ICL: Costly strike will transform potash and bromine labour relations
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 (…)