ITALMATCH CHEMICALS Group acquires the RecoPhos Project Technology from Israel Chemicals (ICL)

PRNewswire | January 16, 2020

Italmatch Chemicals, a leading global specialty chemical group focused on the production and marketing of performance additives for water & process treatment, oil & gas, industrial lubricants and plastics, announces that has acquired from Israel Chemicals (ICL) the RecoPhos Project Technology, including all licenses, IP, know-how and assets related to it. The aim is to further develop and complete a sustainable, highly efficient and economical viable process to recover phosphorus from all P containing waste streams (sewage sludge's ashes is one of them) to produce P4, to which the Recophos technology is expected to further add. Italmatch Chemicals's historical and current portfolio is strongly related to Phosphorus (P4) as strategic raw material. Italmatch Chemicals therefore decided to acquire the Recophos Project Technology, which was initiated by ICL and other partners.

Spotlight

50 steam crackers in operation in EU 28, homogenous geographic coverage > 300,000 direct employees; 1,2 million incl. multiplying effects contribution to overall European GDP: 155 bn € (= 155,000,000,000 €) energy intense: > 80% of production costs related to oil & gas as feedstock and energy.

Spotlight

50 steam crackers in operation in EU 28, homogenous geographic coverage > 300,000 direct employees; 1,2 million incl. multiplying effects contribution to overall European GDP: 155 bn € (= 155,000,000,000 €) energy intense: > 80% of production costs related to oil & gas as feedstock and energy.

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