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Iofina PLC

Iofina reports strong start to year with 10% first half production increase

Iofina PLC’s (LON:IOF) Tom Becker tells Proactive London's Andrew Scott production at their plants in Oklahoma rose by 10% in the first half of the year.

He says they're guiding for production in the second half of the year of between 305-325 MT of crystalline iodine.

That would take the total for the year up to at least 592 MT and possibly as much as 612 MT.

Becker adds their newest subsidiary, IofinaEX, is now fully licensed to process hemp in the state of Kentucky and they're exploring the isolation of speciality chemical products.

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Price: 24.0243 GBX

Market: LSE
Market Cap: £46.09 m
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Iofina on track for record year of production as construction of IO#8 advances

Iofina PLC's (LON:IOF) Tom Becker tells Proactive London's Andrew Scott they're on track to deliver record iodine output for the year after its plants processed 167.2 metric tonnes of the crystalline product in the third quarter. Iofina has four IOsorb operations in Oklahoma, which extract...

5 days, 8 hours ago

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