ICL-Israel Chemicals Net Worth is13.7 12-Month Sales Growth (%)
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Company Name: Israel Chemicals Ltd.
Company Type: Public company (ICL
Foundation: 1968
Location City: Tel-Aviv
Location Country: Israel
Key People: Stefan Borgas (President and chief executive officer) Industry: Chemicals, Fertilizers
Products: Potash, phosphate, Flame retardants, Food grade phosphoric acid, Elemental bromine, magnesium
Divisions: Fertilizers ,
Industrial Products ,
Performance Products
Revenue: title
Operating Income: net income
Num Employees: 12,000 (2011)
Subsid: Dead Sea Works,
ICL Fertilizers Europe C.V. Iberpotash, S.A.Cleveland Potash
ICL Performance Products LP
Homepage: [http://www.icl-group.com www.icl-group.com]
Intl: yes
Israel Chemicals Ltd. (Hebrew: x?x?x?x?x?x?x?x? x?x?x(C)x?x?x? x?x?"x?) (TASE: ICL), also known as ICL, is a multi-national Israeli manufacturing concern that develops, produces and markets fertilizers, metals and other special-purpose chemical products.
ICL was formed in 1968 as a conglomerate of the Dead Sea Works and other state-owned companies that extracted minerals from Negev desert mines.
In 1977, ICL started its first manufacturing (as opposed to sales) efforts abroad, with the purchase of BK Giulini Chemie GmbH, a German chemicals manufacturer. This was followed in later years with further overseas acquisitions.
ICL was privatized on the Tel Aviv Stock Exchange (TASE) in 1992. The government still retains a "Special State Share," which entitles the State to certain veto rights. Since 1995, ICL's controlling interest is held by the Israel Corporation holding group. As of October 2007, ICL's market cap was US $12.9 Billion.
As of April 2009, the company was said to be considering a bond offering to raise 500 million shekels ($122 million).
In September 2012, the international organization UNICEF gave Israel Chemicals a special authorization to sell its water purification tablets to UNICEF, to use for a relief mission in Syria, as a result of the Syrian civil war. At the time, UNICEF was commanding a project to rehabilitate Syria's water sources, which undertook major damage during the Syrian civil war. Israel Chemicals' "AquaTabs" water purification product will help UNICEF to repair the growing shortage of drinking water in Syria. Israeli Finance Minister Yuval Steinitz authorized the deal on humanitarian grounds.
On October 31, 2012, Canada-based Potash Corp. of Saskatchewan Inc., the worlda??s largest fertilizer maker, said it is in talks with Israela??s government about merging with ICL, in which it holds a 13.84% stake.
90% of ICL's sales are exports. A major player on world markets, ICL through its subsidiaries, accounts for:
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ICL-Israel Chemicals Latest News

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