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
Pivot Bio sustainability programme verifies the avoidance of more than 315 000 t of CO2e since 2022
Pivot Bio has announced that growers opting to validate their implementation of better nitrogen management practices through the company’s N-OVATOR programme have avoided more than 315 000 t of CO2e over the first two years of the programme.