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JERUSALEM, April 20 (Reuters) - The head of Israel's national labour court in Jerusalem on Monday ruled that Israel Chemicals (ICL) would not be allowed to lay off employees at its southern plants as planned, sending the matter to a regional labour court. ICL, which has exclusive rights to mine minerals from the Dead Sea, seeks to implement an efficiency plan that includes cutting 140 of 900 jobs at its bromine unit and 140 of 1,250 at its primary potash-producing Dead Sea Works. As a result of the national labour court's decision, discussions on the job cuts that are opposed by ICL's labour unions will continue at a court in the southern city of Beersheba next week. In the meantime, a strike at two of ICL's plants that started two months ago will continue. The bromine unit has been closed since workers left their posts in February. Employees at the potash plant later joined the strike. ICL, the world's sixth-biggest potash producer and a maker of speciality chemicals, is controlled by conglomerate Israel Corp. Although ICL is a private company, layoffs are more complicated since the Israeli government owns a "golden share". Potash Corp of Saskatchewan holds a 13.85 percent stake in ICL. (Reporting by Steven Scheer; editing by Susan Thomas)
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Potash Corporation of Saskatchewan Inc.
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CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
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Potash Corp. est une société de production minière basée au Canada. Potash Corp. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 21,7 milliards CA$ (17,2 milliards US$, 14,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 24 mars 1995 à 10,00 CA$, et son plus haut niveau récent le 21 septembre 2007 à 99,07 CA$. Potash Corp. possède 840 009 984 actions en circulation. |