ICL Group Ltd. (

Hebrew Hebrew (; ; ) is a Northwest Semitic language of the Afroasiatic language family. Historically, it is one of the spoken languages of the Israelites and their longest-surviving descendants, the Jews and Samaritans. It was largely preserved ...

: איי.סי. אל. גרופ בע"מ) (formerly Israel Chemicals Ltd., ICL) is a multi-national manufacturing concern that develops, produces and markets

fertilizer A fertilizer (American English) or fertiliser (British English; see spelling differences) is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from ...

s, 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 Bromine is a chemical element with the symbol Br and atomic number 35. It is the third-lightest element in group 17 of the periodic table ( halogens) and is a volatile red-brown liquid at room temperature that evaporates readily to form a simi ...

, and is the world's sixth-largest

potash Potash () includes various mined and manufactured salts that contain potassium in water- soluble form.

producer. It is a manufacturer of specialty fertilizers and specialty phosphates, flame retardants and water treatment solutions. ICL is majority controlled by the

Israel Corporation Israel Corporation ( he, החברה לישראל) (also Israel Corp) is Israel's largest holding company. It was founded in 1968 by the Government of the State of Israel. 50% of its manufacturing activities and 70% of its consolidated revenues ...

, one of the largest Israeli conglomerates. In addition to the Dead Sea Works, Israel Chemicals mines phosphates in the

Negev The Negev or Negeb (; he, הַנֶּגֶב, hanNegév; ar, ٱلنَّقَب, an-Naqab) is a desert and semidesert region of southern Israel. The region's largest city and administrative capital is Beersheba (pop. ), in the north. At its sout ...

desert. ICL Group serves customers in Asia.

Operations and business

90% of ICL's sales are exports. Through its subsidiaries, ICL produces 35% of world's

, 13% of the world's potash (excluding US-Canada cross-border trade), 9% of the western world's

magnesium Magnesium is a chemical element with the symbol Mg and atomic number 12. It is a shiny gray metal having a low density, low melting point and high chemical reactivity. Like the other alkaline earth metals (group 2 of the periodic ...

and 3% of the world's

phosphate In chemistry, a phosphate is an anion, salt, functional group or ester derived from a phosphoric acid. It most commonly means orthophosphate, a derivative of orthophosphoric acid . The phosphate or orthophosphate ion is derived from phosph ...

rock, (excluding US-Canada cross-border trade). 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 North Yorkshire is the largest ceremonial county (lieutenancy area) in England, covering an area of . Around 40% of the county is covered by national parks, including most of the Yorkshire Dales and the North York Moors. It is one of four co ...

), China, the United States 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 Polyhalite is an evaporite mineral, a hydrated sulfate of potassium, calcium and magnesium with formula: . Polyhalite crystallizes in the triclinic system, although crystals are very rare. The normal habit is massive to fibrous. It is typically c ...

-based

products, used in farming. Polysulphate is derived from a polyhalite seam that lies beneath the

potash Potash () includes various mined and manufactured salts that contain potassium in water- soluble form.

seam at Boulby Mine, England.

Food business

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. In December 2021, ICL announced the grand opening of a 10,000 square foot alternative protein production facility in St. Louis,

Missouri Missouri is a state in the Midwestern region of the United States. Ranking 21st in land area, it is bordered by eight states (tied for the most with Tennessee): Iowa to the north, Illinois, Kentucky and Tennessee to the east, Arkansas t ...

Financials

In April 2009, the company was said to be considering a bond offering to raise 500 million shekels ($122 million). 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. The bonds of the new offer are running for 20 to 30 years.

References

External links

*
Israel Chemicals acquires Allana Potash for $150m
{{Authority control Fertilizer companies of Israel Companies listed on the Tel Aviv Stock Exchange Chemical companies of Israel Ofer family Companies listed on the New York Stock Exchange Manufacturing companies based in Tel Aviv Formerly government-owned companies of Israel