The Dead Sea has given life to Israel Chemicals Limited (ICL). That body of water is rich in bromine, potash, salt, and magnesium — minerals that ICL turns into specialty and agrochemicals, among other products. Bromine commonly is used in flame retardants, and potash is a common fertilizer. The company accounts for a third of the world’s bromine production and 10% of the world’s potash. It is also a major producer of magnesium. Although most of the company’s chemicals are produced in Israel (from the Dead Sea), it also mines for fertilizers in Spain and the UK. Investment firm Israel Corporation, controlled by The Ofer Group, owns 53% of ICL. ICL currently employs 11,035 workers worldwide.
|Millenium Tower 23 Aranha St.|
|Tel-Aviv, Israel 61070|
|Phone: + 972-684-4400|
|Fax: + 972-3-684-4444|