ICL: Costly strike will transform potash and bromine labour relations

By James Sean Dickson
Published: Monday, 01 June 2015

Israel Chemicals’ cost cutting programme, combined with the recently agreed terms which have ended a near-four month strike, should bring the company back into an internationally competitive position, according to its management.

Tel Aviv-headquartered bromine and potash producer Israel Chemicals Ltd (ICL) has said that while costly, recent strikes have ended in a deal that will "transform labour relations and management control" at its plants.

The company said that it will now be able to implement "efficiency and operational excellence measures (…) gain...

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