Iofina PLC

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Market Cap:
£52.57 m
52 weeks high
52 weeks low

Viewing results 1-25 of 170


Iodine producer Iofina to branch into hemp-derived products following the formation of new unit

The subsidiary is to be called IofinaEX and will create products in Central America and the Caribbean for export ...

1 week, 4 days ago

City broker hikes forecasts for iodine producer Iofina after “strong” first half

The first-half update revealed a 10% jump in production at a time when iodine prices are on the rise, while the balance sheet has also been strengthened ...

on 12/7/19

Iofina to move into production of CBD oil after Kentucky approves hemp licence

"The directors are determined to explore the isolation of CBD oil and other valuable products from hemp, a market which is currently underdeveloped but rapidly growing,” said chief executive and president, Tom Becker....

on 13/6/19

Iofina expects further progress in 2019 after record year as it moves into cannabis market

Chief executive Dr Tom Becker said 2018 was an "exceptional year" and the momentum has continued into early 2019 ...

on 13/6/19

Iofina to raise up to £7.5mln to pay off debt and expedite construction of new production facility

The funds raised will also go towards completing upgrades at Iofina's other plants, while some have been earmarked for investment in new product development at Iofina Chemical....

on 20/5/19

Iofina mulls fundraising after recent share price surge

The directors of the company will consider the impact of any fundraising on shareholders when deciding whether or not to proceed....

on 14/5/19

Iodine producer Iofina delivers record full year

The iodine and chemicals manufacturer reported record earnings (EBITDA) for the year ended 31 December 2018 of US$2.6mln, 89% higher than the prior year...

on 1/5/19

Iofina’s newest plant helps it to achieve record first quarter

The company, which extracts iodine from brine water, produced 134.4 metric tonnes of iodine in the opening three months of the year – its highest ever first-quarter total...

on 17/4/19

Iofina restructures its debt

Iofina said the extension of the debt, along with the removal of the convertibility of the notes, is an important step for the company...

on 12/2/19

Iofina continues in record-busting form

The IOF#7 facility, opened in February, has made a significant contribution to production levels. Meanwhile, debt renegotiation is at an advanced stage and the Group expects to provide a market update on this in the coming weeks...

on 17/1/19

Iofina enjoys record quarterly production as it reiterates full-year guidance

Iofina produced a record 172.3 tonnes of iodine in the third quarter of 2018, leaving it on track to achieve its full-year target of between 575-605 tonnes...

on 10/10/18

Iofina's performance continues to improve

The price of the key raw material, iodine, has increased year-on-year. Growing iodine sales, as well as non-iodine product increases, will help push 2018 to expected revenue levels, Iofina said...

on 20/9/18

Iofina confirms expected sharp increase in output in 2018

Iofina reiterated that full-year profitability will be hit by just over US$100,000 by the imposition of anti-dumping tariffs by China. ...

on 16/7/18

Better times ahead for Iofina as iodine prices recover

A cash flow model - assuming one new IOsorb plant is added each year between 2019 and 2021 - gives a price target of 35p/share ...

on 18/6/18

Iofina's house broker leaves forecasts unchanged after China dumping decision

In the autumn of 2017, Iofina and other foreign suppliers of hydriodic acid (HI) into China were accused of dumping HI by a relatively new Chinese HI manufacturer; China's Ministry of Commerce has upheld this claim in a preliminary determination...

on 18/6/18

Iofina expecting increase in production as IO#7 plant scales-up operations

The new IOsorb plant, IO#7, which began to scale up operations in mid-February, is already contributing significant additional production at more than double the production rate of its predecessor, IO#3...

on 30/4/18