Chemicals & plastics

Yesterday, Deutsche Bank reiterated its "Buy" recommendation for Makhteshim.

ICL Performance Products will pay €60 million for Henkel KGaA's Industrial Water Treatment business unit.

The stock fell sharply after the company said it would report a net profit of $14-20 million, well below the analysts' consensus.

The company estiamtes $2.07-2.09 billion revenue for the year.

"An attractive play on fertilizer scarcity."

Phosphate Chemicals Export Association: Strong international market fundamentals.

"Israel Chemicals has tremendous leverage to the attractive potash and phosphate markets."

The Israeli firm can jump in Australia if it now buys Nufarm.

The firm will become a holding company with four subsidiaries.

JP Morgan reports a jump in prices per ton in South East Asia.

Petrochemical Enterprises will buy out Glencore in Petroleum Capital Holdings.

The investment bank predicts a 22% upside to its 2008-09 EBITDA forecast for the company.

The company acquired 63% of the company for NIS 348 million.

The company has bought half of a Chinese chemicals company for $33.5 million.

Rising potash and phosphate fertilizer prices lead to a jump in sales.

The company attributed the loss to reduced production capacity and a marked rise in financing costs.