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This collaboration is exploring innovative solutions to meet the future demands of fouling protection. Our combined products are complementary, and the knowledge created in this project will enable our customers to offer new solutions for fouling prevention.
Dr. Markus Hoffmann
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Chugoku Marine Paints expands their portfolio of Selektope®-containing antifouling coatings in Japan

  Selektope®, the antifouling technology developed by Swedish biotechnology company I-Tech AB, will be a major component in leading hull coating manufacturer Chugoku Marine Paints’ (CMP) new domestic marine coating range as well as in a new product for the Japanese leisure boat market.   I-Tech’s long-term partner, CMP, has integrated Selektope® into two new antifouling paint products designed for coastal vessels and in one new antifouling paint product developed specifically for the leisure boat market in order to meet the growing hard fouling prevention needs for

I-Tech AB (publ) Year-end report 2020

I-Tech AB (publ) (ticker ITECH) publish the year-end report 2020. Click here on the 24th of February 2021, at 11.00 to follow the webcast Summary of the period ” A challenging but overall strong year ” · Net turnover for the period amounted to kSEK 11 188 (14 584), which corresponds to a decrease in turnover of -23 % (34 %). Operating profit/loss amounted to kSEK -3 507 (-915). · Net turnover for the full year 2020 amounted to kSEK 52 819 (45 574), which corresponds to an increase in turnover of 16 % (57 %). Operating profit/loss

I-Tech signs U.S. leisure boat collaboration agreement

  I-Tech AB (publ) (ticker: ITECH) has signed a long-term collaboration agreement with Pettit Marine Paint, a supplier of high-performance antifouling paints to the leisure boat markets in North, Central, and South America. Through the collaboration, both parties will work together to develop a new product line of antifouling paints for leisure boats that make use of I-Tech’s barnacle repelling active agent, Selektope®. Joint investments will include R&D activities, achieving regulatory approval from the United States (U.S) Environmental Protection Agency (EPA) and

Selektope ® to protect new Mercy Ships hospital ship

Gothenburg, October 6, 2020: I-Tech AB’s barnacle repelling biotechnology for marine coatings, Selektope® has been selected to protect the hull of Global Mercy, the newest hospital ship being built for Mercy Ships, from barnacle fouling while docked for long periods of time at ports located in biofouling red zones off the coast of sub-Saharan Africa.   Mercy Ships is a charitable organisation whose volunteers provide medical treatment and undertake urgent operations onboard hospital ships docked at local ports in some of the poorest countries in the world. Since 1978, its

I-Tech AB (publ) (ticker: ITECH) publish the interim report for the second quarter 2020

Summary of the period” Continued growth and positive development despite shipping headwinds ” Net turnover for the period amounted to kSEK 16,150 (12,582), corresponding to an increase in turnover of 28% (36%). Operating profit/loss amounted to kSEK 47 (-906). Net sales for the first half of the year amounted to kSEK 29 675 (18 752), corresponding to an increase in sales of 58% (43%).  Operating result amounted to kSEK -937 (-5 341). April to June 2020 ·I-Tech renewed and upgraded the regulatory status of Selektope® in Japan. ·At the Annual General Meeting,

I-Tech upgrades regulatory position of Selektope® in Japan

I-Tech AB (publ) (ticker: ITECH) has been granted full approval for the antifouling active agent Selektope® under the Japanese Chemical Substance Control Law (CSCL) enforced by the Ministry of Health, Labor and Welfare (MHLW), Ministry of Economy, Trade and Industry (METI) and Ministry of the Environment (MOE). Since 2013, Selektope® has held a low production volume exemption in Japan. However, following the achievement of full approval under the CSCL, received on June 2, Selektope® will now be included in the CSCL registry as a Specified New Chemical Substance.The

I-Tech AB (publ) Interim report Q1 2020

Mölndal, May 8, 2020 - I-Tech AB (publ) (ticker ITECH) publish the interim report for the first quarter 2020Summary of the period ”A strong quarter despite uncertain times” ·Net turnover for the period amounted to kSEK 13 525 (6 170), corresponding to an increase in turnover of 119% (62%). Operating profit/loss amounted to kSEK -984 (-4 435). January to March 2020 ·In March, the leading Norwegian paint manufacturer, Jotun, launched two new marine paints based on I-Tech’s proprietary antifouling active agent Selektope®. ·During March, Per Svensson was appointed

I-Tech appoints Per Svensson as Sales Director

  I-Tech AB, the bio-technology company responsible for Selektope®, the barnacle repelling active agent for use in marine coatings, has appointed Per Svensson to the role of Sales Director. In this central senior position, Mr Svensson will take full responsibility for driving top-line revenues by working to progress new customers to the antifouling product commercialization stage. He will also hold responsibility for supporting and expanding existing customer accounts within the global marine coatings industry. Per joins I-Tech AB during a period of significant expansion

New I-Tech customer launches Selektope®-containing products

Leading Norwegian paint-manufacturer Jotun has commercialized two new marine paint products containing I-Tech’s antifouling active agent Selektope®.     Jotun, the world’s largest manufacturer of marine paints, will use Selektope® in two antifouling products targeting customers within commercial shipping where increased protection against barnacle fouling is needed for idle ships during the outfitting period.  I-Tech and Jotun are yet to formalize an agreement that binds orders for the commercialization. Therefore, the company can not issue any statement regarding volumes and

I-Tech AB (publ) Year-end report 2019

Summary of the period ”Best year ever for I-Tech” · Net turnover for the period amounted to kSEK 14 584 (10 870), which corresponds to an increase in turnover of 34% (52%). Operating profit/loss amounted to kSEK -915 (-2 882). · Net turnover for the full year 2019 amounted to kSEK 45 574 (28 947), which corresponds to an increase in turnover of 57% (62%). Operating profit/loss amounted to kSEK -7 019 (-13 625). January to December 2019 · I-Tech received its largest supply order to date from Chugoku Marine Paints worth SEK 57 million. · Cambrex sold its holding (

I-Tech selected to participate in Sweden Sustaintech Venture Day 2020

I-Tech AB (publ) (ticker: ITECH) has been selected to participate in the Sweden Sustaintech Venture Day 2020 in Stockholm on February 6, 2020. The Swedish Energy Agency, Nasdaq, Business Sweden and the UN agency World Energy Council are among the organizers and event partners.At the event, Sweden's leading sustainability innovation companies will meet Swedish and international investors. I-Tech is one of thirty sustaintech companies chosen to participate by a group of Sweden's leading environmental investment experts as Sweden's most successful and fast-growing companies in the sector

I-Tech receives largest supply order to date from Chugoku Marine Paints worth 57MSEK

August 7, 2019 - I-Tech AB (publ) (ticker: ITECH) has received a new order amounting to 57MSEK to supply its product Selektope® to Chugoku Marine Paints (CMP). The supply order provides confirmation of increasing demand for I-Tech’s barnacle-repellent active agent Selektope® within the range of marine antifouling products offered by CMP. The Selektope® supplied to CMP will be used in all major key markets in the shipping industry targeting both new building and dry-docking demands. The order is expected to be delivered in 2020. Since their launch in 2016, the uptake of CMP’s

Chugoku Marine Paints expands Selektope®-containing antifouling coating range

A new antifouling coating containing the barnacle-repellent active agent Selektope® has been introduced to the market by Chugoku Marine Paints (CMP). SEA PREMIER 3000 PLUS is the eighth product developed by CMP that contains Selektope®, demonstrating the Japanese paint manufacturer’s growing commitment to the technology. SEA PREMIER 3000 PLUS is a self-polishing coating based on silyl polymer technology. It delivers excellent slime and algal resistance with the combined power of Selektope® and cuprous oxide for superior hard fouling prevention. Developed initially for use in the Japanese

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