This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (August 2022)
ICL Group Ltd. (Hebrew: איי.סי. אל. גרופ בע"מ) (formerly Israel Chemicals Ltd., ICL)[8] 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.[9] ICL produces approximately a third of the world's bromine, and is the world's sixth-largest potash producer.[10] It is a manufacturer of specialty fertilizers and specialty phosphates, flame retardants and water treatment solutions.[11]
ICL is majority controlled by the Israel Corporation, one of the largest Israeli conglomerates. In addition to the Dead Sea Works, Israel Chemicals mines phosphates in the Negev desert.[12]
90% of ICL's sales are exports. Through its subsidiaries, ICL produces 35% of world's bromine, 13% of the world's potash (excluding US-Canada cross-border trade), 9% of the western world's magnesium and 3% of the world's phosphate rock, (excluding US-Canada cross-border trade).[14]
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.[citation needed]
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 United States and South America.[citation needed] Also, in Ethiopia at Danakil mine, Afar Regional State, purchased from Allana Potash Corporation.
Polysulphateedit
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, England.[15]
Food businessedit
ICL is active in the market for plant-based meat alternatives and invested $20 million in October 2019 to expand its manufacturing capacity and R&D base.[16]
In December 2021, ICL announced the grand opening of a 10,000 square foot alternative protein production facility in St. Louis, Missouri.[17]
Financialsedit
In April 2009, the company was said to be considering a bond offering to raise 500 million shekels ($122 million).[18]
ICL announced in September 2018 that it was launching a tender to buy back $800 million worth of 4.5 percent debt due in 2024 sold to bondholders in 2014.[19] The bonds of the new offer are running for 20 to 30 years.[19]
Referencesedit
^Q4 2021 results(PDF) (press release), ICL, 13 February 2021
^"New Israel Chemicals CEO: Big shoes to fill". Ha'aretz. 20 August 2012.
^. Businessweek. Bloomberg L.P. Archived from the original on 28 September 2013. Retrieved 22 September 2013.
^. Archived from the original on 3 August 2014. Retrieved 25 September 2013.
^"Israel Chemicals Q3 report". Calcalist. Yedioth Ahronoth Group. 13 November 2013. Retrieved 13 November 2013.
^ICL. "ICL Announces That Johanan Locker Will Conclude his Tenure as Chairman". www.prnewswire.com (Press release). Retrieved 15 June 2022.
^. Archived from the original on 28 August 2022. Retrieved 16 February 2021.
^"Israel Chemicals teams with Vietnamese co". Globes. 2 September 2013. Retrieved 29 September 2013.
^Donville, Christopher (25 July 2013). "Potash Cuts Profit Forecast After Fertilizer Price Drop". Bloomberg. Retrieved 30 September 2013.
^"Israel Corp Limited/The (ILCO:Tel Aviv)". Businessweek. Bloomberg.com. Archived from the original on 29 September 2013.
^Knesset hears sovereign wealth fund will fall short of PM’s predicted bonanza
^"ICL Group Ltd - Company Profile and News". Bloomberg.com. Retrieved 4 July 2022.
^Israel Chemicals - Company Profile 2 December 2013 at the Wayback Machine BusinessWeek
^Lazenby, Henry. "Polyhalite – an almost forgotten potash source back from the brink". Mining Weekly. Retrieved 19 May 2016.
^"Israel Chemicals invests $20M in plant-based ingredient production". Food Dive. Retrieved 31 October 2019.
^"ICL Opens New Alternative-Protein Facility in St. Louis". ICL Group. Retrieved 15 June 2022.
^"Israel Chemicals Mulls 500 Mln Shekel Bond Issue". Retrieved 12 April 2009.
^ ab"Israel Chemicals seeks to extend debt with 20-30 year bond sale". Reuters. 14 May 2018. Retrieved 31 October 2019.
External linksedit
Official website
December 20, 2023
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This article may have been created or edited in return for undisclosed payments a violation of Wikipedia s terms of use It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view August 2022 ICL Group Ltd Hebrew איי סי אל גרופ בע מ formerly Israel Chemicals Ltd ICL 8 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 9 ICL produces approximately a third of the world s bromine and is the world s sixth largest potash producer 10 It is a manufacturer of specialty fertilizers and specialty phosphates flame retardants and water treatment solutions 11 ICL Group Ltd Native nameאיי סי אל גרופ בע מTypePublicTraded asNYSE ICLTASE ICLIndustryChemicalsFertilizersMineralsFounded1968 55 years ago 1968 HeadquartersTel Aviv IsraelNumber of locations125 offices and plants 2022 Area servedWorldwideKey peopleRaviv Zoller President and CEO Yoav Doppelt Chairman Akiva Mozes President and CEO 1999 2012 ProductsBromineFlame retardantsFood grade phosphoric acidMagnesiumPotashPhosphate fertilizersWater treatment solutionsRevenueUS 6 955 billion 2021 Operating incomeUS 1 21 billion 2021 Net incomeUS 832 million 2021 OwnerInstitutional investors and general public 56 02 Israel Corporation Ltd 43 98 Number of employees13 233 2021 DivisionsIndustrial productsPotashPhosphate solutionsGrowing solutionsWebsitewww icl group comFootnotes references 1 2 3 4 5 6 7 Mineral extraction in the Dead SeaICL is majority controlled by the Israel Corporation one of the largest Israeli conglomerates In addition to the Dead Sea Works Israel Chemicals mines phosphates in the Negev desert 12 ICL Group serves customers in Asia 13 Contents 1 Operations and business 1 1 Polysulphate 1 2 Food business 2 Financials 3 References 4 External linksOperations and business edit90 of ICL s sales are exports Through its subsidiaries ICL produces 35 of world s bromine 13 of the world s potash excluding US Canada cross border trade 9 of the western world s magnesium and 3 of the world s phosphate rock excluding US Canada cross border trade 14 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 citation needed 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 United States and South America citation needed Also in Ethiopia at Danakil mine Afar Regional State purchased from Allana Potash Corporation Polysulphate edit 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 England 15 Food business edit ICL is active in the market for plant based meat alternatives and invested 20 million in October 2019 to expand its manufacturing capacity and R amp D base 16 In December 2021 ICL announced the grand opening of a 10 000 square foot alternative protein production facility in St Louis Missouri 17 Financials editIn April 2009 the company was said to be considering a bond offering to raise 500 million shekels 122 million 18 ICL announced in September 2018 that it was launching a tender to buy back 800 million worth of 4 5 percent debt due in 2024 sold to bondholders in 2014 19 The bonds of the new offer are running for 20 to 30 years 19 References edit Q4 2021 results PDF press release ICL 13 February 2021 New Israel Chemicals CEO Big shoes to fill Ha aretz 20 August 2012 ISRAEL insider Nir Gilad Akiva Mozes Executive Profile amp Biography Businessweek Bloomberg L P Archived from the original on 28 September 2013 Retrieved 22 September 2013 Israel Chemicals ownership Data Archived from the original on 3 August 2014 Retrieved 25 September 2013 Israel Chemicals Q3 report Calcalist Yedioth Ahronoth Group 13 November 2013 Retrieved 13 November 2013 ICL ICL Announces That Johanan Locker Will Conclude his Tenure as Chairman www prnewswire com Press release Retrieved 15 June 2022 Israel Chemicals Ltd s Announcement of a Name Change to ICL Group Ltd Archived from the original on 28 August 2022 Retrieved 16 February 2021 Israel Chemicals teams with Vietnamese co Globes 2 September 2013 Retrieved 29 September 2013 Donville Christopher 25 July 2013 Potash Cuts Profit Forecast After Fertilizer Price Drop Bloomberg Retrieved 30 September 2013 Israel Corp Limited The ILCO Tel Aviv Businessweek Bloomberg com Archived from the original on 29 September 2013 Knesset hears sovereign wealth fund will fall short of PM s predicted bonanza ICL Group Ltd Company Profile and News Bloomberg com Retrieved 4 July 2022 Israel Chemicals Company Profile Archived 2 December 2013 at the Wayback Machine BusinessWeek Lazenby Henry Polyhalite an almost forgotten potash source back from the brink Mining Weekly Retrieved 19 May 2016 Israel Chemicals invests 20M in plant based ingredient production Food Dive Retrieved 31 October 2019 ICL Opens New Alternative Protein Facility in St Louis ICL Group Retrieved 15 June 2022 Israel Chemicals Mulls 500 Mln Shekel Bond Issue Retrieved 12 April 2009 a b Israel Chemicals seeks to extend debt with 20 30 year bond sale Reuters 14 May 2018 Retrieved 31 October 2019 External links editOfficial website Israel Chemicals acquires Allana Potash for 150m Retrieved from https en wikipedia org w index php title ICL Group Ltd amp oldid 1188572495, wikipedia, wiki, book, books, library,
