Israel Chemicals (ICL) said on Sunday its chairman Nir Gilad will be retiring in the next few months following an appointment of a new chairman.
Gilad has been chairman of ICL, one of the three largest suppliers of the crop nutrient potash to China, India and Europe, since January 2008.
Details of the retirement and timing will be subsequently published, ICL said in a statement to the Tel Aviv Stock Exchange.
By Steven Scheer
This equipment will significantly lower the site’s CO2 emissions, reduce flaring and save around 60 gigawatt hours (GWh) energy each year. Project kick-off is in February 2021, with completion planned for 2023.
The acquisition significantly strengthens and expands Grace’s existing pharma portfolio. Pharma & Consumer is the largest, fastest growing and most profitable subsegment within Grace’s Materials Technologies business.
Solvay says it has decided to organize its soda ash and derivatives business into a separate and fully controlled legal structure.