I-Tech AB (ITECH.ST)

STO Basic Materials Chemicals - Specialty

I-Tech AB operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Mölndal, VG, SE. The stock last traded at $71.40, up 1.56% on the session, giving a market capitalisation of $856.6M. Its beta of 0.82 implies it has historically moved less than the broad market.

I-Tech AB, a biotechnology firm established in Mölndal, Sweden, in 2000, focuses on creating and commercializing products to prevent biofouling. Their flagship innovation is Selektope, a unique bio-repellent ingredient engineered for marine coatings. This compound provides crucial protection against hard fouling on ships, primarily by temporarily stimulating the swimming behavior of barnacle larvae, thereby preventing them from attaching to coated surfaces. The company's primary clientele is the marine coatings industry.

I-Tech AB is most often compared with the following Basic Materials names: