Iofina
Iofina plc is a vertically integrated iodine and specialty chemicals company that extracts iodine from oil and gas produced water using proprietary WET® IOsorb® technology and manufactures halogen-based derivatives for pharmaceutical, agrochemical, animal nutrition, biocide, and water treatment customers globally.
- Company typePublic
- Founded1983
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Iofina does
Iofina plc is a vertically integrated specialty chemicals company that extracts iodine from produced water brine streams at oil and gas wells and converts it into halogen-based chemical derivatives for global industrial customers. The group operates through two wholly owned subsidiaries: Iofina Resources, which runs multiple IOsorb® iodine extraction plants in Oklahoma using proprietary WET® IOsorb® technology and is expanding into the Permian Basin, and Iofina Chemical, which manufactures iodine derivatives and non-iodine halogen specialties at a Covington, Kentucky facility.
The company's core technology, WET® IOsorb®, isolates iodine from iodide-rich brine and returns the treated water to the oil and gas operator, enabling extraction without conventional mining. Iofina Chemical integrates the extracted iodine into a portfolio that includes iodides (potassium, sodium, calcium, ammonium), iodates, organic iodine compounds such as IPBC and Hydriodic Acid, and non-iodine halogen products including Chloramine-T Trihydrate and Trichloromelamine. Iofina Chemical holds ISO 9001:2015 certification and SOCMA membership, and was allocated 3,000 MTEVe of HFC production for export allowances by the EPA under the AIM Act.
The business model is B2B direct sales with quote-based pricing (not publicly disclosed) targeting manufacturers in pharmaceuticals, agrochemicals, animal nutrition, biocides, and water treatment, with global distribution. Iofina is the second-largest iodine producer in North America with eight IOsorb® plants in Oklahoma plus a ninth under construction in the Permian Basin via a partnership with Western Midstream; FY2025 revenue was $66.5 million, up from $54.5 million in FY2024, and EPS doubled from 1.52 to 3.26 cents over the same period.
Iofina firmographics
Firmographics- Name
- Iofina
- Legal name
- Iofina plc
- Website
- https://iofina.com
- Company type
- Public
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Iofina plc is a vertically integrated iodine and specialty chemicals company that extracts iodine from oil and gas produced water using proprietary WET® IOsorb® technology and manufactures halogen-based derivatives for pharmaceutical, agrochemical, animal nutrition, biocide, and water treatment customers globally.
- Ownership category
- akta.pro rank
Where Iofina is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Iofina business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Iodine Production and Sales: Iofina extracts iodine from produced water using WET® IOsorb® technology at multiple IOsorb® plants in Oklahoma. The iodine is sold globally to various industries.
- Specialty Chemical Derivatives: Iofina Chemical integrates extracted iodine into halogen-based specialty chemical derivatives including iodides, chlorides, and fluorides sold to pharmaceuticals, agriculture, animal nutrition, and biocides industries.
- Non-iodine Specialty Chemicals: Production and sale of specialty chemicals not derived from iodine, including Trichloromelamine and Chloramine-T trihydrate
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B specialty chemical sales with quote-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Iofina product offering
Product offeringCore offering
Iofina is a vertically integrated iodine and specialty chemicals producer. Through its Iofina Resources subsidiary, the company extracts iodine from produced water brine streams at oil and gas wells using its proprietary WET® IOsorb® technology at multiple IOsorb® plants in Oklahoma and a new plant under construction in the Permian Basin. Through Iofina Chemical in Covington, Kentucky, the extracted iodine is integrated into halogen-based specialty chemical derivatives (iodides, iodates, periodates, IPBC, Trichloromelamine, Chloramine-T Trihydrate, Hydriodic Acid, and others) sold globally to pharmaceutical, agrochemical, animal nutrition, biocide, and water treatment manufacturers.
Product overview
Iofina is a vertically integrated company specializing in iodine extraction and specialty chemical manufacturing. The company operates two main business units: Iofina Resources (iodine production using WET® IOsorb® technology at multiple IOsorb® plants in Oklahoma and the Permian Basin) and Iofina Chemical (halogen-based specialty chemical production at its Kentucky facility). Iofina extracts iodine from produced water brine streams from oil and gas wells, then integrates the iodine into a wide range of specialty iodine derivatives and non-iodine halogen-based chemicals for diverse global markets including animal care, nutrition, pharmaceutical, agrochemical, and biocides. The company also produces standard iodine products and halogen compounds sold globally.
Differentiator
Problem solved
Functional benefit
Products and services
- Iodine Raw iodine produced from brine streams at IOsorb® plants in Oklahoma and the Permian Basin, sold globally to various industries including pharmaceutical, nutrition, and agrochemical.
- Iodopropynyl Butylcarbamate (IPBC) Water-soluble carbamate biocide preservative used in paints, coatings, wood preservatives, personal care products, cosmetics, and HVAC fungicides.
- Chloramine-T Trihydrate White powder chemical used as a reagent in organic synthesis, oxidizing agent in cyclization experiments, drinking water treatment, disinfectant, antiseptic, and intermediate in pharmaceuticals.
- Trichloromelamine (TCM) White to pale yellow powder (98% purity) with strong oxidizing properties used as a disinfectant, sanitizer ingredient, biocide in pesticides, and for water treatment.
- Hydriodic Acid Inorganic acid mixture of hydrogen iodide dissolved in water, used in organic synthesis for introducing iodine into molecules, as a reducing agent, in pharmaceutical production, and as a disinfectant.
- Decamethylene Diiodide Organic halide compound (1,10-diiododecane) used as a cross-linking agent in polymer synthesis, starting material for heterocyclic compounds, and alkylating agent in organic synthesis.
- Iodine Derivatives (Iodides, Iodates, Periodates) Specialty iodine-based chemical derivatives including Ammonium Iodide, Calcium Iodate, Calcium Iodide, Sodium Iodide, Potassium Iodide, iodates, periodates, and organic iodine compounds used across pharmaceutical, agrochemical, animal nutrition, and biocides industries.
- Halogen-Based Specialty Chemicals (Non-Iodine) Non-iodine specialty chemicals including chlorides and fluorides, sold to industrial customers across multiple sectors.
Quantifiable outcome
- Second-largest iodine producer in North America
- +1 more outcomes
Companies that use Iofina
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Iofina technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Iofina partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Western MidstreamcoreIofina signed agreement with Western Midstream to develop a new IOsorb plant in the Permian Basin. The plant will use Western Midstream's produced water as feedstock for iodine extraction. Plant costs estimated at $8-9 million and expected to produce 170-220 metric tonnes of crystalline iodine annually.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Iofina competitors and assessment
Company assessmentBroad incumbents
- Albemarle Corporation: Major global specialty chemicals company that historically operated iodine production (acquired via Rockwood Holdings). A much larger incumbent serving overlapping pharmaceutical and industrial customers, providing a benchmark for scale economics in iodine-based chemistry.
- Innospec Inc. US-based specialty chemicals company with performance chemicals and fuel specialties divisions. Comparable in serving industrial customers with halogenated and specialty intermediates, including biocides and water treatment chemistries where Iofina also competes (e.g., Trichloromelamine).
- SQM (Sociedad Química y Minera de Chile): The world's largest iodine producer, extracting iodine as a byproduct of Chilean nitrate mining. SQM is the dominant price-setter in the global iodine market and a direct competitor to Iofina in supplying raw iodine to pharmaceutical and industrial customers.
Others
- LANXESS AG: German specialty chemicals company with a broad halogen and industrial intermediates portfolio. Comparable in serving agrochemical, biocides, and industrial customers with specialty chemistries, though at much larger scale than Iofina.
Direct peers
- Ise Chemicals Corporation: Japanese iodine and iodine derivatives manufacturer that recovers iodine from natural gas brines — a feedstock concept closely analogous to Iofina's produced water extraction model. Sells into similar pharmaceutical and specialty chemical end markets globally.
- Calabrian Corporation: North American specialty chemicals manufacturer of sulfur-based and halogenated intermediates, similar in size and customer base to Iofina. Operates in adjacent halogen chemistry space and competes for similar industrial customer accounts.
- Cosayach (Compañía de Salitre de Chile): Chilean iodine producer and one of the top global iodine suppliers, extracting iodine alongside nitrate operations. Directly competes with Iofina in the raw iodine market, particularly for pharmaceutical-grade applications.
- Godoshigen Co., Ltd. Japanese iodine producer recovering iodine from underground brines. Similar business model to Iofina in using brine-based iodine extraction, and competes in the Asian and global iodine supply market.
- Nihon Tennen Gas Co., Ltd. Japanese company specializing in natural gas and iodine recovery from gas field brines. Directly comparable to Iofina's produced water iodine extraction approach and similar target end markets.
Emerging players
- Ascensus Specialties: US specialty chemicals manufacturer focused on sodium and potassium-based chemistries serving pharma, agro, and industrial markets. Comparable size and customer overlap to Iofina, though differentiated product line (alkali metals vs. iodine).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Iofina social profiles
Digital presenceIofina compliance and trust
Trust signalCompliance2 records
Iofina financial estimates
Financial estimateRevenue estimate
Valuation estimate
Iofina leadership team
Management profileNumber of profiles
Profiles11 records
Iofina subsidiaries and ownership
Company hierarchySubsidiaries3 records
Iofina funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Iofina M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Iofina
What does Iofina do?
Iofina is a vertically integrated iodine and specialty chemicals producer. Through its Iofina Resources subsidiary, the company extracts iodine from produced water brine streams at oil and gas wells using its proprietary WET® IOsorb® technology at multiple IOsorb® plants in Oklahoma and a new plant under construction in the Permian Basin. Through Iofina Chemical in Covington, Kentucky, the extracted iodine is integrated into halogen-based specialty chemical derivatives (iodides, iodates, periodates, IPBC, Trichloromelamine, Chloramine-T Trihydrate, Hydriodic Acid, and others) sold globally to pharmaceutical, agrochemical, animal nutrition, biocide, and water treatment manufacturers.
Is Iofina a public or private company?
Iofina is a public company. It is classified as public and is currently operating.
When was Iofina founded?
Iofina was founded in 1983. It employs 101 to 250 people.
Where is Iofina based?
Iofina is headquartered in London, United Kingdom, in the Europe region.
How does Iofina make money?
Three revenue lines are on record. Iodine Production and Sales are the primary driver. The others are specialty Chemical Derivatives and non-iodine Specialty Chemicals.
Who are Iofina's main competitors?
Broad incumbents on record are Albemarle Corporation, Innospec Inc. and SQM (Sociedad Química y Minera de Chile). LANXESS AG is listed as an others. Direct peers are Ise Chemicals Corporation, Calabrian Corporation, Cosayach (Compañía de Salitre de Chile), Godoshigen Co., Ltd. and Nihon Tennen Gas Co., Ltd.. Ascensus Specialties is listed as an emerging player.
Does Iofina have an API?
No public API is recorded for Iofina.