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EcoSynthetix Up After Winning Two New Tissue Lines For SurfLock Through European Distributor

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Last updated: 10/06/2025 10:22:51

10:22 AM EDT, 10/06/2025 (MT Newswires) -- EcoSynthetix (ECO.TO), a renewable chemicals company that produces a portfolio of commercially proven bio-based products, shares rose 3.3% after it announced Monday that two new tissue lines in Europe are using its strength aid "SurfLock".

The company said the contract wins were a result of a distributor relationship with the RNM Group that has recently begun to work with ECO to support commercialization activities.

"More and more manufacturers are recognizing the value SurfLock offers in paper applications to strengthen the fiber while using lower cost or recycled material," said EcoSynthetix chief executive Jeff MacDonald. "We continue to trial with additional prospects through both distributors and direct relationships we maintain."

It said that SurfLock is a bio-based strength aid that increases fiber to fiber interaction in paper-based applications, such as paperboard, tissue, and pulp.

Shares of the company were last seen up $0.14 at $4.37 on the Toronto Stock Exchange.

Price: 4.37, Change: +0.14, Percent Change: +3.31

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