EcoSynthetix Inc. (ECO.TO) Research

EcoSynthetix Inc., established in Burlington, Canada, in 1996, operates as a renewable chemistry company. It focuses on developing and commercializing bio-based technologies that serve as sustainable alternatives to conventional synthetic, petrochemical-based adhesives and related substances. The company's global reach extends across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Among its key offerings are EcoMer biomonomer, utilized in pressure-sensitive adhesives, inks, toner resins, and paints; EcoSphere biolatex, a bio-based latex binder specifically for paper and paperboard coatings; and EcoStix, a range of sugar-acrylic and pressure-sensitive adhesives available as customizable resin grades or pre-formulated options. Additionally, EcoSynthetix provides DuraBind engineered biopolymers, which enable manufacturers of products like particle board, MDF, veneers, and laminates to significantly reduce the inclusion of highly regulated chemicals such as formaldehyde in their formulations. These innovative products find applications across a diverse spectrum of industries, including paper and paperboard manufacturing, building materials, adhesives, paints, coatings, films, recyclable packaging, labels, stamps, and personal care products.

Market snapshot

Symbol
ECO.TO
Price
$3.09
Day change
-3.13%
Market cap
$128.2M
P/E ratio
-311.16x
52-week range
3-5.02
Sector
Basic Materials
Industry
Chemicals - Specialty
Next earnings
in 1 month

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