Iofina CEO discusses strong H1 performance and bullish outlook
434 بار بازدید -
ماه قبل
-
Iofina's CEO Dr Tom Becker
Iofina's CEO Dr Tom Becker takes Proactive's Stephen Gunnion through the company's first-half corporate update, highlighting a strong performance period with increased production, robust demand, and high prices.
Becker detailed that the company produced 276 metric tons of crystalline iodine from its six plants in Oklahoma and is on track with its growth plans, including the upcoming launch of the new IO#10 plant.
Becker mentioned that the new plant, expected to be operational by the latter part of the third quarter, will significantly boost second-half production. Additionally, Iofina has signed multi-year supply agreements for iodine-rich water for two of its plans to ensure consistent production, reinforcing long-term stability and growth.
Looking ahead, Iofina is making significant progress with negotiations for IO#11 and aims to reach production levels of over 1000 metric tons in the next few years.
Reflecting on the market, Becker noted that demand for iodine remains strong, with slight increases in pricing anticipated in the second half of the year. He also pointed out the sales mix and expectations for various iodine and non-iodine products are aligning well with the company's forecasts.
For more insightful discussions and updates, visit Proactive's YouTube channel. Don't forget to like this video, subscribe to our channel, and enable notifications for future content.
#Iofina #IodineProduction #TomBecker #ChemicalIndustry #CorporateUpdate #IO10 #Proactive #ProductionGrowth #MarketDemand #BusinessExpansion #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Becker detailed that the company produced 276 metric tons of crystalline iodine from its six plants in Oklahoma and is on track with its growth plans, including the upcoming launch of the new IO#10 plant.
Becker mentioned that the new plant, expected to be operational by the latter part of the third quarter, will significantly boost second-half production. Additionally, Iofina has signed multi-year supply agreements for iodine-rich water for two of its plans to ensure consistent production, reinforcing long-term stability and growth.
Looking ahead, Iofina is making significant progress with negotiations for IO#11 and aims to reach production levels of over 1000 metric tons in the next few years.
Reflecting on the market, Becker noted that demand for iodine remains strong, with slight increases in pricing anticipated in the second half of the year. He also pointed out the sales mix and expectations for various iodine and non-iodine products are aligning well with the company's forecasts.
For more insightful discussions and updates, visit Proactive's YouTube channel. Don't forget to like this video, subscribe to our channel, and enable notifications for future content.
#Iofina #IodineProduction #TomBecker #ChemicalIndustry #CorporateUpdate #IO10 #Proactive #ProductionGrowth #MarketDemand #BusinessExpansion #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
ماه قبل
در تاریخ 1403/04/27 منتشر شده
است.
434
بـار بازدید شده