ICL Q3 profit halves as fertiliser business weakens

By Kasia Patel
Published: Thursday, 14 November 2013

Economy slowdown also hits demand for flame retardants

Fertiliser manufacturer Israel Chemicals Ltd (ICL) saw its operating income plunge by 54% to $222m from $483m the previous year as the company saw a sharp decline in the profitability of its fertiliser business.

Segment sales for the fertiliser division, which represented 50.3% of total revenues, fell to $780m, compared...

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