Iofina iodine production on track as fracking shows no signs of slowing
Published: Monday, 17 November 2014
Recent volatility in oil prices has not caused a slow-down in fracking activity in North America, and so Iofina’s iodine production is still set to hit targets, with growth in the business expected to continue. As a result, Iofina Chemical, which uses Iofina produced iodine, has seen an increase in sales of over 25% y-o-y.
UK-listed iodine producer Iofina, which is
based in the US, is on track to meeting iodine production
targets as it had not seen a slow-down in hydraulic fracturing
The company uses proprietary WET IOsorb technology to
recover iodine from waste brine used in oil and gas drilling
wells in the...