JERUSALEM, Aug 6 (Reuters) - Israeli potash and
specialty chemicals producer ICL Group on Wednesday
reported a dip in second-quarter profit, weighed down partly by
Israel's war with Iran in June.
ICL said it earned an adjusted 9 cents per diluted share in
the second quarter, versus 10 cents a year earlier. Sales grew
to $1.83 billion from $1.75 billion.
Potash sales dipped to $383 million from $422 million in the
April to June period, with ICL citing lower production at its
Dead Sea facility "due to operational challenges primarily
related to ongoing (Gaza) war-related issues, the annual
maintenance shutdown, and a brief period of regional unrest in
June."
Still, ICL reached new potash supply deals with key
customers China and India during June.
Sales of industrial products such as flame retardants,
bromine and specialty minerals edged higher in the quarter,
while phosphate sales grew to $637 million from $572 million.