Iofina Resources (“IR”) is the Group’s iodine production business and the second largest producer of iodine in North America.
Iofina plc is a vertically integrated Company that specializes in the exploration and production of iodine and the manufacturing of specialty chemical derivatives. With operations in Kentucky and Oklahoma, Iofina’s strategy is to identify, develop, build, own and operate iodine extraction plants based on the Company’s WET® IOsorb® technology. The Company produces iodine from brine solutions produced in oil and gas fields at its multiple IOsorb® plants in Oklahoma. Iofina integrates the iodine into an array of specialty iodine derivatives, which are created and sold through Iofina Chemical to diverse global markets. Additionally, Iofina sells iodine globally and also produces other non-iodine specialty chemicals.
The Group is also utilizing its expertise in extraction, distillation and specialty chemical manufacturing to isolate cannabinoid products from hemp.
Download full message here 19 January 2021 Iofina plc ("Iofina", the “Group”, or the "Company") (LSE AIM: IOF) Market Update ...
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