IHS Chemical Week

World News and Views :: Top of the News

ICL reports lower net income and sales as demand for fertilizers, flame retardants declines

1:38 AM MST | November 21, 2012 | Natasha Alperowicz

ICL (Tel Aviv) today reported a 10% drop in third-quarter net income, to $394.8 million, on 4% lower revenues of $1,817.5 million, citing unfavorable exchange rate fluctuations, which accounted for approximately $72 million of the difference in revenues compared with the year-earlier period.    “Despite the challenging global economic environment, ICL continues to demonstrate resilience due to its numerous leading market positions and a balanced portfolio that counterbalances low economic growth,” says Stefan Borgas, ICL’s CEO since 20...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa