First Permian Basin Commercial Iodine Facility Targeted for Commissioning in 2027
~3,000 Tonnes Per Year of Iodine Production Targeted by End of 2030
Collaboration Represents One of the First Large-Scale Efforts to Commercialize Iodine Recovery from Produced Water Utilizing Existing Oilfield Water Infrastructure in the United States
GAINESVILLE, Texas, June 25, 2026 /PRNewswire/ -- Select Water Solutions, Inc. ("Select", NYSE and NYSE Texas: WTTR) announced today that subsidiaries of Select and ISE Chemicals Corporation ("ISE Chemicals") (TSE: 4107) have entered into a definitive agreement providing for the development of commercial-scale iodine extraction and refining facilities utilizing produced water sourced through Select's Water Infrastructure network across Texas, New Mexico and Oklahoma.
Under the agreement, ISE Chemicals would fund, design, construct, own, and operate iodine extraction and refining facilities, while Select would provide produced water sourcing, transportation, storage, pretreatment, recycling, and infrastructure support through its existing Water Infrastructure platform, for which Select will receive a royalty payment. The formal collaboration is intended to establish a new U.S. domestic source of iodine while creating an additional value stream from produced water managed across Select's comprehensive network.
The initial commercial facility is expected to be commissioned in 2027 and will be located within Select's core Permian Basin footprint. The facility represents the first phase of a broader development program designed to evaluate scalable expansion opportunities across Select's extensive produced water infrastructure network, with ~3,000 tonnes per year of iodine production targeted by the end of 2030.
Advancing Select's Water Infrastructure Growth Strategy
The agreement further advances Select's strategy of expanding the value generated from its Water Infrastructure segment. As customer demand for sustainable water management continues to increase, Select believes its extensive network of pipelines, treatment facilities, storage assets, recycling systems, and disposal infrastructure provides a unique foundation for resource recovery initiatives from existing produced water streams.
Similar to Select's previously announced resource recovery initiatives, the iodine recovery collaboration with ISE Chemicals demonstrates the Company's commitment to identifying innovative opportunities that create additional value from produced water. By combining Select's extensive Water Infrastructure network and operational expertise with ISE Chemicals' industry-leading iodine extraction capabilities, the companies intend to establish a scalable platform for resource recovery that complements and enhances Select's core Water Infrastructure business.