15 October 2015
Iofina plc
("Iofina" or the "Company")
(LSE AIM: IOF)
Iofina becomes founding member of the World Iodine Association
Iofina, specialists in the exploration and production of iodine and iodine specialty chemical derivatives, is pleased to announce it has become a founding member of the World Iodine Association ("WIA"), launched on 14 October 2015 to promote iodine uses and to help eradicate global iodine deficiency.
The mission of the WIA is to support and represent iodine producers, processors, formulators, distributors and end-users in relevant industry and official government bodies around the world, with respect to guidelines and regulations on iodine and its derivatives. Alongside Iofina, other founding members of the WIA includes Ajay Europe, Calibre Chemicals, GE Healthcare, Hypred SAS and SQM Europe.
The WIA develops, supports and promotes the use of iodine and its derivatives in existing and novel uses and applications in the domains of human and animal health and industry. The WIA provides information about the purposes, uses and applications of iodine and its derivatives to interested parties and aims to help eradicate global iodine deficiency.
More information on the WIA can be found at www.worldiodineassociation.com.
Commenting on today's landmark news, CEO & President Tom Becker said:
"Becoming a founding member of the WIA, alongside a series of prestigious names within our industry, is an important step for a company like Iofina which remains on track to become the second largest producer of Iodine in North America. The formation of the WIA is a highly positive step towards the promotion of iodine and the impact that will have in numerous applications including both animal and human health and nutrition."
For further information, please contact:
Dr. Tom Becker, CEO & President
Iofina plc
Tel: +44 (0)20 3006 3135
Christopher Raggett/Giles Rolls/Joanna Scott
finnCap Ltd
Tel: +44 (0)20 7220 0500
Rob Collins/Emily Morris
GMP Securities
Tel: +44 (0)20 7647 2800
Dominic Barretto/Harriet Jackson
Yellow Jersey PR Limited
Tel: +44 (0)7768 537 739
About Iofina:
Iofina specializes in the exploration and production of iodine, iodine specialty chemical derivatives and produced water. Iofina's business strategy is to identify, develop, build, own and operate iodine extraction plants currently focused in North America based on Iofina's WET® IOsorb® technology. Iofina has production operations in the United States, specifically in Montana, Kentucky and Oklahoma. It has complete vertical integration from the production of iodine in the field to the manufacture of the chemical end-products derived from iodine to the consumer and the recycling of iodine using iodinated side-streams from waste chemical processes. Iofina utilizes its portfolio of patented and patent pending technology, proprietary methods and trademarks throughout all business lines.