TETRA signs $95M construction contract for Arkansas bromine facility expansion

Filed June 15, 2026 · Period ending June 12, 2026 · ~1 min read

Key Changes

• high

  TETRA's subsidiary signed a $95M construction agreement with Diversified Construction & Design for Phases 2 and 3 of its Evergreen bromine facility in Arkansas, covering most of the $220M remaining project scope.

  Item 8.01 view on EDGAR →
• high

  Final investment decision remains contingent on securing additional financing, meaning full project funding is not yet locked down despite the construction contract being signed.

  Forward-Looking Statements verify on EDGAR →
• medium

  Contractor faces liquidated damages for delays but capped at only $2M (about 2% of contract value), providing limited downside protection if construction falls behind schedule.

  Item 8.01 view on EDGAR →