ICL 📈 ICL Israel Chemicals - Overview

ICL Group Ltd is a global specialty minerals and chemicals company, with a diverse portfolio of products that cater to various industries. The company's operations are segmented into four main categories: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment is involved in the production of bromine and bromine-based compounds, which are derived from the potash production process. Additionally, this segment produces a range of products including potash, salt, magnesium chloride, and magnesia products, as well as phosphorous-based flame retardants and other phosphorus-based products.

The Potash segment is a significant contributor to the company's operations, with potash extraction from the Dead Sea being a key activity. This segment also involves the mining and production of potash and salt, as well as the production of polysulphate, magnesium, and magnesium alloys. The company utilizes phosphate commodity products to manufacture specialty products, including phosphate-based fertilizers, sulphuric acid, green phosphoric acid, and phosphate fertilizers. Furthermore, this segment offers a range of phosphate salts and acids for various industrial applications, such as oral care, cleaning products, paints and coatings, water treatment, and construction.

The Phosphate Solutions segment is also engaged in the development and production of functional food ingredients and phosphate additives for the food industry, including processed meat, poultry, seafood, dairy, beverage, and baked goods markets. Moreover, this segment produces milk and whey proteins for the food ingredients industry, highlighting the company's diversification into the food sector. The Growing Solutions segment, on the other hand, focuses on the development, manufacture, and sale of fertilizers based on nitrogen, potash, and phosphate, including water-soluble specialty, liquid, soluble, and controlled-release fertilizers.

ICL Group Ltd has a global presence, with its products being sold through a network of marketing companies, agents, and distributors. The company's history dates back to 1968, and it has undergone significant transformations over the years, including a name change from Israel Chemicals Ltd to ICL Group Ltd in May 2020. With its headquarters in Tel Aviv, Israel, the company is listed on the New York Stock Exchange (NYSE) under the ticker symbol ICL, and its web presence can be found at https://www.icl-group.com. The company's ISIN is IL0002810146, and it is classified as a common stock under the GICS Sub Industry of Fertilizers & Agricultural Chemicals.