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ICL to acquire phosphorus pentasulfide business

7:20 AM MST | February 25, 2013 | Deepti Ramesh

Israel Chemicals Ltd. (ICL; Tel Aviv) says that its ICL Performance Products business has agreed to acquire the phosphorus pentasulfide (P2S5) business assets and operations of Thermphos International (Vlissingen, Netherlands) located at Knapsack, Germany. Financial details of the deal were not disclosed. The acquisition expands ICL Performance Products’ leadership in global markets for phosphorus-based specialty chemicals while expanding its European footprint, ICL says. P2S5 is a specialty ingredient used in the manufacture of highly technical materials...

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