Articles from ICL Group LTD

ICL Announces Appointment of Elad Aharonson as New President and Chief Executive Officer
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced its Board of Directors has approved the appointment of Elad Aharonson as ICL’s new president and chief executive officer, effective March 13, 2025. He will succeed Raviv Zoller who will work with Aharonson to ensure a smooth and orderly transition.
By ICL Group LTD · Via Business Wire · December 23, 2024
ICL Announces Follow-On Investment in Plantible Foods and Celebrates Industry Recognition for Innovative Food Ingredient
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced a follow-on investment in Plantible Foods, participating in the company's Series B funding round. This investment builds upon ICL's initial participation in Plantible's Series A round and furthers the strategic collaboration between the two companies.
By ICL Group LTD · Via Business Wire · December 17, 2024
ICL Unveils Breakthrough in Flame Retardant Technology
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced the launch of VeriQuel R100, an innovative, reactive phosphorus flame retardant (FR) designed for rigid polyurethane insulation products, such as those used for sheathing, in-wall and PIR roofing - the preferred choice for more than 70% of commercial roofs. ICL invested more than $2 million of R&D into this groundbreaking phosphorus-based product, which offers a more sustainable alternative to traditional additive flame retardants.
By ICL Group LTD · Via Business Wire · December 13, 2024
ICL Announces Planned Departure of President and CEO Raviv Zoller
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced that Raviv Zoller, the company's president and CEO for the past seven years, is expected to leave the company in early 2025, following both the appointment of a replacement and a formal transition.
By ICL Group LTD · Via Business Wire · December 5, 2024
ICL Reports Third Quarter 2024 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the third quarter ended September 30, 2024. Consolidated sales were $1.75 billion versus $1.86 billion in the prior year. Operating income was $214 million, with adjusted operating income of $243 million, versus $227 million of operating income in the third quarter of last year. Adjusted EBITDA was $383 million versus $346 million. Diluted earnings per share were $0.09, with adjusted diluted EPS of $0.11, versus $0.11 in the third quarter of last year.
By ICL Group LTD · Via Business Wire · November 11, 2024
ICL Announces Third Quarter 2024 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release third quarter 2024 results prior to the opening of the TASE market on Monday, November 11, 2024.
By ICL Group LTD · Via Business Wire · October 23, 2024
ICL Recognized by Fortune as a Company That is Changing the World
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced that Agmatix, the company’s ag tech digital start-up, has been named to Fortune’s 10th Annual Change the World list. The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Among other factors, nominees are assessed on their measurable impact on people and the planet, profitability related to their impactful work, and the degree of innovation they have demonstrated.
By ICL Group LTD · Via Business Wire · October 15, 2024
ICL Expands Further into North American Energy Storage Supply Chain by Partnering with Orbia Fluor & Energy Materials
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a memorandum of understanding (MOU) with Orbia Advance Corp., S.A.B. de C.V. (BMV: ORBIA*) Fluor & Energy Materials (OF&EM), as both companies continue to expand their presence in the North American battery materials supply chain. The MOU provides a framework for ICL’s Industrial Products division to supply phosphorus trichloride (PCl3) to OF&EM for its use in the production of LiPF6 – a critical raw material for lithium-ion batteries – at its planned St. Gabriel, La., manufacturing plant. ICL produces PCl3 at its plants in Gallipolis Ferry, W.Va., and in Bitterfeld, Germany, and is considered a leading global supplier of this high-quality material necessary for this essential battery component.
By ICL Group LTD · Via Business Wire · September 25, 2024
ICL Makes Significant Expansion in China, with Opening of New Food Specialty Plant
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has opened a new food specialty plant in China, which was designed to help customers easily partner with ICL to create novel and innovative food offerings tailored to Chinese consumers’ palates. The facility will manufacture specialty food solutions in the meat, poultry and seafood segments, such as texturants and marinades, among other offerings, and was built in the thriving Zhangjiagang Free Trade Zone, which is located in the heart of the Greater Shanghai area.
By ICL Group LTD · Via Business Wire · September 24, 2024
ICL Continues Global Specialty Fertilizers Expansion With ~$170 Million Distribution Agreement in China
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a five-year agreement with AMP Holdings Group Co. Ltd., one of China's top agricultural distribution companies. The agreement, valued at approximately $170 million, will run until 2028 and advances ICL’s stated goal to expand its Growing Solutions product offerings and to position the business for further growth in major end-markets.
By ICL Group LTD · Via Business Wire · August 27, 2024
ICL to Participate in Fireside Chat at Jefferies 2024 Industrials Conference
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced Anantha Desikan, executive vice president and chief technology and innovation officer for ICL, will be presenting at Jefferies 2024 Industrials Conference at 8:40 a.m. ET on Wednesday, September 4, 2024.
By ICL Group LTD · Via Business Wire · August 20, 2024
ICL Reports Second Quarter 2024 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the second quarter ended June 30, 2024. Consolidated sales were $1.75 billion versus $1.87 billion in the prior year. Operating income was $211 million, with adjusted operating income of $225 million, versus $300 million of operating income in the second quarter of last year. Adjusted EBITDA was $377 million versus $441 million. Diluted earnings per share were $0.09, with adjusted diluted EPS of $0.10, versus $0.13 in the second quarter of last year.
By ICL Group LTD · Via Business Wire · August 14, 2024
ICL Continues Expanding Its Specialty Plant Nutrition Footprint in North America
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has acquired Custom Ag Formulators (CAF), a North American provider of customized agriculture formulations and products for growers, for approximately $60 million. CAF offers a diverse assortment of liquid adjuvants and enhanced nutrients, as well as various other specialty products. This latest Growing Solutions acquisition, the second of 2024, advances ICL’s stated goal of targeting acquisitions to expand its Growing Solutions product offerings and to position the business for further growth in new and adjacent end-markets.
By ICL Group LTD · Via Business Wire · July 29, 2024
ICL Announces Second Quarter 2024 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release second quarter 2024 results prior to the opening of the TASE market on Wednesday, August 14, 2024.
By ICL Group LTD · Via Business Wire · July 24, 2024
ICL Publishes Annual Corporate Responsibility (ESG) Report
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced its 2023 Corporate Responsibility (ESG) report has been published. The report provides access to topic-specific information and comprehensive charts, among other data. As part of the company’s commitment to improving its sustainability performance, it continued its ambitious GHG emissions (Scope 1 & 2) reduction efforts, resulting in an additional 4% decrease – down 22.2% to data relative to a 2018 baseline.
By ICL Group LTD · Via Business Wire · June 13, 2024
ICL Reports First Quarter 2024 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the first quarter ended March 31, 2024. Consolidated sales were $1.7 billion versus $2.1 billion in the first quarter of last year. Operating income was $203 million versus $465 million, while adjusted operating income was $215 million versus $480 million. Adjusted EBITDA was $362 million versus $610 million in the first quarter of last year. Diluted earnings per share were $0.08 versus $0.22, and adjusted diluted EPS was $0.09 versus $0.23.
By ICL Group LTD · Via Business Wire · May 9, 2024
ICL to Present at 2024 BMO Global Farm to Market Conference
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced Anantha Desikan, executive vice president and chief innovation and technology officer of ICL, will be presenting at 2024 BMO Global Farm to Market Conference at 11 a.m. ET on Thursday, May 16, 2024.
By ICL Group LTD · Via Business Wire · May 2, 2024
ICL Announces First Quarter 2024 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release first quarter 2024 results prior to the opening of the TASE market on Thursday, May 9, 2024.
By ICL Group LTD · Via Business Wire · April 15, 2024
ICL Files 2023 Annual Report on Form 20-F
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (SEC). Included, for the third year in a row, are Task Force on Climate-related Financial Disclosures (TCFD), which provide information on what ICL is doing to mitigate the risks of climate change and reduce its carbon footprint.
By ICL Group LTD · Via Business Wire · March 14, 2024
ICL Accelerating Biologicals Portfolio Growth in Brazil with Strategic Acquisition
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has acquired Nitro 1000, a manufacturer, developer and provider of biologicals in Brazil for approximately $30 million. This acquisition marks another meaningful step into the biologicals market, while expanding ICL’s product offerings and positioning the company for further expansions into new and adjacent end-markets.
By ICL Group LTD · Via Business Wire · February 28, 2024
ICL Reports Fourth Quarter and Full Year 2023 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the fourth quarter and full year ended December 31, 2023. Consolidated annual sales were $7,536 million versus a record $10,015 million in 2022. Net income was $647 million versus $2,159 million, while adjusted net income was $715 million versus $2,350 million. Annual adjusted EBITDA was $1,754 million versus $4,007 million in 2022. Diluted earnings per share for 2023 were $0.50, while adjusted diluted EPS was $0.55. Operating cash flow was $1,595 million in 2023, while free cash flow was $818 million. For 2023, the Company paid out more than $350 million in dividends.
By ICL Group LTD · Via Business Wire · February 28, 2024
ICL Announces Fourth Quarter 2023 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release fourth quarter 2023 results prior to the opening of the TASE market on Wednesday, February 28, 2024.
By ICL Group LTD · Via Business Wire · January 29, 2024
ICL Announces Plans to Develop Customer Innovation and Qualification Center
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced plans to invest $30 million to develop a customer innovation and qualification center (CIQC) in North America, as the company continues to execute on its long-term plan to provide commercial solutions for the energy storage systems (ESS) market in the United States. The CIQC is expected to become a hub for ICL, its partners and its customers, as the company looks to make significant advancements in its battery materials R&D capabilities.
By ICL Group LTD · Via Business Wire · December 19, 2023
ICL Reports Third Quarter 2023 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the third quarter ended September 30, 2023. Consolidated sales were $1.9 billion versus $2.5 billion, while operating income was $227 million versus $935 million in the third quarter of last year. Operating cash flow was $407 million vs. $606 million, and adjusted EBITDA was $346 million versus $1,049 million.
By ICL Group LTD · Via Business Wire · November 8, 2023
ICL Announces Third Quarter 2023 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release third quarter 2023 results prior to the opening of the TASE market on Wednesday, November 8, 2023.
By ICL Group LTD · Via Business Wire · October 19, 2023
ICL to Participate in Fireside Chat at Jefferies 2023 Industrials Conference
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced Phil Brown, president of the company’s Phosphate Division and managing director of North America for ICL, will be presenting at Jefferies 2023 Industrials Conference at 4 p.m. ET on Wednesday, September 6, 2023.
By ICL Group LTD · Via Business Wire · August 30, 2023
ICL Breaks Ground on $400 Million Battery Materials Manufacturing Plant in St. Louis
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, celebrated the groundbreaking of its battery materials manufacturing plant in St. Louis, which is expected to be the first large-scale lithium iron phosphate (LFP) facility in the U.S. The $400 million facility is planned to be operational by 2025 and will help meet growing demand from the energy storage, electric vehicle (EV) and clean-energy industries for U.S.-produced-and-sourced essential battery materials. ICL’s investment in the plant was augmented by a $197 million grant from the U.S. Department of Energy.
By ICL Group LTD · Via Business Wire · August 9, 2023
ICL Reports Second Quarter 2023 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the second quarter ended June 30, 2023. Consolidated sales were $1.8 billion versus $2.9 billion, while operating income was $300 million versus $1,139 million in the second quarter of last year. Operating cash flow was $391 million vs. $627 million. Adjusted EBITDA was $441 million versus $1,258 million, and diluted earnings per share were $0.13 versus $0.44.
By ICL Group LTD · Via Business Wire · August 9, 2023
ICL Announces Second Quarter 2023 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release second quarter 2023 results prior to the opening of the TASE market on Wednesday, August 9, 2023.
By ICL Group LTD · Via Business Wire · July 13, 2023
ICL Provides Updates on Chinese Potash Agreement and 2023 EBITDA Guidance
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced an update to its 2022 to 2024 framework agreement with its customers in China. The company has agreed to supply those customers with an aggregate amount of 800,000 metric tons of potash during 2023, with mutual options for an additional 350,000 tons. The agreed upon price is $307 per ton, which aligns with recent contract settlements.
By ICL Group LTD · Via Business Wire · June 22, 2023
ICL Publishes Annual Corporate Responsibility (ESG) Report
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced its 2022 Corporate Responsibility (ESG) report has been published. The online report provides easy access to more than 100 topic-specific web pages and contains interactive features, including short films and dynamic data charts. The company also incorporated several SASB and TCFD indicators and GRI standards into the report, in addition to publishing disclosures according to TCFD, as part of its 2022 annual report.
By ICL Group LTD · Via Business Wire · June 8, 2023
ICL to Participate in Fireside Chat at BMO’s 2023 Global Farm to Market Conference
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced Aviram Lahav, CFO of ICL, will be presenting at BMO’s 2023 Global Farm to Market Conference at 10:15 a.m. ET on Thursday, May 18, 2023.
By ICL Group LTD · Via Business Wire · May 11, 2023
ICL Reports First Quarter 2023 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the first quarter ended March 31, 2023. Consolidated sales were $2.1 billion versus $2.5 billion. Operating income was $465 million versus $902 million, while adjusted operating income was $480 million versus $880 million in the first quarter of last year. Adjusted EBITDA was $610 million versus $1,002 million. Earnings per share were $0.22 versus $0.49, and adjusted diluted EPS was $0.23 versus $0.48.
By ICL Group LTD · Via Business Wire · May 10, 2023
ICL Announces Sustainability Linked Revolving Credit Facility
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has entered into a $1,550 million sustainability linked revolving credit facility agreement. The initial term is for five years, with an option for the lenders to extend the period for another two years. The agreement is with a consortium of 12 international banks and replaces the previous revolving credit facility, which was entered into in 2018.
By ICL Group LTD · Via Business Wire · April 24, 2023
ICL Announces First Quarter 2023 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release first quarter 2023 results prior to the opening of the TASE market on Wednesday, May 10, 2023.
By ICL Group LTD · Via Business Wire · April 19, 2023
ICL Files 2022 Annual Report on Form 20-F
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (SEC). Included, for the second year in a row, are Task Force on Climate-related Financial Disclosures (TCFD), which provide information on what ICL is doing to mitigate the risks of climate change and reduce its carbon footprint. ICL is committed to be aligned with TCFD recommendations structured around four thematic areas of governance, strategy, risk management, and metrics and targets.
By ICL Group LTD · Via Business Wire · February 28, 2023
ICL Reports Record Full Year and Fourth Quarter 2022 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its fourth quarter and full year financial results for the year ended December 31, 2022. Consolidated annual sales were $10,015 million, an increase of 44% year-over-year versus $6,955 million recorded in 2021. Annual operating income of $3,516 million was up 191%, while adjusted operating income of $3,509 million was up 194%. Net income of $2,159 million in 2022 was 176%, while adjusted net income of $2,350 million was up 185%. Annual adjusted EBITDA of $4,007 million was up 138% over $1,687 million, and adjusted EBITDA margin of 40% was up significantly versus 24%. Diluted earnings per share for 2022 of $1.67 were up 178% versus $0.60 while adjusted diluted earnings per share of $1.82 were up 185% versus $0.64.
By ICL Group LTD · Via Business Wire · February 15, 2023
ICL Included in Bloomberg’s 2023 Gender-Equality Index
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has been included in Bloomberg’s 2023 Gender-Equality Index (GEI). The GEI aims to track the performance of public companies committed to transparency in gender-data reporting and measures gender equality across five pillars: leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand.
By ICL Group LTD · Via Business Wire · February 7, 2023
ICL Announces Fourth Quarter 2022 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release fourth quarter 2022 results prior to the opening of the TASE market on Wednesday, February 15, 2023.
By ICL Group LTD · Via Business Wire · January 31, 2023
ICL Invests in Breakthrough Sustainable Protein Ingredients Startup Arkeon
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced its AgriFood innovation and investment platform, ICL Planet Startup Hub, has invested €2.75 million in Arkeon, GmbH. The investment will support Arkeon’s innovative and sustainable one-step fermentation bioprocess, which creates completely customizable protein ingredients by capturing the greenhouse gas carbon dioxide (CO2) and converting it into the 20 proteinogenic amino acids necessary for human nutrition. The resulting alternative proteins are carbon negative and clean-label functional ingredients.
By ICL Group LTD · Via Business Wire · January 19, 2023
ICL Signs Strategic Partnership Agreement with General Mills
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it will be the strategic specialty phosphate solutions supplier to General Mills. The long-term agreement will begin in June of 2023 and will initially be focused on supply in North America, with the potential for international expansion.
By ICL Group LTD · Via Business Wire · January 11, 2023
ICL Pioneers Sustainable Citrus Fruit Preservation with FruitMag
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, has announced the launch of FruitMag, a sustainable and superior solution for post-harvest citrus fruit treatment. This innovative offering is mineral-based and fungicide free, unlike the products currently used by the global citrus fruit industry. By using a food-grade magnesia product, ICL is able to eliminate toxic materials and reduce product losses, while increasing shelf life.
By ICL Group LTD · Via Business Wire · December 2, 2022
ICL Reports Record Third Quarter 2022 Results
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the third quarter ended September 30, 2022. Consolidated sales of $2,519 million were up 41% year-over-year versus $1,790 million. Operating income of $935 million was up 191% versus $321 million, while adjusted operating income of $928 million was up 195% versus $315 million. Net income of $633 million was up 181%, while adjusted net income of $628 million was up 192%. Adjusted EBITDA of $1,049 million was up 139% versus $438 million. Adjusted EBITDA margin of 41.6% was up versus 24.5%. Earnings per share of $0.49 were up 188% versus $0.17.
By ICL Group LTD · Via Business Wire · November 9, 2022
ICL Announces Updated Five-Year Targets at Investor Day
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, announced plans to continue to grow contribution from its specialties businesses and will provide more details during its virtual Investor Day at 8:30 a.m. ET today. The company expects its Industrial Products, Phosphate Specialties (part of Phosphate Solutions) and Growing Solutions (formerly Innovative Ag Solutions) to deliver more than $2 billion of EBITDA by 2027. This amount would reflect an improvement of more than 100% over 2021 and result in a 16% CAGR.
By ICL Group LTD · Via Business Wire · October 25, 2022
ICL Expands Digital Suite in India with ICLeaf
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced the launch of ICLeaf, a revolutionary diagnostics tool, which will provide farmers with a personal prescription for maximizing yield. The tool measures 10 different elements in a leaf sample and then delivers accurate, real-time feedback and a recommendation regarding nutrient use.
By ICL Group LTD · Via Business Wire · October 21, 2022
ICL to Lead Efforts in U.S. to Develop Sustainable Supply Chain for Energy Storage Solutions, with $400 Million Investment in New Lithium Iron Phosphate Manufacturing Capabilities
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis. This is expected to be the first large-scale LFP material manufacturing plant in the United States. The company was awarded $197 million through the Bipartisan Infrastructure Law funding, which is subject to the completion of negotiations with the Department of Energy. The plant is expected to be operational by 2024 and will produce high-quality LFP material for the global lithium battery industry, using primarily a domestic supply chain. The LFP plant represents a significant expansion of ICL’s energy storage portfolio and demonstrates the company’s commitment to developing high-quality specialty products for agricultural, food and industrial applications.
By ICL Group LTD · Via Business Wire · October 19, 2022
ICL Announces Third Quarter 2022 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release third quarter 2022 results prior to the opening of the TASE market on Wednesday, November 9, 2022.
By ICL Group LTD · Via Business Wire · October 14, 2022
ICL Announces Date for 2022 Investor Day
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it will host its virtual 2022 Investor Day on Tuesday, October 25. On that day, Raviv Zoller, president and CEO of ICL, Aviram Lahav, CFO of ICL, and other members of ICL’s senior management team will provide an overview of the company’s updated targets.
By ICL Group LTD · Via Business Wire · September 7, 2022
ICL Launches Groundbreaking Biodegradable Coated Fertilizer Technology
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today ushered in a new era for controlled release urea with the launch of eqo.x, a groundbreaking rapidly biodegradable release technology designed for open field agriculture. This innovative solution is achieved through a coating, which will help farmers maximize agricultural crop performance while also limiting environmental impact, by reducing nutrient loss and by increasing nutrient use efficiency (NUE) up to 80%. The release technology also allows for increased or similar yields with reduced fertilizer rates, can help reduce the number and amount of nitrogen applications, and provides consistent and predictable nutrient release.
By ICL Group LTD · Via Business Wire · September 1, 2022
ADDING MULTIMEDIA ICL and Lavie Bio Enter Strategic Collaboration to Develop Novel Bio-Stimulant Products
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, and Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN), a leading computational biology company focused on revolutionizing product discovery and development in multiple life-science based industries, announced today a multi-year, strategic, collaboration agreement between ICL and Lavie Bio Ltd., a subsidiary of Evogene.
By ICL Group LTD · Via Business Wire · August 17, 2022
ICL to Participate in Fireside Chat at Jefferies Industrials Conference
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced Philip Brown, president of ICL Phosphate Specialties and managing director of North America, will be presenting at the Jefferies Virtual Industrials Conference at 10 a.m. ET on Wednesday, August 10, 2022.
By ICL Group LTD · Via Business Wire · August 3, 2022
ICL Reports Record Second Quarter 2022 Results and Raises Guidance
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the second quarter ended June 30, 2022. Consolidated sales of $2,880 million were up 78% year-over-year versus $1,617 million. Operating income of $1,139 million was up 369% versus $243 million and up 383% versus adjusted operating income of $236 million. Net income of $563 million was up 302%, while adjusted net income of $751 million was up 456%. Adjusted EBITDA of $1,258 million was up 249% versus $360 million. EBITDA margin of 43.7% was up versus 22.3%.
By ICL Group LTD · Via Business Wire · July 27, 2022
ICL Joins Forces with PlantArcBio to Boost Crop Yields
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, and ag-biotech company PlantArcBio, Ltd. (TASE: PLNT), today announced the development of a novel bio-stimulant technology platform, which will improve crop yields while having a minimal impact on the environment. The platform successfully uses of RNAi technology to maximize a plant's natural yield increase mechanisms, without any genetic modification, and was the result of a multi-year research collaboration between the two companies.
By ICL Group LTD · Via Business Wire · July 19, 2022
ICL Announces Second Quarter 2022 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release second quarter 2022 results prior to the opening of the TASE market on Wednesday, July 27, 2022.
By ICL Group LTD · Via Business Wire · July 8, 2022
ICL Signs Memorandum of Understanding with Aleees for Production of Lithium Iron Phosphate Battery Cathode Materials
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a memorandum of understanding (MOU) with Aleees, a Taiwanese manufacturer of lithium iron phosphate (LFP) battery cathode materials. As part of the understanding, Aleees will grant licensed technology on LFP to ICL and will also provide the company with technical information and support services to accelerate the development of cathode material production in the United States.
By ICL Group LTD · Via Business Wire · July 7, 2022
ICL Named as one of the Top Workplaces in Greater St. Louis for 2022
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has been named one of the Top Workplaces for 2022 by The St. Louis Post-Dispatch. The list is based solely on employee feedback gathered by Energage, an employee engagement survey company. The anonymous survey uniquely measures 15 culture drivers critical to the success of any organization, including alignment, execution, and connection, just to name a few.
By ICL Group LTD · Via Business Wire · June 27, 2022
ICL Signs Long-Term Supply Agreement with India Potash Limited to Supply Organic Polysulphate
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a long-term agreement with India Potash Limited (IPL) to supply Polysulphate through 2026, with a renewal option. The five-year term is for an aggregate amount of 1 million metric tons, with quantities increasing for each year of the agreement. Each shipment will be a minimum of 25,000 tons and equally distributed across the calendar year, with prices and payment terms to be fixed between IPL and ICL from time to time.
By ICL Group LTD · Via Business Wire · June 13, 2022
ICL Iberia Awarded 2022 Green Leaf Award by International Fertilizer Association
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced ICL Iberia has been recognized by the International Fertilizer Association (IFA) and awarded its prestigious 2022 Green Leaf Award for excellence in safety, health and the environment (SHE). ICL Iberia’s Suria plant in Spain was selected out of 25 applicants in the phosphate/potash producer category, and its application included an environmental case study on actions taken to further reduce greenhouse gas emissions and specifics on overall SHE management for a fertilizer mining site.
By ICL Group LTD · Via Business Wire · June 2, 2022
ICL Publishes Annual Corporate Responsibility (ESG) Report
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced its 2021 Corporate Responsibility (ESG) report has been published. The on-line report provides easy access to more than 140 topic-specific web pages and also contains interactive features, including short films and dynamic data charts. The company also incorporated several SASB and TCFD indicators and GRI standards into the report, in addition to publishing disclosures according to TCFD, as part of its 2021 annual report.
By ICL Group LTD · Via Business Wire · May 31, 2022
ICL Creates Dedicated Energy Storage Solutions Unit
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has created a dedicated internal unit focused on energy storage. In response to increasing demand for lithium-ion (Li-ion) batteries destined for electric vehicles and other energy storage offerings, the company swiftly adjusted its organizational structure and developed a global, multidisciplinary team, to address these opportunities.
By ICL Group LTD · Via Business Wire · May 27, 2022
ICL Planet Startup Hub to Partner With StartLife
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has partnered with startup accelerator StartLife in its quest to invest in startups focused on new ways to address global challenges in food and agricultural production. These challenges range from increasing yields and tackling food insecurity, to cutting greenhouse gas emissions. Both organizations are fully geared toward accelerating the business development and growth of early-stage startups, and this partnership enables them to advance in their shared mission.
By ICL Group LTD · Via Business Wire · May 19, 2022
ICL to Participate in Fireside Chat at BMO’s 2022 Global Farm to Market Conference
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced Aviram Lahav, CFO of ICL, will be presenting at BMO’s 2022 Global Farm to Market Conference at 8:45 a.m. ET on Thursday, May 19, 2022.
By ICL Group LTD · Via Business Wire · May 18, 2022
ICL Among Top 25 Finalists for St. Louis Business Journal's 2022 Corporate Philanthropy and Innovation in Philanthropy Award
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced its ICL Americas team was among the top 25 finalists for the St. Louis Business Journal’s 2022 Corporate Philanthropy and Innovation in Philanthropy Awards. The award recognizes the top 75 companies, which provided the most in charitable contributions in 2021 based on total cash and in-kind giving.
By ICL Group LTD · Via Business Wire · May 16, 2022
ICL Reports Record First Quarter 2022 Results and Raises Guidance
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the first quarter ended March 31, 2022. Consolidated sales of $2,525 million were up 67% year-over-year versus $1,510 million. Operating income of $902 million was up 388%, while adjusted operating income of $880 million was up 376%. Net income attributed of $632 million was up 368%, while adjusted net income attributed of $613 million was up 354%. Adjusted EBITDA of $1,002 million was up 232% versus $302 million.
By ICL Group LTD · Via Business Wire · May 11, 2022
ICL Announces First Quarter 2022 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release first quarter 2022 results prior to the opening of the TASE market on Wednesday, May 11, 2022.
By ICL Group LTD · Via Business Wire · May 2, 2022
ICL Files 2021 Annual Report on Form 20-F
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission (SEC).
By ICL Group LTD · Via Business Wire · February 23, 2022
ICL Planet Startup Hub Continues to Invest in Plant-Based Proteins
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced its innovation platform, ICL Planet Startup Hub, has invested in – and will be partnering with – Plantible Foods, a vertically integrated agricultural platform producing a functional protein derived from lemna. The investment follows Plantible Food’s Series A funding round last September, which was led by Astanor Ventures, a global leader in agriFood impact investing.
By ICL Group LTD · Via Business Wire · February 16, 2022
ICL Included in Bloomberg’s 2022 Gender-Equality Index
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has been included in Bloomberg’s 2022 Gender-Equality Index (GEI). The GEI aims to track the performance of public companies committed to transparency in gender-data reporting and measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.
By ICL Group LTD · Via Business Wire · January 26, 2022
ICL Announces Fourth Quarter 2021 Earnings Call
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release fourth quarter 2021 results prior to the opening of the TASE market on Wednesday, February 9, 2022.
By ICL Group LTD · Via Business Wire · January 19, 2022
ICL Awarded Prestigious Gold Medal by EcoVadis
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has been awarded the prestigious gold medal rating by EcoVadis, for the first time, meaning it is ranked in the top 5% out of 75,000 rated suppliers.
By ICL Group LTD · Via Business Wire · January 5, 2022
ICL to Supply Clear Brine Fluids for Oil and Gas Drilling to the Emirates
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it will be supplying clear brine fluids to the United Arab Emirates, directly from Israel for the first time. ICL is expected to supply an initial $6 million of materials by the end of this year, and the company intends to significantly increase its clear brine fluid sales to the Emirates during 2022.
By ICL Group LTD · Via Business Wire · December 22, 2021
ICL Increasing Circular Economy Impact Through Expanded Growth of Fibagro Advance, a Sustainable Peat Alternative
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it expects to see expanded growth of Fibagro Advance, a unique and superior peat alternative manufactured in the UK from home grown Forest Stewardship Council (FSC) sourced wood, which is a by-product of the timber industry. This innovative and advanced woodfibre product is being used as a key component in professional growing media mixes and provides professional growers with a sustainable growing solution.
By ICL Group LTD · Via Business Wire · December 7, 2021
ICL Boulby Application to Continue Mining and Production of Polyhalite Approved Through 2048
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced the North York Moors Park Authority Planning Committee approved the ICL Boulby Mine’s application for the continuation of polyhalite and salt production for an additional 25 years, which will begin in 2023 when the current planning permission expires.
By ICL Group LTD · Via Business Wire · December 3, 2021
ICL Opens New Alternative-Protein Facility in St. Louis
ICL (NYSEICL) (TASE: ICL), a leading global specialty-minerals company, today opened its latest production facility in St. Louis. The company’s new alternative-protein facility will produce a plant-based meat substitute for use by food companies, food-service distributors, restaurants and grocery chains. The significant investment represents an expansion of ICL’s global Food Specialties portfolio and the company’s focus on developing healthier and more sustainable food products.
By ICL Group LTD · Via Business Wire · December 2, 2021
ICL to Participate in Fireside Chat at Morgan Stanley’s Global Chemicals, Agriculture and Packaging Conference
ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced that Raviv Zoller, president and CEO of ICL, will present at Morgan Stanley’s Global Chemicals, Agriculture and Packaging Conference at 10:15 a.m. ET on Thursday, November 11, 2021.
By ICL Group LTD · Via Business Wire · November 5, 2021