Israel Chemicals Reports Record Results on Higher Volumes

Israel Chemicals (ICL) says fourth quarter 2010 was the company's best fourth quarter ever on all parameters, and the whole of 2010 was the second best year in its history, second only to 2008, an exceptional "spike" year for the fertilizer industry. The strong growth in volumes sold in most segments more than offset the period's decline in selling prices for potash and some other products, ICL says. Gross profit in the fourth quarter was up 23% at $627 million on sales 16% higher at $1.4 billion. Gross margin for the period rose to 44.1% compared with...

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