IODINE MARKET ANALYSIS

Market News

Global Iodine Market: Key Developments

In September 2022, Evonik, a specialty chemicals company, entered into a binding agreement to sell its 100% ownership of RheinPerChemie GmbH (RPC) to Calibre Chemicals (Calibre), a nutrition, pharmaceutical, and personal care specialty chemicals company, headquartered at Mumbai, India. The leading producer of ammonium and sodium persulphates in Europe is RPC, which is based in Rheinfelden, Germany.

In October 2022, GE Healthcare's Pharmaceutical Diagnostics business announced a long-term agreement with a Chile-based mining company, Sociedad Quimica y Minera de Chile S.A. (SQM), to secure its supply.

In June 2023, Iofina plc, an expert in iodine exploration and production as well as a producer of specialty chemical goods, announced that it's IO#9 IOsorb plant is now running. After undergoing hydrotesting, IO#9 is now allowing brine water to flow through the plant. The company's sixth plant, IO#9, was built with a new partner and is currently in operation in Oklahoma, United States.

In August 2021, Everstone Capital ("Everstone"), a Singapore-based investment firm, purchased the majority stakes in Calibre, a provider of specialty ingredients for the food, personal care, and pharmaceutical industries. With the assistance of the significant and strategic resources of Everstone, this partnership seeks to transform Calibre from a family-owned company into a true global player.