Israel Chemicals
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184530366
2008-01-15T18:23:36Z
KFP
245880
Unreferenced.
{{unreferenced|date=January 2008}}
'''Israel Chemicals Ltd.''' ([[Hebrew language|Hebrew]]: כימיקלים לישראל בע"מ), also known as ICL, is a multi-national [[Israel]]i manufacturing concern that develops, produces and markets [[fertilizer]]s, [[metals]] and other special-purpose chemical products.
==History==
<!-- This should go under an article on the Dead Sea Works:
began in the early 20th century as a small domestic company aiming to extract minerals from the [[Dead Sea]] by inexpensive solar evaporation techniques. In [[1952]], the company became the Israeli [[government-owned corporation]] [[Dead Sea Works]].
-->
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 [[Germany|German]] chemicals manufacturer. This was followed in later years with further overseas acquisitions.
ICL was [[privatization|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.
==Current operations==
90% of ICL's sales are exports. A major player on world markets, ICL through its subsidiaries, accounts for{{Fact|date=February 2007}}:
* 35% of world [[bromine]] production
* 11% of world [[potash]] production and 13% of international potash trade (excluding the cross-border trade between the [[United States]] and [[Canada]])
* 9% of western world primary [[magnesium]] consumption
* 3% of world [[phosphate]] rock production, 3% of international phosphate rock trade (excluding the cross-border trade between the US and Canada)
* One of the world’s most integrated manufacturers and suppliers of phosphate products.
ICL's operations also make it a leading supplier of fertilizers in [[Europe]] and a major player in numerous specialty chemical market segments. In Israel, ICL is the leading supplier of fertilizers and the leading chemical concern, 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 [[mining|mine]]s in [[Spain]], [[United Kingdom]] ([[North Yorkshire]]), [[China]], the [[United States|US]] and [[South America]].
==External links==
*[http://www.icl-group.com/ ICL Group]
[[Category:Manufacturing companies of Israel]]
[[Category:Fertilizer companies]]
[[he:כימיקלים לישראל]]