financetom
Business
financetom
/
Business
/
EcoSynthetix Says Received Second Purchase Order for SurfLock Strength Aids Ahead of Original Plan from Global Pulp Manufacturer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EcoSynthetix Says Received Second Purchase Order for SurfLock Strength Aids Ahead of Original Plan from Global Pulp Manufacturer
Jul 22, 2025 5:14 AM

07:51 AM EDT, 07/22/2025 (MT Newswires) -- EcoSynthetix Inc. ( ECSNF ) , a renewable chemicals company that produces a portfolio of commercially proven bio-based products, announced Tuesday it has received a new, second purchase order from a global pulp manufacturer for its proprietary strength aid, SurfLock.

A statement noted the purchase order represents approximately $800,000 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 ( ECSNF ).

"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.

ECO was down $0.04 at $4.06 yesterday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GlobalFoundries to Invest $1.28 Billion to Expand Chip Manufacturing in Germany
GlobalFoundries to Invest $1.28 Billion to Expand Chip Manufacturing in Germany
Oct 28, 2025
12:40 PM EDT, 10/28/2025 (MT Newswires) -- GlobalFoundries ( GFS ) plans to invest 1.1 billion euros ($1.28 billion) to expand chip manufacturing at its facility in Dresden, Germany. The expansion will boost annual production capacity to more than 1 million semiconductor wafers per year by the end of 2028, the company said Tuesday in a statement. The project is...
NextEra has ordered major items for Duane Arnold nuclear restart, CEO says
NextEra has ordered major items for Duane Arnold nuclear restart, CEO says
Oct 28, 2025
Oct 28 (Reuters) - NextEra Energy ( NEE/PU ) has ordered major equipment for the restart of its Duane Arnold nuclear power plant in Iowa, with items including a power generator and cooling towers, CEO John Ketchum told Reuters on Tuesday. NextEra, which is one of the largest global power companies, announced this week that it had struck a long-term...
Apple seeks to end Apple Pay trade secrets lawsuit
Apple seeks to end Apple Pay trade secrets lawsuit
Oct 28, 2025
(Reuters) -Apple ( AAPL ) urged a federal judge to dismiss a racketeering lawsuit by a company that accused the iPhone maker of stealing its technology to create the lucrative mobile wallet Apple Pay. In a Monday night filing in Atlanta federal court, Apple ( AAPL ) said if the case is not dismissed, it should be transferred to a...
Form 8.3 - QUALCOMM INCORPORATED
Form 8.3 - QUALCOMM INCORPORATED
Oct 28, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Verition Fund Management LLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Copyright 2023-2026 - www.financetom.com All Rights Reserved