Article
Email Email Print Print
Clip Clip & File

Only on Che.com :: Latest News

July 10, 2014

ICL and AkzoNobel to collaborate on potash and salt operations in Spain

Mary Page Bailey

ICL’s Spanish subsidiary, ICL Iberia (Catalonia, Spain) and AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) signed a non-binding memorandum of understanding to collaborate on the longterm production and marketing of vacuum salt and white potash. The MOU calls for the production and marketing of 1.5 million metric tons (m.t.) of high-quality vacuum salt, as well as 50,000 m.t. of white potash.
 
High-purity vacuum salt, manufactured from a salt by-product of potash mining, is used in a variety of applications by the chemical industry and also applied for specialty grades in the food and feed industries. Under the MOU, the vacuum salt will be produced by a future joint venture between AkzoNobel Chemicals International B.V and ICL Iberia and sold by AkzoNobel Chemicals International B.V. The MOU also calls for AkzoNobel Chemicals International B.V to enter into an off-take agreement with the joint venture for all of the vacuum salt produced by the joint venture. The white potash will be produced and marketed by ICL Iberia.
 
ICL is currently constructing a production facility for the two products at its mining facility located in Suria mine in Catalonia, Spain, within the scope of a previously announced, €170-million Phoenix Project, to increase ICL’s potash mining and production capacity at its Spanish facilities.
The parties will benefit from strong synergies including ICL’s extensive mining and production capabilities in Spain, as well as AkzoNobel’s experience and technical know-how to produce the planned volumes of salt  and its sales and marketing networks.

Add a Comment

Name:
Email:
Comments:

Please enter the letters or numbers you see in the image. (refresh)
 
 

Related Stories

LinkedIn Groups

Our LinkedIn group is now over 33,000 members strong!

  1. Join other CPI professionals from all over the globe and share best practices, expertise, concerns and more.
  2. Provide feedback to Chemical Engineering Editors


Current members represent Worley Parsons, DuPont, SABIC, Fluor, Air Products, LyondellBasell, Nalco, Dow Chemical, Dow Corning, BASF, Jacobs Engineering, ExxonMobil, Shell, Chevron and more.

Join Now



We also offer the following subgroup for more targeted discussions:

Tools
Search the Buyers' Guide

Plant Cost Index

Facts at Your Fingertips (archive)

Ask the Experts

Back Issues
X
To access this area, please log in or create an account.
Username:
Password:
Forgot your password?
Request it now.
Processing...
Live chat by BoldChat