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Iofina expands Oklahoma supply network to boost Iodine production by up to 65 tonnes

Iofina expands Oklahoma supply network to boost Iodine production by up to 65 tonnes

Episode 14409 Published 1 week, 6 days ago
Description
Iofina plc President and CEO Dr. Tom Becker joined Steve Darling from Proactive to announce that the company has signed a new agreement with an additional brine water supply partner to support increased production at its IOsorb® iodine extraction facility in Central Oklahoma. The strategic partnership is expected to significantly enhance the plant’s output and further strengthen Iofina’s position as a leading producer of specialty iodine products. Under the agreement, the IO#11 plant will now receive brine feedstock from two independent supply partners, improving operational flexibility while expanding the volume of iodine-rich brine available for processing. Once the new supply arrangement is fully operational, Iofina expects crystalline iodine production at the site to increase by between 45 and 65 metric tonnes annually. Becker explained that the additional supply is expected to have a meaningful impact on production levels, with annual output at the IO#11 facility projected to increase by approximately 50%. The expansion aligns with the company’s strategy of maximizing production from existing facilities while pursuing disciplined growth opportunities across its iodine business. To facilitate the new supply arrangement, Iofina will work alongside its new partner to construct a dedicated pipeline network that will transport iodine-bearing brine to the IO#11 plant for processing. Following iodine extraction, the treated brine will be returned through the system to the partner’s disposal site, creating an efficient closed-loop operating framework. Construction activities will be managed primarily by the new supply partner, helping streamline implementation and reduce operational complexity for Iofina. Preliminary timelines indicate the project is expected to be completed during the third quarter of 2026, with production benefits beginning shortly thereafter. #proactiveinvestors #iofinaplc #aim #iof #iodine #specialtychemicalproducts #halogenspecialitychemicals #ChemicalIndustry #IndustrialMinerals #Manufacturing #OklahomaBusiness #SpecialtyChemicals #ResourceDevelopment #MiningNews #BusinessGrowth
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