ICL Signs Agreement for New Special Dredger

Image source: Dead Sea Works

ICL, a Tel Aviv based manufacturer of products based on unique minerals, by its subsidiary Dead Sea Works (DSW), has signed an agreement for the first stage of the salt harvesting project at Pond 5, to preserve the pond’s water level.

The agreement was signed with Holland Shallow Seas Dredging Limited who was selected to lead the project.

Under the contract arrangement, the selected company will start building a special dredger dedicated to the harvesting project, in the amount of $280 million.

The dredger is expected to be 120 x 24 meters and will be operated continuously by tens of employees who will be recruited by the contracting company, ICL said in its release.

The dredger will remove approximately 5.5 million cubic meters of salt per year from the southern basin of the Dead Sea.

The salt harvesting project is considered one of the most complex and expensive infrastructure projects in Israel and will cost approximately $2 billion. According to the agreement signed with the State of Israel, ICL will finance 80% of the cost of the project.

Image source: Dead Sea Works

Share this article

Follow Dredging Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Global Dredging Forum

2 day conference on the commercial activities of ports. How to meet the global demands of new vessels in an increasingly competitive market.

read more >

10th Dredging & Land Reclamation Summit 2019

The 10th Dredging & Land Reclamation World between 15-18 July 2019 in London is aimed at resolving…

read more >

10TH Annual Conference Dredging in India

The conference will focus on strategies and solutions to meet the future dredging requirements…

read more >

Australasian Coasts and Ports 2019

Conference Theme “Future directions from 40°S and beyond” reflects the increasing awareness about the need to find suitable…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply