PRESS CONTACT Fleisher Communications and Public Relations Amiram Fleisher +972-3-6241241 [email protected] Announcement A unique Israel-based partnership is creating a new global knowledge and research center for fertilizers and plant nutrition At a new center to be set up in the Negev, Israel, advanced methods in fertilization and plant nutrition will be investigated and developed. This knowledge is required now more than ever, in light of the need for more and better food and increased efficiencies to respond to the growing world population, decreasing agricultural land and the urgent need for better environmental stewardship worldwide. Tel Aviv, Israel, May 19, 2015 – The Center for Fertilization and Plant Nutrition (CFPN), a new center for research and knowledge in the field of fertilizers and plant nutrition, is to be established under a cooperation agreement between the Israeli Agricultural Research Organization (ARO; Volcani Center) and ICL (NYSE and TASE: ICL). CFPN will operate at the ARO Gilat Research Center in the Negev, with research conducted by ARO scientists in partnership with colleagues from other research institutions. The center will also closely collaborate with the regional council representing farmers in the area. Research will be developed and expanded under various themes (see below) and CFPN will offer scholarships and research grants to graduate and PhD students from Israel and other countries. In addition, funds will be allocated to dissemination and sharing of research findings to a global audience and to hosting international conferences, which will help cement Israel’s place as a world leader in the field of fertilization and plant nutrition. "Plant fertilization has a decisive impact on crop quantity and quality," emphasizes Nissim Adar, CEO of ICL Fertilizers. "Optimizing and adapting fertilization to the needs of the crop leads to increased yield per unit area, greater plant resistance to stresses, and improved crop quality. It enables farmers to feed the growing population and to fight world hunger. " However, despite the crucial importance of fertilization, and global awareness of the need to increase the amount of food produced and its nutritional value, the number of researchers in 1 this field is diminishing. "It is important for us to produce a new generation of researchers in this field," says Prof. Yoram Kapulnik, Director of ARO. "It is clear that this knowledge is needed today more than ever. Correct fertilization increases crop resistance to diseases and pests and thus can help reduce the use of pesticides. It also allows plants to better cope with various stresses, and can enhance the nutritive and health value of the produce. The shelf-life of the crop after harvesting can also be extended.” “This collaboration between ARO’s Volcani Center and ICL - a joint mobilization of the public, private and agricultural sectors – will contribute to improving food security and ensuring food supply in the future,” concludes Prof. Kapulnik. CFPN research themes: 1. Evaluation of new fertilizers and application methods on crops 3. Create new soil and plant advanced nutrient diagnostic tools and methods 2. 4. 5. Optimization of fertilization practices in selected crops Identify and evaluate methods for recycling nutrients from organic and mineral waste products Development of fertilization practices to improve nutraceutical values in crops 6. Study and development of materials and methods for advanced foliar fertilization 8. Development of methods for improving soil health, postharvest practices and stress resistance 7. 9. Study and development of uptake enhancers of plant nutrient-use efficiency Develop advanced knowledge transfer and share tools for plant nutrition in developing countries **** About ICL ICL is a global manufacturer of products based on specialty minerals that fulfil humanity’s essential needs primarily in three markets: agriculture, food and engineered materials. The agricultural products that ICL produces help to feed the world’s growing population. The potash and phosphates that it mines and manufactures are used as ingredients in fertilizers and serve as an essential component in the pharmaceutical and food additives industries. The food additives that ICL produces enable people to have greater access to more varied and higher quality food. ICL’s water treatment products supply 2 clean water to millions of people, as well as to industry around the world. Other substances, based on bromine and phosphates help to create energy that is more efficient and environmentally friendly, prevent the spread of forest fires and allow the safe and widespread use of a variety of products and materials. ICL benefits from a broad presence throughout the world and proximity to large markets, including in emerging regions. ICL operates within a strategic framework of sustainability that includes a commitment to the environment, support of communities in which ICL’s manufacturing operations are located and where its employees live, and a commitment to all its employees, customers, suppliers and other stakeholders. ICL is a public company whose shares are traded on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). 45% of ICL’s Shares are held by Israel Corporation Ltd, 13.9% by PotashCorp and the remainder by the public. The company employs approximately 12,000 people worldwide, and its sales in 2013 totaled US$6.3 billion. For more information, visit the company's website at www.icl-group.com About Agricultural Research Organization (ARO): The Agricultural Research Organization (ARO) is part of the Israeli Ministry of Agriculture and Rural Development. The organization is responsible for most of the agricultural research conducted in Israel. This research aims to improve existing agricultural production systems and to introduce new products, processes and equipment, thereby ensuring the basis of Israel’s future agriculture. The ARO has an extensive research infrastructure that supports both basic and applied research, conducted by more than 200 Ph.D. scientists and 300 engineers and technicians. Numerous breeds, methods and technologies have been developed at ARO and successfully transferred to commercial markets in the form of private and public agritech companies. For more information, please visit www.agri.gov.il. Forward Looking Statement This announcement contains forward-looking assessments and judgments regarding macro-economic conditions and the Group’s markets, and there is no certainty as to whether, when and/or at what rate these projections will materialize. Management’s projections are likely to change in light of market fluctuations, especially in ICL’s manufacturing locations and target markets. In addition, ICL is likely to be affected by changes in the demand and price environment for its products as well as the cost of shipping and energy, whether caused by actions of governments, manufacturers or consumers. ICL can also be affected by changes in the capital markets, including fluctuations in currency exchange rates, credit availability, interest rates, etc. 3
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