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The SDGs serve as guiding principles in ICL’s quest for new products. This is especially true for SDG 2 – Zero Hunger. ICL has a part in ensuring global food security, from growing food with advanced fertilizers to producing alternative proteins and products that preserve food. Such solutions include bio-stimulants, soil health management, controlled release and other high performance fertilizers that are integrated with sophisticated irrigation technology and precision agriculture.
New products that ICL is offering include pHix-up which balances the pH in the gut of cows, contributing to their health, increasing milk production and higher quality of milk.
The Company’s systematic approach is not solely in the areas of food and fertilizers. ICL is seeking to support and develop products for new clean, environmentally friendly initiatives, such as the unique chemistry required for grid-scale renewable energy storage and various circular economy solutions
ICL’s products are also used by the food, pharma and personal care industries. For Example, ICL produces Magnesium Oxides, Hydroxides and Carbonates that are used in the production of pharmaceutical and nutraceutical formulations in the form of tablets, powders and liquid suspensions. They are also used in the production of magnesium salts such as citrate, stearate, amino-acid chelates and lactate for pharma and nutra purposes. In addition, recently developed a new product line for the personal care industry. Its CareMagⓇ product line is used in deodorants, skin and baby care products. It is a natural, non-toxic and hypoallergenic raw material based on magnesium from Dead Sea salt.
Significant effort is also being made to improve every aspect of the life cycle of ICL products, from environmental planning during the product development phase through efficient logistics and training and support of business partners and end users. These include local distributors, farmers, suppliers and others that may have a significant impact on the environmental impact and performance of ICL products. ICL is in the process of calculating its carbon footprint for its products and already done so for more than a 100 of its products. It is also evaluating the opportunities on reducing these footprints.
ICL developed SAFR®, a systematic framework to allow clients to assess various flame retardants using a scientific-based approach to select the appropriate product.
Read MoreOn top of new applications and products, ICL is also focused on operational innovation to reduce the Company’s impact by promoting energy, material and carbon efficiency, pollution control, risk reduction and supply chain impact.
The Company is implementing industry 4.0, using AI, drones and other new technologies to improve its operational performance. Dedicated teams are responsible to increase energy efficiency, circular economy and decrease water consumption. The Company has significantly reduced its air emissions and carbon footprint over the last few years. It is also developing new products, such as BromoQuel™ which helps to reduce potential hazards and environmental impact when working with Bromine (one of ICL’s main resource materials).
ICL is continuously looking for partnerships and innovation that will take the Company even further on its journey for a more sustainable future. that are being explored by leveraging global partnerships.