ORGANOCLICK AB (PUBL) PUBLISH INTERIM REPORT FOR Q3 2020
"During the third quarter, we had a good development in all our business units. In total, the Group
OrganoTex® textile impregnation is launched in the UK with FTUK as agent
OrganoClick is since two years supplying fluorocarbon-free and biodegradable textile impregnations and maintenance products for clothes and garments under the brand OrganoTex®. The products are sold in Sweden, Finland and Norway in stores like Naturkompaniet, Partioaitta, Alewalds, Skistar, Team Sportia, among others. OrganoTex® is now launched in the UK with the sport and outdoor agent FTUK as sales partner.
OrganoTex® Textile Waterproofing Spray-On and Wash-In has been developed during several years and have been designed to give good water repellancy, yet being biodegradable. The product is based on OrganoClick’s patented and awarded technology for modification of textile fibers and is totally free from the problematic perfluorinated compounds (PFAS), cyclic siloxanes and isocyanates that is often used in textile impregnations. Several of these chemicals are thought to be cancerogenic and hormone disruptive, as well as being bioaccumulative in nature.
FTUK is an established Outdoor agency set up in 2014, to handle the Five Ten, Adidas Terrex, XClimb Pro and Superyellow brands in the UK and Ireland. Renowned for their personable staff, and grass roots marketing expertise, FTUK is present in every quality bike, climbing and outdoor shop in the UK.
Mo Overfield the Manager of FTUK says “As a business that is very much involved in sports and activities that happen in our green spaces, we see an increasing need to protect them. Being a long time climber, ultra-runner and rider, I am totally committed to the wellbeing of our ‘outdoor playgrounds’. As we develop brands like OrganoTex, I feel that we are doing something to help. OrganoTex’s truly biodegradable DWR treatment means less pollution in our waterways. We are proud to represent OrganoTex’s reproofing technology in our wet and windy country.”
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For more information, please contact:
Mårten Hellberg, CEO
0707 - 16 48 90, marten.hellberg@organoclick.com
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About OrganoClick
OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq First North Growth Market. The company develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the durable water repellent technology for textiles OrganoTex®, the biocomposite material OrganoComp®, surface treatment and maintenance products for villa and property owners under the brand BIOkleen®, biobased binder under the trade name OC-BioBinder™ and the flame and rot-resistant timber OrganoWood® (through the joint-venture OrganoWood AB). OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences within environmentally friendly fiber chemistry. OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start -up" and "Sweden's Best Environmental Innovation", and has also received a number of awards, such as the WWF "Climate Solver" award, listed as a SUSTAINIA100 company and has also appeared for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33 hottest technology companies. OrganoClick has its head office, production and R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on Nasdaq First North Growth Market is Mangold Fondkommission AB, tel: +46 (0)8 503 01 551, email: ca@mangold.se.
The information was published, of the contact person above, 27 May 2020 at 9:15.