Business
Incorporation of IofinaEX Global
Incorporation of IofinaEX Global.
About this update from Iofina Plc
[{"type":"text","content":"\n \nRNS Number : 7923I Iofina PLC 13 August 2019 \n\n \n \n13 August 2019\nIofina plc\n(\"Iofina\", the \"Group\", or the \"Company\")\n(LSE AIM: IOF)\n \nIncorporation of IofinaEX Global\n \nIofina plc, specialists in the exploration and production of iodine and manufacturers of specialty chemical products, is pleased to announce the incorporation and launch of a subsidiary company IofinaEX Global Inc. \nIofinaEX Global will specialise in the production of Hemp derived products in Central America and the Caribbean for export into the United States and internationally.\nCommenting, President and CEO Dr. Tom Becker stated: \"Our understanding of specialty chemical products presents us with an opportunity to use our pedigree and expertise to expand into the rapidly growing Hemp market. We work closely with regulatory authorities in the USA to ensure all our products conform with the strictest regulatory frameworks in specialty chemicals. The regulatory knowledge that we have acquired gives us an unparalleled perspective on helping the emerging Hemp market develop and operate in the Central American and Caribbean regions, to comply within the strict laws and security safeguards internationally and particularly in the United States.\n\"IofinaEX Global looks forward to working alongside a Government that is keen to develop its country as the hub for the exportation of Hemp derived products in Central America and the Caribbean. We will be making further announcements on our progress in due course.\"\n \nEnquiries:\n \nDr. Tom Becker\nCEO & President\nIofina plc\nTel: +44 (0)20 3006 3135\n \nChristopher Raggett/Giles Rolls/Matthew Radley (corporate finance)\nCamille Gochez (ECM)\nfinnCap Ltd\nTel: +44 (0)20 7220 0500\n \nMedia Contact:\nCharles Goodwin/Harriet Jackson\nYellow Jersey PR Limited\nTel: +44 (0)7544 275 882\n \nAbout Iofina:\nIofina plc (AIM: IOF) is a vertically integrated Company that specialises in the production of Iodine and the manufacturing of specialty chemical products. As the second largest producer of iodine in North America, it comprises three entities; Iofina Resources, Iofina Chemical and IofinaEX. \nLEI: 213800QDMFYVRJYYTQ84\nISIN: GB00B2QL5C79\nIofina Resources\nIofina Resources develops, builds, owns and operates iodine extraction plants using Iof...