ICL Group Ltd. - ICL STOCK NEWS

ICL has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021. The report, detailing the company's performance, can be accessed via the SEC website or ICL's official site. In 2021, ICL achieved approximately $7 billion in revenues, showcasing its role as a leading global specialty minerals company. The company focuses on sustainable solutions in food, agriculture, and industrial sectors, employing over 12,000 people globally.

ICL (NYSE: ICL) announces a partnership with Plantible Foods, focusing on innovative alternative protein products derived from lemna. This collaboration includes a multi-million-dollar supply agreement covering the U.S., Europe, Brazil, and Israel. This strategic move capitalizes on the growing alternative protein market, projected to reach $290 billion by 2035. ICL's investment follows its previous partnership with Protera and aligns with its goal to accelerate the development of sustainable food solutions.

ICL reported impressive Q4 2021 results, with consolidated sales reaching $2,038 million, a 55% year-over-year increase. Operating income soared 232% to $461 million, while net income surged 335% to $283 million. For the full year, sales totaled $6,955 million, up 38%. The company anticipates its 2022 adjusted EBITDA between $1,850 million and $2,050 million, supported by strategic specialty business growth. A dividend of 13.18 cents per share, totaling approximately $169 million, is set for payment on March 8, 2022.

ICL (NYSE: ICL, TASE: ICL), a global specialty minerals company, will announce its fourth quarter 2021 results before the TASE market opens on February 9, 2022. Following the release, CEO Raviv Zoller and CFO Aviram Lahav will host a conference call at 8:30 a.m. ET to discuss the results and provide business updates. The conference ID is 6694734. ICL, which reported revenues of approximately $5.0 billion in 2020, emphasizes sustainability solutions across food, agriculture, and industrial sectors.

ICL (NYSE: ICL) has received a gold medal rating from EcoVadis, placing it in the top 5% out of 75,000 companies evaluated. This recognition emphasizes ICL's commitment to sustainability across four key themes: environment, labor rights, ethics, and sustainable procurement. Nitzan Moshe, EVP of Global Operations, stated that the company aims to improve its sustainability practices continuously. ICL operates globally in specialty minerals, focusing on solutions for food, agriculture, and industrial markets, with 2020 revenues around $5.0 billion.

ICL, a global leader in specialty minerals, announced its first supply of clear brine fluids to the UAE from Israel, valued at $6 million. This move follows the Abraham Accords, which have fostered business relations between Israel, the UAE, and Bahrain. ICL anticipates a significant increase in sales of clear brine fluids in 2022, driven by rising drilling activity. The company reported approximately $5.0 billion in revenue for 2020 and employs over 12,000 people worldwide.

ICL (NYSE: ICL) has announced significant growth for its innovative product, Fibagro Advance, a sustainable alternative to peat, sourced from FSC-certified wood in the UK. This product enhances moisture retention and is recognized for its lower carbon footprint. Fibagro Advance's adoption has surged from 12% in 2020 to an expected 50% in 2022, reflecting its growing popularity among professional growers. The product scored 15 points higher in sustainability compared to traditional options, aligning with ICL's commitment to sustainability innovations.

ICL has received approval from the North York Moors Park Authority to continue production of polyhalite and salt at its Boulby Mine for an additional 25 years starting in 2023. This decision supports the company's role as the largest employer in East Cleveland and reinforces its position as the sole producer of polyhalite, a multi-nutrient organic fertilizer. In October, ICL marked a milestone by achieving over 80,000 tons of processed polyhalite production in a month, a record that indicates enhanced operational capabilities.

ICL (NYSE: ICL) has opened a new alternative-protein facility in St. Louis, specifically designed to meet the increasing demand for plant-based meat substitutes. This investment enhances ICL's global Food Specialties portfolio and aims to produce over 15 million pounds of product annually. The facility will transform plant protein into meat-like fibers, focusing on sustainability and innovation in the food industry. With over 75 years of experience, ICL is committed to delivering cleaner, allergen-free, and nutritious food options.