ICL News & Events

Reports Q1 revenue $2.02B vs. $1.77B last year. "ICL delivered solid growth across all key financial metrics in the first quarter, including a 14% increase in sales, a 15% increase in adjusted EBITDA and adjusted EPS improvement of 22%, with sales growth in all four business segments. This successful performance was achieved as the company demonstrated exceptional execution and operational resilience, while continuing to benefit from our distinctive global presence with regionally diversified operations. The first quarter also included the acquisition of Bartek Ingredients and the establishment of a specialty fertilizer production facility in India - proof points that we are executing against our strategy to drive growth in specialty crop nutrition and specialty food solutions," said Elad Aharonson, president and CEO of ICL.

ICL announced the opening of a new specialty fertilizer production facility in Maharashtra, India. The launch comes at a critical time for India, which relies heavily on fertilizer imports and is now facing supply disruptions due to the latest geopolitical instability and the closure of the Strait of Hormuz. These delays are already affecting fertilizer availability worldwide. This new facility supports the Government of India's "Make in India" initiative. By manufacturing Water Soluble Fertilizers, or WSF, within India, ICL aims to reduce dependence on cross-border supply chains, diversify production routes and ensure more reliable access to essential agricultural inputs. The plant will produce advanced Water Soluble Fertilizers solutions, that enable precise nutrient delivery and higher agronomic efficiency. The new facility will span approximately seven acres and will replicate ICL's advanced production model currently operating in Israel.