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Israel Chemicals

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Native name
  
כימיקלים לישראל בע"מ

Traded as
  
(NYSE: ICL)(TASE: ICL)

Revenue
  
5.363 trillion USD (2016)

Type
  
Public

Headquarters
  
Tel Aviv, Israel

Parent organization
  
Israel Corporation

Israel Chemicals httpsuploadwikimediaorgwikipediacommonsthu

Industry
  
Chemicals Fertilizers Minerals

Founded
  
1968; 49 years ago (1968)

Number of locations
  
195 Offices and plants (2012)

Stock price
  
ICL (TLV) 1,584.00 ILA +23.00 (+1.47%)16 Mar, 12:40 PM GMT+2 - Disclaimer

CEO
  
Asher Grinbaum (11 Sep 2016–)

Profiles

Icl israel chemicals ltd


Israel Chemicals Ltd. (Hebrew: כימיקלים לישראל בע"מ), also known as ICL, is a multi-national manufacturing concern that develops, produces and markets fertilizers, metals and other special-purpose chemical products. ICL serves primarily three markets: agriculture, food and engineered materials. ICL produces approximately a third of the world’s bromine, and is the world’s sixth-largest potash producer, It is a manufacturer of specialty fertilizers and specialty phosphates, flame retardants and water treatment solutions.

Contents

As of April 2009, the company was said to be considering a bond offering to raise 500 million shekels ($122 million).

ICL is majority controlled by the Israel Corporation, one of the largest Israeli conglomerates.

Israel chemicals quarterly profit rises 3 on product prices


Current operations

90% of ICL's sales are exports. A major player on world markets, ICL through its subsidiaries, accounts for:

  • 35% of world bromine production
  • 11% of world potash production and 13% of international potash trade (excluding the cross-border trade between the United States and Canada)
  • 9% of western world primary magnesium consumption
  • 3% of world phosphate rock production, 3% of international phosphate rock trade (excluding the cross-border trade between the US and Canada)
  • One of the world’s most integrated manufacturers and suppliers of phosphate products.
  • ICL exports fertilizers to Europe and to numerous specialty chemical market segments. In Israel, ICL is the largest supplier of fertilizers and chemicals, as well as one of Israel's largest companies.

    60% of ICL's raw products (minerals) are excavated in Israel. ICL also owns and operates underground mines in Spain, United Kingdom (North Yorkshire), China, the US and South America. Also, in Ethiopia at Danakil mine, Afar Regional State, purchased from Allana Potash Corporation.

    Polysulphate

    Polysulphate is a brand name for a variety of polyhalite-based fertilizer products, used in farming. Polysulphate is derived from a polyhalite seam that lies 150–170 m (490–560 ft) beneath the potash seam at Boulby Mine.

    References

    Israel Chemicals Wikipedia


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