{"id":470508,"date":"2021-04-05T01:08:16","date_gmt":"2021-04-05T05:08:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470508"},"modified":"2021-04-05T01:08:16","modified_gmt":"2021-04-05T05:08:16","slug":"icl-signs-contract-to-supply-600000-metric-tons-of-potash-to-india-during-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/icl-signs-contract-to-supply-600000-metric-tons-of-potash-to-india-during-2021\/","title":{"rendered":"ICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021"},"content":{"rendered":"

<\/p>\n

ICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021<\/b><\/p>\n

Agreed contract selling price of $280 per ton<\/i><\/p>\n

TEL AVIV, Israel–(BUSINESS WIRE<\/a>)–ICL (NYSE: ICL) (TASE: ICL<\/i>)<\/b>, a leading global specialty minerals and specialty chemicals company, announced today it has signed a contract with Indian Potash Limited (IPL), India\u2019s largest importer of potash, to supply an aggregate 600,000 metric tons of potash \u2013 with mutual options for an additional 50,000 metric tons \u2013 to be supplied through December 2021. The agreed selling price in the contract is $280 per ton CIFFO Indian ports, $50 per tonne above the previous contract. The contract is part of the five-year supply agreement signed in 2018 between ICL and IPL.\n<\/p>\n

\n\u201cThe contract we have signed in India, one of ICL\u2019s strategic markets, is part of the five-year supply agreement we signed in 2018 with IPL. This contract further testifies to the leading position ICL has in this market and reflects the growing positive momentum in the fertilizer market globally. Favorable weather conditions, an increase in planted areas, and tight supply are contributing to solid global demand for potash,\u201d said ICL\u2019s EVP Chief Commercial Officer, Eli Amon.\n<\/p>\n

About ICL<\/b><\/p>\n

\nICL Group Ltd. is a leading global specialty minerals and chemicals company that creates impactful solutions for humanity’s sustainability challenges in global food, agriculture, and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its passionate team of talented employees, and its strong focus on R&D and technological innovation to drive growth across its end markets. ICL shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs over 11,000 people worldwide, and its 2020 revenues totaled approximately $5.0 billion.\n<\/p>\n

\nFor more information, visit ICL’s website at www.icl-group.com<\/a>.\n<\/p>\n

\nTo access ICL’s interactive Corporate Social Responsibility report, please click here<\/a>.\n<\/p>\n

\nYou can also learn more about ICL on Facebook<\/a>, LinkedIn<\/a> and Instagram<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210404005006\/en\/<\/a><\/span><\/p>\n

Investor Relations Contacts
\n<\/b>
Peggy Reilly Tharp
\n
VP, Global Investor Relations
\n
+1-314-983-7665
\n
Peggy.ReillyTharp@icl-group.com<\/a><\/p>\n

\nDudi Musler
\n
Director, Investor Relations
\n
+972-3-684-4448
\n
Dudi.Musler@icl-group.com<\/a><\/p>\n

Press Contact
\n<\/b>
Adi Bajayo
\n
Scherf Communications
\n
+972-52-4454789
\n
Adi@scherfcom.com<\/a><\/p>\n

KEYWORDS:<\/b> United States India North America Asia Pacific Middle East Israel<\/p>\n

INDUSTRY KEYWORDS:<\/b> Agriculture Natural Resources Manufacturing Mining\/Minerals Chemicals\/Plastics<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

ICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021 Agreed contract selling price of $280 per ton TEL AVIV, Israel–(BUSINESS WIRE)–ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today it has signed a contract with Indian Potash Limited (IPL), India\u2019s largest importer of potash, to supply an aggregate 600,000 metric tons of potash \u2013 with mutual options for an additional 50,000 metric tons \u2013 to be supplied through December 2021. The agreed selling price in the contract is $280 per ton CIFFO Indian ports, $50 per tonne above the previous contract. The contract is part of the five-year supply agreement signed in 2018 between ICL and IPL. \u201cThe … <\/p>\n

Continue reading “ICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-470508","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icl-signs-contract-to-supply-600000-metric-tons-of-potash-to-india-during-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021 Agreed contract selling price of $280 per ton TEL AVIV, Israel–(BUSINESS WIRE)–ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today it has signed a contract with Indian Potash Limited (IPL), India\u2019s largest importer of potash, to supply an aggregate 600,000 metric tons of potash \u2013 with mutual options for an additional 50,000 metric tons \u2013 to be supplied through December 2021. 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