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ICL Israel Chemicals Ltd (ICL.TA)

ICL.TA on Tel Aviv Stock Exchange

1,603.00ILa
23 Feb 2017
Change (% chg)

4.00 (+0.25%)
Prev Close
1,599.00
Open
1,614.00
Day's High
1,614.00
Day's Low
1,580.00
Volume
3,600,392
Avg. Vol
1,942,255
52-wk High
1,887.00
52-wk Low
1,336.00

Latest Key Developments (Source: Significant Developments)

Evogene, ICL Innovation enter multi-year R&D collaboration
Tuesday, 14 Feb 2017 07:00am EST 

Evogene Ltd :Evogene Ltd - co, ICL Innovation entered a multi-year research and development collaboration for discovery of novel crop enhancers.  Full Article

ICL announces dismissal of motion for approval of Class Action
Tuesday, 20 Dec 2016 03:48am EST 

Icl Israel Chemicals Ltd : ICL announces dismissal of motion for approval of a class action .ICL Israel Chemicals - court also ruled that plaintiff shall pay to company and other defendants a portion of trial expenses and attorneys' fees.  Full Article

ICL Israel Chemicals reported Q2 EPS $0.09
Wednesday, 10 Aug 2016 06:25am EDT 

ICL Israel Chemicals Ltd : Q2 sales $1.4 billion versus $1.2 billion . ICL reports Q2 2016 results . Qtrly EPS - $0.09; adjusted EPS - $0.10 . Performance of co's potash and phosphate businesses continues to be negatively impacted by low prices and a highly competitive market . Has decided to accelerate transition from extracting and producing potash to producing polysulphate at its ICL UK mine . Decided to accelerate transition from extracting and producing potash to producing polysulphate at its ICL UK mine . Phosphate results are expected to improve during second half of year . Performance of co's potash,phosphate businesses continues to be negatively impacted by low prices and highly competitive market . Potash market operated in a "suspended mode" during Q2 of 2016 due to delays in renewal of contracts with Chinese and Indian importers . Decision regarding ICL UK mine is expected to reduce mine's potash production year-on-year . Currently reviewing,evaluating economic,operational implications of changes including potential impact on workforce numbers .Q2 earnings per share view $0.06, revenue view $1.26 billion -- Thomson Reuters I/B/E/S.  Full Article

ICL signs potash contract for customers in China
Tuesday, 26 Jul 2016 06:25am EDT 

ICL Israel Chemicals Ltd : Agreements also include options to purchase additional quantities; contracts are for delivery during 2016. . Icl signs contracts to supply 700,000 metric tonnes of potash to its customers in China .Contracts are part of three-year framework agreements between icl and its Chinese customers..  Full Article

ICL Israel Chemicals posts Q1 earnings of $0.05/share
Wednesday, 18 May 2016 06:54am EDT 

ICL Israel Chemicals Ltd : ICL Israel Chemicals reports Q1 2016 results . Qtrly earnings per share $0.05 . Q1 sales fell 9.7 percent to $1.27 billion . Qtrly adjusted EPS of approximately $0.07 . Q1 earnings per share view $0.08, revenue view $1.30 billion -- Thomson Reuters I/B/E/S . Company's lower sales in quarter is attributed primarily to a decrease in volumes sold and a drop in selling prices . Sets quarterly dividend of $0.03 per share . For 2016 and 2017, ICL's dividend payout ratio will comprise up to 50% of its adjusted annual net income . Qtrly operating income was impacted by lower sales volumes and prices in fertilizers segment . Says adjusted company's dividend policy . Says to limit capital expenditures (excluding acquisitions) so as not to exceed $650 million a year in 2016 and 2017 . ICL Israel Chemicals Ltd qtrly potash production 1.4 million tonnes versus 834,000 tonnes . "Potash market is adversely affected by delay of 2016 contracts with China, which is usually a trigger for other markets" ."Weak sales to China and India also hurt potash business profit margins".  Full Article

ICL Israel Chemicals Ltd appoints Johanan Locker as Chairman
Wednesday, 20 Apr 2016 04:09pm EDT 

ICL Israel Chemicals Ltd:Johanan Locker has been appointed the next Chairman of the Board of Directors of ICL.Appointment is based on the recommendation of a search committee established by ICL's Board following the recent resignation of Nir Gilad as Chairman of the company.  Full Article

ICL Israel Chemicals Ltd sells Clearon To Dalian Group
Wednesday, 2 Mar 2016 08:19am EST 

ICL Israel Chemicals Ltd:Says ICL Industrial Products segment has sold its Clearon Corp business unit to Hui Yu Xin American Corp.Says sale does not include ICL's brominated biocides business for industrial applications which is a core activity and which ICL will continue to operate separately from Clearon.Clearon intends to continue to sell brominated biocide products to the pool and spa industry.  Full Article

ICL Israel Chemicals Ltd completes formation of China Phosphate Joint Venture With Yunnan Yuntianhua
Monday, 12 Oct 2015 05:02pm EDT 

ICL Israel Chemicals Ltd:Announced that it has completed the formation of a joint venture company ("YPH JV") with Yunnan Phosphate Chemicals Group Corporation Ltd. ("YPC"), China's leading phosphate producer.  Full Article

ICL Israel Chemicals Ltd's unit Licenses technology for wastewater treatment from MIGAL Galilee Research Institute
Monday, 6 Jul 2015 03:32am EDT 

ICL Israel Chemicals Ltd:Says its ICL Haifa subsidiary signed a license agreement with MIGAL Galilee Research Institute (MIGAL) for use of technology related to wastewater treatment.Under terms of agreement ICL HAIFA will have right to develop, manufacture and sell reagents developed by MIGAL to treat wastewater.Says agreement between parties follows successful completion of a year-long pilot program conducted by MIGAL in conjunction with ICL's open innovation arm, ICL Innovation Ltd.Says this program is to develop a method and unique component to help lower pollution levels of wastewater so that water may be reused for irrigation.Technology will be deployed in agricultural products manufactured by ICL HAIFA for its existing and future customers.  Full Article

ICL Israel Chemicals Ltd signs contracts to Supply 835,000 Tonnes of Potash
Friday, 19 Jun 2015 09:20am EDT 

ICL Israel Chemicals Ltd:Says that its ICL Fertilizers segment signed several contracts for the supply of an aggregate of 835,000 metric tonnes of potash to its customers in India, including options.Selling price stipulated in the contracts is $10 per tonne above previous contracts and similar to the prices announced recently by other potash manufacturers for sales to the Indian market.  Full Article

More From Around the Web

BRIEF-Israel Chemicals Q3 results

* Forecast to post net income of $116 million, revenue $1.476 billion -Thomson Reuters I/B/E/S Further company coverage: (Reporting by Tova Cohen)