ICL Reports Lower Net Income; Record Potash, Phosphate Sales Lift Revenues

ICL (Tel Aviv), a leading fertilizers and specialty chemicals producer, today reported a 4% decline in second-quarter net income, to $407.3 million—but near-record sales of potash and phosphate fertilizers raised revenues to $1.965 billion. This compares with revenues of $1.929 billion in the year-earlier period. The company cites higher financial expenses and a higher tax rate, compared with the second quarter of 2011, for the slight decline in net income. Operating income in the second quarter was flat, at $545.1 million.   Sales by ICL Fertilizers...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers