ICL announces Haifa Chemicals arbitration decision
Published by Angharad Lock,
Digital Assistant Editor
World Fertilizer,
According to the Examiner's decision, the Proven Price for the years 2012 and 2013 will be US$171/t and US$158/t.
ICL Group has announced its decision respecting the arbitration proceeding held between the subsidiary Dead Sea Works Ltd (DSW) and Haifa Chemicals Ltd. A decision was rendered by the Examiner in regards to the potash price limit based on DSW's costs for the years 2012 and 2013.
According to the Examiner's decision, the Proven Price for the years 2012 and 2013 will be US$171/t and US$158/t.
Based on its contentions, the Company estimates that it will not incur in significant costs or receive significant amounts in respect of the past period (2009–2014).
Read the article online at: https://www.worldfertilizer.com/potash/10072016/icl-announces-haifa-chemicals-arbitration-decision/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Three in one: Knight Material Technologies leverages the expertise from three companies for sulfuric acid protection
Sulfuric acid poses a persistent threat to the structural integrity of critical equipment used in the fertilizer industry. For corrosion protection, fertilizer producers can rely on a single source using fluoropolymers, dual laminates and acid-resistant mortars and bricks. Case studies can supply credible examples of the solution’s long-lasting success in challenging applications.