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As part of its innovation efforts, ICL has focus on External innovative early-stage technologies, novel materials, and cost-effective production processes, suitable for its businesses. The areas of focus include next-generation fertilizers, food additives, advanced additives, flame retardants, biocides, energy storage solutions and specialty chemicals.
10 Ongoing Projects with Startups
87 Academic/Startups Projects Under Evaluation
ICL’s open innovation projects are at various stages in their development; some projects have just launched into the ideation phase, and others have been completed successfully and have become viable products in various business units of ICL. An example of such a project is the development of a unique signaling molecule that improves efficacy against biofilm formation.
Crop Nutrition
We currently have about 20 ongoing projects in our external innovation program that focus on sustainability issues for crop nutrition. We are highlighting a selected few :
Specialty Chemicals
Renewable Energy
ICL is collaborating with the Solar Energy Department of Ben Gurion University on two topics:
Food
In October 2021, OCP Group and ICL Group signed a memorandum of understanding to offer scholarships to promote research and academic excellence through the funding of sustainability programs at Mohammed VI Polytechnic University (UM6P) and Ben-Gurion University of the Negev (BGU). The funding will enable both universities to formalize scientific collaboration through the promotion of exchange opportunities for academic and professional staff and students. This partnership will enable scientific and technical experts from the two institutions to consult and collaborate on Sustainability initiatives, and to construct together an agenda of joint lectures, seminars, workshops and symposia.
There are numerous fields of cooperation that impact the future of the world and its inhabitants: Food Security, Ecological Restoration, Climate Smart Agriculture, Water, Climate Change, Remote Sensing, Renewable Energies, Entrepreneurship, Venture Capital and Hospitality sector.
Read MoreICL has several ongoing projects to address the challenge of nutrient efficiency due to the fact that much of the nutrients and micronutrients applied by synthetic fertilizers never make it to the plant, resulting in much waste–both economic and environmental.
ICL is addressing one of the biggest inefficiencies that agricultural faces: the application of fertilizers versus their uptake by plants.
ICL has created a partnership with MIGAL to recover phosphorus from cowshed and/or municipal sludge, to convert it into fertilizer.
ICL and PlantArcBio (PAB) began collaborating in 2018 to use the exogenous application of dsRNA for yield enhancement. This methodology uses the natural biological mechanism that is generally called RNAi (RNA interference), that results in mRNA degradation or inhibition, or a gene’s loss of function. PAB and ICL have submitted a joint patent application that covers genes that increase the yields of canola, soybean, and rice.
ICL synergize novelty with technological innovation
ICL is constantly developing impactful solutions to improve the quality of life for millions worldwide through its RD&I infrastructure. A key milestone in its business transformation is centered around the idea of technology innovation that can favorably impact industries in which ICL is involved. To this end, ICL has created the ICL Planet Startup Hub corporate accelerator.
ICL Planet Startup Hub aims to have a positive environmental impact through impactful partnering with entrepreneurs and startups. It represents ICL’s commitment, as partners and investors, to measure and report the environmental performance and progress of ICL’s underlying investments and portfolio companies.
Through ICL Planet Startup Hub, startups can obtain access to ICL’s resources e.g:
In July 2021, ICL Planet Startup Hub made its first investment in Protera, an AI-driven start-up that designs and develops new proteins to enable a wide range of plant-based and sustainable solutions.
Protera is addressing critical unmet needs and foodtech opportunities, which are complementary and synergistic with ICL’s food specialties growth strategy. Their dedication to providing natural protein solutions and to finding sustainable and healthy food alternatives, makes Protera an excellent fit for ICL.
As part of ICL Planet’s value proposition to Protera, ICL Planet is working closely with Protera’s team to consult, provide feedback, guide and actively help pursue impact related business growth.
ICL Planet will equip Protera with: