ICL IP Producing its FR-122P Sustainable Polymeric Flame Retardant at Full Capacity in the Netherlands and Israel

Three available grades include powder material, EPS Compacted Grade and XPS Compacted Grade using ICL IP's unique compaction technology

Jun 07, 2016, 04:14 ET from ICL

TEL AVIV, Israel, June 7, 2016 /PRNewswire/ --

ICL (NYSE and TASE: ICL) today announced that its Industrial Products segment ("ICL IP") has completed ramping up its compaction capabilities and is now producing a range of its sustainable polymeric flame retardant at full capacity (in excess of 12,000MT) at ICL IP's plants located in Israel and the Netherlands.

The next-generation flame retardant, which is marketed by ICL IP under the brand name FR-122P, is a sustainable alternative for customers transitioning from hexabromocyclododecane (HBCD)-based flame retardants currently used by the building industry in extruded polystyrene (XPS) and expanded polystyrene (EPS) foam insulation products.

FR-122P is now available from both plants in three grades of top quality products - powder material, EPS compacted grade, and XPS compacted grade using ICL IP's unique in-house compaction technology. ICL IP has received positive feedback on all three grades from its long-standing customers, and with its recently completed compaction capabilities, ICL IP is well-positioned to supply the XPS and EPS markets with their polymeric flame retardant needs.  

FR-122P is manufactured by ICL IP using technology licensed from Dow Global Technologies LLC, a subsidiary of The Dow Chemical Company.

About ICL   

ICL is a global manufacturer of products based on specialty minerals that fulfill humanity's essential needs primarily in three markets: agriculture, food and engineered materials. ICL is a public company whose shares are dual listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). 46.2% of ICL's equity is held by Israel Corp., 13.9% by Potash Corporation of Saskatchewan and the remainder by the public. The company employs approximately 13,000 people worldwide, and its sales in 2015 totaled US$5.4 billion. For more information, visit the company's website at http://www.icl-group.com.

About ICL Industrial Products  

ICL-IP manufactures and markets a broad range of industrial chemicals based on phosphorous, bromine, magnesium, chlorine and salts. ICL-IP's products are life-saving components that reduce the mercury emissions of coal-burning power stations, enhance the safety of deep-water oil and gas drilling operations, and minimize the fire hazard associated with consumer electronics, automobiles, furniture, insulation, and other widely-used products. In addition, the pharmaceutical industry uses bromine as an intermediary in the manufacture of drugs for the treatment of cancer, epilepsy, heart disease and other life-threatening conditions. ICL-IP is one of the world's largest phosphorous flame retardant providers and the industry's leading bromine company. ICL-IP supplies approximately one third of the world's elemental bromine. It employs approximately 2,500 employees in Israel and throughout the world.

PRESS CONTACT 

Gadi Ohana
Debby Communications
+972-3-5683000
gadi@debby.co.il   

INVESTOR RELATIONS CONTACT 

Limor Gruber 
Head of Investor Relations, ICL
+972-3-684-4471
Limor.Gruber@icl-group.com 

SOURCE ICL