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PRNewsWire
22 days ago
Select Water Solutions Announces Definitive Agreement with ISE Chemicals Corporation Providing for the Development of Commercial Iodine Production Facilities Utilizing Produced Water Infrastructure Across Texas, New Mexico and Oklahoma
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.