in this issue
Chemical Week Magazine :: Newsbriefs
ICL profits slide 43% on weak potash volumes
March 18, 2013
Israel Chemicals Ltd. (ICL; Tel Aviv) recorded a 43% fall in net profits for the fourth quarter ended 31 December 2012 compared with the year-ago quarter, to $209.5 million. Fourth-quarter sales decreased 22%, to $1.33 billion, because of lower sales volumes—primarily potash sales to India and China—and lower average prices, ICL says. For full-year 2012, ICL recorded a 14% fall in net profits compared with 2011, to $1.3 billion, and full-year sales decreased 5.6%, to $6.67 billion. The fall in full-year sales was due to the reduced sales in the fourth...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee