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Israel's ICL sales increased in I-IX 2008




Israel Chemicals Ltd. (ICL), an Israel based multinational fertilizer and specialty chemicals company, sales of industrial products for the first nine months of 2008 increased by 55% to $993.4 million, representing 16.7% of total revenues (before offsets of inter-segment sales). This reflected the addition of $241.6 million in revenues during the nine-month period from Supresta, which ICL acquired on August 14, 2007, together with an increase in sales of brominated flame retardants, inorganic brominated products, biocides, magnesia and chlorine-based products. The segment has also benefited from a decrease in the output of Chinese competitors related to the increased costs of their bromide production.



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