Yam Tethys and Israel Chemicals Ltd (ICL) committed in a deal worth $300 million in order to make production cost savings for ICL fertilizer and specialty chemicals business. Under the deal, Yam Tethys is to provide Israel Chemicals natural gas a total of 2 billion cubic meters until 2015.
The deal also includes cost saving through energy optimisation and value-add the natural gas by converting natural gas to reduce emissions.
The deal also includes cost saving through energy optimisation and value-add the natural gas by converting natural gas to reduce emissions.
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