|
ICL Industrial Products to Raise the Price of Phosphorus Flame Retardants
ICL Completes Acquisition of Supresta
Supresta Will Increase Its List Prices on Selected Products Effective July 1, 2007 or as Contracts Allow
Supresta Appoints Mike Nagridge Manager, Market Support, Polyurethanes
Alex Santamaria Lasheras Joins Supresta as Regional Sales Manager, Southern Europe
News from 2006
ICL Industrial Products to Raise the Price of Phosphorus Flame Retardants
BEER-SHEVA, Israel, November 19 /PRNewswire-FirstCall/ -- ICL Industrial Products will increase the price of Supresta's phosphorus based flame retardants. The price increase will take effect in all territories from December 1, 2007, subject to existing contracts. Prices will increase as follows:
* Fyrol(TM) PCF and Fyrol FR line of flame retardants will increase by 5%. Fyrol(TM) PCF and Fyrol FR are used for a range of rigid and flexible polyurethane foam applications.
* Fyrol CEF flame retardants will increase by 7% globally. Fyrol CEF is used for production of rigid polyurethane boardstock foam and unsaturated polyester resin.
* Fyrolflex BDP flame retardant pricing will increase by $0.50/kg globally. Fyrolflex BDP is used in engineered resin applications such as polyphenylene oxide alloys and PC/ABS.
* Phosflex flame retardant plasticizers will increase by 5-9% globally. These are used in flexible polyvinyl chloride as well as a variety of other applications.
Increasing raw material costs requires ICL-IP to increase the prices of these products, in order to maintain the service level and product advocacy.
ICL Industrial Products is one of ICL's (TASE: ICL) three operating segments. It produces bromine, magnesia and chlorine from Dead Sea brines, and manufactures and markets a range of compounds, including flame retardants, bromides for industry, agriculture and water treatment, as well as a range of magnesia products and chlorine-based products for numerous uses. Recently ICL-IP acquired Supresta, the industry leader in the manufacture, distribution, and service of organophosphorus flame retardants.
Λ Back to Top
ICL Completes Acquisition of Supresta
Tel Aviv, Israel, August 14 , 2007
ICL COMPLETES ACQUISITION OF SUPRESTA -
Acquisition Establishes ICL as a World Leader
in Phosphorus-Based Flame Retardants.
Israel Chemicals Ltd. (ICL) (TASE: ICL), a
multinational fertilizer and specialty chemicals company, today announced that it has
completed the acquisition of Supresta LLC.
Supresta is a leading manufacturer and marketer of phosphorus-based flame retardants.
Originally the phosphorus chemicals unit of Akzo Nobel, the Dutch chemical company,
Supresta was established in 2004 with the acquisition of its operations from Akzo Nobel
by a portfolio company of Ripplewood Holdings LLC, a U.S.-based private equity firm.
Today, Supresta employs more than 300 workers in two plants, one in the U.S. and one in
Germany. It manufactures more than 80 phosphorus-based products used in industrial
applications ranging from flame retardants for polyurethane foam and engineering resins
to plasticizers for the plastics industry, functional fluids for power stations and other uses.
Supresta operates two R&D and applications centers and markets its products throughout
the world, with particular strength in North America and Europe. The acting President
and CEO of Supresta is Richard Hooper.
ICL intends to integrate Supresta into its ICL Industrial Products segment to realize
synergies in operations, marketing and the purchase of raw materials. The acquisition will
diversify ICL Industrial Products’ portfolio of flame retardants, enabling it to initiate sales
to the polyurethane foam and engineering plastics markets, while also enhancing its
geographic marketing reach. In addition, the acquisition will enhance ICL Industrial
Products’ R&D capabilities through the addition of organophosphorus technology and
intellectual property towards the development of next-generation products based on
phosphorus.
Rothschild Inc. acted as financial advisor to ICL on this transaction.
About ICL Industrial Products
ICL Industrial Products produces about a third of the world's elemental bromine and is a
leading provider of bromine-based downstream products such as flame retardants, clear
brines for the oil and gas exploration industries and water treatment biocides. It also
produces magnesia and chlorine-based salts. ICL Industrial Products primary markets
include Western Europe, the US, China, Japan and Taiwan. Its revenues for 2006 were
$838 million with operating income of $208.9 million.
ICL is one of the world's leading fertilizer and specialty chemicals companies. ICL
produces approximately a third of the world's bromine and approximately 10% of its
potash. ICL is a leading supplier of fertilizers in Europe and a major player in specialty
fertilizer market segments. One of the world's most integrated manufacturers and
suppliers of phosphate products, ICL has become the world's leading provider of pure
phosphoric acid and a major specialty phosphate player. The Company employs
approximately 9,300 employees worldwide.
ICL is comprised of three core segments: ICL Fertilizers, ICL Industrial Products and
ICL Performance Products. Its major production activities are located in Israel, Europe,
the US, South America and China, and are supported by major global marketing and
logistics networks. ICL benefits from exclusive concessions to extract minerals from
Israel's Dead Sea, a vast source of high-quality and low-cost potash, bromine,
magnesium chloride and sodium chloride. ICL also mines phosphate rock from Israel's
Negev Desert and potash and salt from its mines in Spain and the UK.
ICL’s (Israel Chemicals Ltd.) revenues for 2006 were $3.3 billion with operating income
of $536 million. ICL’s shares are traded on the Tel Aviv Stock Exchange (TASE: ICL).
Visit ICL-IP web site
Λ Back to Top
Supresta Will Increase Its List Prices on Selected Products Effective July 1, 2007 or as Contracts Allow
For Immediate Release—June 1, 2007
Contact—Tina Picariello, 914.269.5900
ARDSLEY, NEW YORK — Supresta, LLC will increase its list prices on selected products effective July 1, 2007, or as contracts allow.
Supresta will raise the prices of its Lindol line of plasticizers, Syn-O-Ad line of lubricant additives and Fyrquel line of special application fluids by 4–5 percent. The price increase is required to help offset rising raw material and energy costs.
Supresta is a worldwide, industry-leading manufacturer and distributor of phosphorus based flame-retardants, plasticizers, additives, and lubricants. Supresta’s diverse portfolio includes the product lines Fyrol(™), Phosflex(™), Fyrolflex(™), Fyrquel(™), Syn-o-Ad(™) and Victawet(™).
For more information, please contact Tina Picariello at Supresta, 914.269.5900, tina.picariello@supresta.com or log onto www.supresta.com.
Supresta is headquartered in Ardsley, New York, and has regional offices in Amersfoort, the Netherlands; Tokyo, Japan; and Shanghai, China. Supresta is dedicated to supporting fire safety, committed to operational excellence, and supports Responsible Care initiatives.
##
Λ Back to Top
Supresta Appoints Mike Nagridge Manager, Market Support, Polyurethanes
May 2006
Contact—Tina Picariello, 914.269.5900
ARDSLEY, NEW YORK — Supresta is pleased to announce the hiring of Mike Nagridge, who will assume the role of Manager, Market Support, Polyurethanes. In this position, Mike is responsible for Supresta’s North American Technical Market Support functions in flexible and rigid polyurethane foams. He will be based at Supresta’s research and development facility in Ardsley, New York, USA.
As Manager, Market Support, Polyurethanes, Mike will address customer product performance issues; communicate technical issues to customers; maintain technical relationships with customers; and help the Supresta improve its understanding of flame retardant regulations.
“Mike comes to Supresta with strong support service, technical service, and technical marketing experience,” says Anantha Desikan, Vice President Research & Development at Supresta. “He has an extensive background in the areas of expandable polystyrene and flexible polyurethane foam and adds significant value to Supresta and our customers.”
For more information, please contact Tina Picariello at Supresta, 914.269.5900, tina.picariello@supresta.com or log onto www.supresta.com.
Supresta is a worldwide, industry-leading manufacturer and distributor of phosphorus based flame retardants, plasticizers, additives, and lubricants. Supresta’s diverse portfolio includes the product lines Fyrol™, Phosflex™, Fyrolflex™, Fyrquel™, Syn-o-ad™, and Victawet™. With headquarters in Ardsley, New York, and regional offices in Amersfoort, the Netherlands, and Shanghai, China, Supresta is dedicated to continuous improvement and to responsible care.
##

Λ Back to Top
|