Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Israel
  4. TEL AVIV STOCK EXCHANGE
  5. ICL Group Ltd
  6. News
  7. Summary
    ICL   IL0002810146

ICL GROUP LTD

(ICL)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

ICL Expanding Specialty Product Offerings to Meet Growing Demand from Electric Vehicle Battery Market

08/30/2021 | 01:10am EDT

ICL announced it is now able to offer a complete range of mono ammonium phosphate (MAP) solutions from its YPH joint venture plant in China. As YPH controls the entire phosphate value chain, from the mine to the product, it is able to provide both flexibility and cost effectiveness, while also meeting unique customer specifications. ICL is committed to creating additional capacity to meet rapidly increasing customer demand for specialty MAP products, including for the production of lithium iron phosphate (LFP) batteries destined for electric vehicles and other energy storage. ICL considers strong demand for EV and energy storage as a significant source of potential growth for its phosphate- and bromine-based specialty products, in both the short- and long-term. The company is currently exploring partnerships with customers who are focused on expanding the use of LFP, and other specialty technology, in Europe and the United States. By 2030, Cairn ERA forecasts global demand for LFP batteries will reach more than 1 million tons, for a market value of up to $5 billion, due to a shift toward the lower cost cathode materials used in more affordable EV automobile models. ICL expects to leverage both its knowledge of LFP and its global phosphate footprint to capitalize on this emerging trend and is also collaborating with the Columbia Electrochemical Energy Center (CEEC) of Columbia University, to improve battery safety and energy density and is exploring multiscale modeling across lithium iron phosphate, lithium metal and zinc-bromine batteries.


© S&P Capital IQ 2021
All news about ICL GROUP LTD
10/14EuroEyes Welcomes Ophthalmologists Dr. Wladislaw Giesbrecht and Dr. Ahmed Medra as Grou..
DJ
10/14ICL : Expands Partnership With Haldor Topsoe for Potassium Nitrate Supply
MT
10/14ICL : Expands Potassium Nitrate Supply Arrangement with Haldor Topsoe
BU
10/13ICL : OCP Group and ICL Join Forces to Support Sustainability Programs at UM6P and BGU
BU
10/13OCP Group and ICL Group Join Forces to Support Sustainability Programs at UM6P and BGU
CI
10/12ICL : Fundamental Change - Form 6-K
PU
10/11KOBI ALTMAN : ICL Group Names Lahav Chief Financial Officer as Altman Retires
DJ
10/11ICL : Finance Chief to Retire, Successor Named
MT
10/11ICL : Announces Chief Financial Officer Transition
BU
10/11ICL Group Ltd Announces the Retirement of Kobi Altman as CFO of the Company, Effective ..
CI
More news
Financials (USD)
Sales 2021 6 494 M - -
Net income 2021 638 M - -
Net Debt 2021 2 383 M - -
P/E ratio 2021 16,6x
Yield 2021 2,95%
Capitalization 10 617 M 10 610 M -
EV / Sales 2021 2,00x
EV / Sales 2022 1,83x
Nbr of Employees 11 000
Free-Float 53,2%
Chart ICL GROUP LTD
Duration : Period :
ICL Group Ltd Technical Analysis Chart | ICL | IL0002810146 | MarketScreener
Technical analysis trends ICL GROUP LTD
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 8,27 $
Average target price 8,29 $
Spread / Average Target 0,27%
EPS Revisions
Managers and Directors
Raviv Zoller President & Chief Executive Officer
Kobi Altman Chief Financial Officer
Yoav Doppelt Executive Chairman
Miri Mishor Senior Vice President-Information Technology
Eyal Ginzberg Chief Technology Officer & Senior VP
Sector and Competitors