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I-TECH

MARKET CAP - 654M SEK
MARKET CAP - 654M SEK

ABOUT US

I-Tech was spun out from Gothenburg university in the year 2000. Our product is based on the ground-breaking findings around a unique concept of repelling barnacles, in a non-fatal way, from attaching to hard surfaces in contrast to more traditional ways of preventing barnacle build up by generating toxic interfaces using elevated concentrations of substances with fatal effect. I-Tech (interface Technologies) entered the market via a large MISTRA (governmental research funding) project as well as private equity sponsored activities which funded the filing of a dossier for compound approval to the European Chemical Agency in 2009. . With a complete dossier (which included30-40 000 pages of risk-assessment) in hand, I-Tech also submitted the required contents to regulatory bodies in China, Japan and Korea. In addition, I-Tech filed the global trade mark registration for its product Selektope® (generic name medetomdine).

Q&A WITH PHILIP CHAABANE   17/01/2020

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What have been the milestones so far in your company development?

– Generate a high top line growth with improving gross margins
– A few quarters with positive EBITDA figures at this early stage of the growth curve.
– Roll out of a range of antifouling products for various vessel types by our leading customer, Chugoku Marine Paints

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What are your most important markets, segments and customers?

– The global marine antifouling coating market with emphasis on products for commercial vessel use
– The large coating OEMs are main customers comprising among others Hempel, Chugoku (CMP), PPG, Jotun and others. Some of which we hope for in the years to come.

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Where do you see the company five years from now?

– A highly profitable company with continuous growth.
– Our product being a standard ingredient in most high performing antifouling coatings

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What are your priorities within 2020/21?

– Customer focus and improved position within all our supporting structures

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Why should one consider adding your company into their portfolio?

– Our company will drive high returns in a market with continuous demands over very long business cycles
– Our product contributes to a more sustainable shipping industry in the snece that it supports improved fuel efficiency (high hull performance) and reduces risk of transportation of invasive species.

PRODUCTS & SERVICES

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