Portfolio news 2010
Revolymer Ltd - A revolutionary removable* chewing gum launches in world’s largest market
04 Oct 2010
A revolutionary removable* chewing gum
launches in world’s largest market
Revolymer® reveals Rev7™ gum to
attendees at National Association Convenience Store
Show
Atlanta, October 4, 2010
Today Revolymer® Ltd launches its new brand, Rev7™, a
high quality confectionery chewing gum with an excellent taste and
long lasting flavour, to US consumers and attendees at the National
Association of Convenience Store Show (NACS). For the first time,
the product is also removable* and degradable*, making it the
world’s first commercially available environmentally friendly
gum*.
The gum comes initially in both peppermint and spearmint and
Revolymer® plans to launch additional flavours including a
fruity flavour next year.
Chris Tamillo, recently appointed as Revolymer®’s Vice
President of Sales and Marketing and based in the US is responsible
for taking the product to market. Chris joins Revolymer®
from Frito-Lay® where he was a National Sales
Manager. Before that, Chris was National Sales Manager for
Spitz® Sunflower seeds, where he established the brand and grew
sales rapidly.
Chris Tamillo said; “The sheer scale of the
opportunity to revolutionize the multi-billion dollar chewing gum
market is one I am very excited by. Revolymer® is offering
a premium product that will change the chewing gum industry
significantly. There is both an appetite for this new brand in the
US and a willingness to provide consumers with a product that is
better for the environment but does not sacrifice on
quality.”
“Revolymer®’s technology contributes towards
solving a very costly and environmentally challenging
problem. We’re seeing enormous enthusiasm from everyone
we speak to in the US about the potential of our chewing
gum,” said Roger Pettman PhD., Chairman and CEO of
Revolymer®. “Chris’ experience of the FMCG
industry in the US is a significant asset to us and he will play a
key role in delivering on our growth plans.
Commercialization of Revolymer®’s proprietary gum
technology follows the successful completion of the
“GRAS” regulatory approval process earlier this
year. It is expected to be available in retail stores early in
2011 with Revolymer® working with national and regional
distributors to achieve broad distribution as quickly as
possible.
The United States is the world’s largest chewing gum
market. It is estimated that over 300,000 tons of chewing gum
will be sold this year in the US alone and after chewing this
results in approximately 120,000 tons of residual chewing gum cuds
which remains in the environment every year.
Company has studied its gum’s removability and
degradability characteristics in a variety of climates, carrying
out extensive tests. Revolymer®’s gum can be removed
readily from clothes using soap and water, and in the environment
tests have shown that more than 50% of its chewing gum is removed
by conventional street cleaning, and any gum washed into the drains
will degrade into minerals, biodegradable products and inert
materials.
The launch of Rev7™ follows the application of
Revolymer®’s chewing gum technology to functional chewing
gums with the first goal to develop a nicotine gum with an improved
taste to help people quit smoking. Revolymer® has now
completed registration batches and has filed for its first
regulatory approval in Canada, with plans to expand into other
markets over 2011.
Attendees at NACS can visit Revolymer® at booth 6710 to try the
new Rev7™ gum.
- ends -
* In testing Revolymer® found that its confectionery gum
removes readily from a range of surfaces (including paved
sidewalks, carpets, textiles, transport fabrics and clothing
materials), and disintegrates into a fine powder within 6 months
using mild agitation in water. See our website
(www.revolymer.com) for more details.
About Revolymer®
Revolymer® is a rapidly growing technology development company
which has developed a unique portfolio of products and formulations
for the FMCG industry. Using commercially available and inexpensive
polymers, Revolymer® applies its innovative proprietary
approach to formulate novel polymers to revolutionise consumer
products. Current applications for the Company’s technology
are in the Confectionery Chewing Gum, Medicated Chewing Gum,
Household Products, Personal Care and Coatings & Adhesives
sectors of the FMCG industry. For further information please visit
our website www.revolymer.com.
Contact…
Revolymer® Ltd
Dock Road
Mostyn
Flintshire CH8 9HE, UK
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