Israel Chemicals Ltd. has dropped out of the Israeli government tender for the privatizing of the southern port of Eilat. The company was the sole bidder in the tender. However, the government decided to extend the tender until Aug. 5 in hopes that other interested parties would reconsider. The ICL bid came under strong public criticism over the dominant position of the Israel Corp. (which owns the majority stake in Israel Chemicals) in the local economy.
Transparency Across the Fertilizer Value-Chain