Israel Chemicals Ltd (ICL) is a global manufacturer and provider of fertilizers, potash, and chemical solutions, focused primarily on agriculture and industry. The company engages in the mining and production of essential minerals, which are utilized to enhance crop yields and meet the nutritional needs of plants. Additionally, ICL develops and supplies specialty chemicals that support various sectors, including food, pharmaceuticals, and construction. With a commitment to sustainability, ICL integrates innovative practices to deliver high-quality products while minimizing environmental impact, positioning itself as a key player in the global agricultural and industrial markets.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
ICL (NYSE: ICL) (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.
As we seek sustainable and efficient solutions for the biggest challenges of our time- food security, let’s take a look at 4 key Foodtech trends for 2024 and 3 companies that are reshaping the Foodtech industry: ICL Group, Kraft Heinz, and ADM.
ICL (NYSE: ICL) (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.
