ICL has signed a joint venture agreement with Shenzhen Dynanonic to establish lithium iron phosphate cathode active material production in Europe, with an initial investment of €285 million.
Over the past year the Ramat Yohanan-based plastics company has risen 132% in value.
The agreement with AMP Holdings is for specialty water soluble fertilizers, which are used in drip irrigation and designed for cash-crops.
The Israeli company’s second growing solutions acquisition in 2024 is part of its strategy of expand its growing solutions product offerings.