Iodine producer and specialty chemicals group Iofina has delivered its strongest monthly production performance to date. The AIM-quoted company said its IOsorb® plants produced 74.3 metric tonnes of crystalline iodine in August 2025, marking a new monthly record.

The improved performance reflects stable operating conditions, with the group’s sites avoiding recent extreme weather events. Output was further supported by the commissioning of IO#11, the latest addition to its portfolio, which has performed in line with expectations. Iofina now operates eight plants across Oklahoma, with five located in the northwest of the state and three in the central region.

Alongside the production update, Iofina reported a $1.8mn increase in cash reserves, following receipt of Employee Retention Tax Credit refunds and associated interest. The US government scheme was introduced during the pandemic to support companies that maintained employment through periods of disruption. Iofina had engaged a specialist tax audit firm to secure the credits, which it said reflected the challenges it faced at the time, including process shutdowns triggered by negative pricing and government moratoriums.

The group said further details of trading and financial performance would be provided in its interim results later this month.

President and CEO, Dr. Tom Becker, lauded the group’s record production, adding:

“We continue to execute our growth strategy, recently adding IO#11 to our portfolio, and it is performing as expected. Moving ahead, the Company is focused on maximising production in our core areas and is looking to expand into new areas in the future as site contracts are being concluded, along with the completion of plant designs and enhancements for future iodine production.”

News in full

In the video below, President & CEO Tom Becker outlines iofina’s business including the increasing global demand for iodine