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Tetra Technologies’ Board of Directors has conditionally approved the final investment decision (“FID”) for the development of the company’s bromine production facility southeast of Stamps.
The board’s authorization for its “Evergreen Project” is subject to the company finalizing financing for the Evergreen Project.
The decision marks a key milestone in Tetra’s transformation into a vertically integrated bromine producer.
“The board’s approval of the final investment decision for our Arkansas bromine facility marks a major milestone in Tetra’s 45-year history,” said Brady Murphy, president and chief executive officer. “This investment will secure a long-term, low-cost domestic supply of…
