ICL profits slump

Sinclair, Neil; Gibson, Jane
November 2006
ICIS Chemical Business;11/27/2006, Vol. 1 Issue 45, p7
Trade Publication
This article reports that operating profits from Israel Chemicals Ltd. (ICL) have declined in the third quarter of 2006. ICL blamed higher energy and other manufacturing costs, slow potash sales and adverse currency movements for the decline. Acquisition of the Astaris business, plus higher selling prices, were reflected in a doubling to $27 million in profits from the performance products division. Sales soared by 80% to $279 million.


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