euro and a shift of detergent production to the U.S. are providing support to margins. The company is responding by reviewing pricing, pursuing domestic supply chains, and negotiating better logistics terms. Denner concluded: "We are off to a very strong start for 2025" and remain confident in the year’s outlook. For more in-depth interviews, visit Proactive’s YouTube channel. Don’t forget to like, subscribe, and turn on notifications for future updates. #Itaconix #Tariffs2025 #DetergentPolymers #GlobalTrade #RawMaterials #SupplyChain #ChemicalIndustry #CFOInsights #ProactiveInvestors #ManufacturingCosts