ICL Group Ltd (ICL) formerly known as Israel Chemicals Ltd is a multinational specialty minerals and chemicals company headquartered in Tel Aviv, Israel. The company was founded in 1968 and has since become a leading global provider of products derived from minerals, with a particular focus on the agriculture, food, and engineered materials markets.
ICL Group operates through several business segments, including:
- ICL Potash & Magnesium: This segment is involved in the extraction, production, and marketing of potash and magnesium-based products, including fertilizers, which are essential for plant growth and development. ICL Group is one of the world’s leading potash producers, with mining and production facilities in Israel, Spain, and the United Kingdom.
- ICL Phosphate Solutions: This segment specializes in the production and marketing of phosphate-based fertilizers and specialty chemicals. ICL Group sources its phosphate rock from its mining operations in Israel and has production facilities in Europe, North America, and Asia.
- ICL Specialty Fertilizers: This segment focuses on the development, production, and marketing of specialty fertilizers, including controlled-release, water-soluble, and foliar fertilizers. These products are designed to enhance crop yield, quality, and sustainability by providing tailored nutrient solutions for specific crops and growth stages.
- ICL Food Specialties: This segment offers functional ingredients and solutions for the food and beverage industry, including food stabilizers, emulsifiers, dairy proteins, and functional minerals. These products help improve the texture, taste, and nutritional value of various food products.
- ICL Industrial Products: This segment produces and markets a range of industrial chemicals, including bromine-based flame retardants, clear brine fluids for the oil and gas industry, and other specialty chemicals.
