- CEO
- Jeffrey MacDonald
- Full Time Employees
- 37
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 3365 Mainway Burlington ON Canada L7M 1A6
- IPO Date
- Aug 4, 2011
- Business
- EcoSynthetix Inc. develops and commercializes renewable bio-based chemicals and biopolymers that serve as sustainable alternatives to petroleum-based adhesives and materials; its flagship products include DuraBind engineered biopolymers for wood composites such as particleboard and oriented strand board, SurfLock strength aids for pulp-based products including paperboard, tissue, and pulp, Bioform biopolymers for personal care applications, and EcoSphere biolatex for paper and packaging. The company targets manufacturers seeking to reduce carbon footprints, eliminate formaldehyde and styrene-based chemicals, and lower costs through performance-equivalent bio-based solutions. EcoSynthetix operates globally across the Americas, Europe, the Middle East, Africa, and Asia Pacific from its headquarters in Burlington, Ontario, Canada, where it maintains a Global Innovation and Technology Demonstration Center; founded in 1996 and publicly listed on the Toronto Stock Exchange (TSX: ECO), it generates revenue primarily from its biopolymer nanosphere technology platform.
In recent developments, EcoSynthetix secures two new commercial tissue lines in Europe for SurfLock through a partnership with RNM Group distributor in October 2025, enhancing commercialization in pulp-based markets. The company receives a $0.8 million purchase order in July 2025 for SurfLock from a leading global pulp manufacturer, with further orders anticipated, alongside a second order ahead of schedule. It reports third-quarter 2025 net sales of $5.8 million, up 11% year-over-year, driven by higher volumes in wood composites, pulp, and tissue; year-to-date sales rise 14% to $14.9 million, with increased adoption via strategic accounts and partner Dow in personal care. EcoSynthetix repurchases and cancels 118,035 common shares under its normal course issuer bid in Q3 2025 for $0.4 million, maintaining strong liquidity of $30.4 million in cash and term deposits.