ICL

ICL Overview

Company Headquarters: Tel Aviv-Yafo, Israel

Founded: 1968

Workforce: ~12,600

Company Working: Israel Chemicals Ltd (ICL), together with its subsidiaries, is involved in the production of magnesium hydroxide. The company operates through two business segments—namely essential minerals and specialty solutions. The essential minerals segment is further divided into potash and magnesium, phosphate, and specialty fertilizers. The specialty solutions segment is further sub-segmented into industrial products, advanced additives, and food specialties. Under specialty solutions, its subsidiary, ICL Industrial Products, produces magnesium oxide and is a global leader in specialty magnesia which is used in agriculture, construction, environmental, and general chemical grades. It sells its products through marketing companies, agents, and distributors.

Strategy

ICL is focusing on developing formulations of magnesia-based products to fulfill the unmet needs, such as replacing zinc oxide in consumer products and wallboards in construction, and aluminum products in deodorants. Also, it aims at enhancing its competitive position in the market by optimizing synergies with its potash operations at the Dead Sea.

Company Snapshot

$2,383.9M

Revenue

12,600

Employees

1968

Founded

Tel Aviv-Yafo, Israel

Headquarters

SWOT Analysis

Strengths

Total assets worth USD 8,714 million in 2017
Strong brand image

Weaknesses

Significant indebtedness

Opportunities

Strategic collaborations and partnerships
Investments in R&D

Threats

Natural disasters
REACH regulations

Product Offering

ICL
- Industrial Products

Financial Performance

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