Innovation @ ICL
Over the years, ICL has developed and marketed many innovative products and solutions, accumulating expertise in diverse technologies.
Going forward, ICL aims to continue expanding, balancing and strengthening its business by, among other things, growing its specialty businesses through R&D and Innovation, organic initiatives, joint ventures and acquisitions.
‘BIG’ - Business Innovation for Growth
ICL is harnessing the strengths, knowledge and expertise existing in its own organization to innovate. It is leveraging the internal ecosystem to create an internal accelerator. ICL has created the BIG platform where its 11,000 employees, from all regions and departments, can participate in the innovation process.
The BIG initiative puts in place the process, roles, and management's attention to accomplish all that. By creating a cross-functional view across ICL, we are creating cross-fertilization of ideas among our divisions and a portfolio management tool to execute on the most promising ideas and projects. ICL has embarked on this journey building on its strong foundation. Transformational innovation starts by stringing together ideas and projects to create growth for ICL.
The BIG Accelerator program is currently in full swing of its first year in ICL, and already hundreds of ideas have been raised in the BIG platform, and are currently examined and processed.
ICL is advancing innovation and looking at the SDGs as guiding principles. It is looking at the needs of its customers and innovating to answer their arising needs.
One focus area is advanced crop nutrition. This includes unique and biodegradable coating, nutrient sensing, growth enhancers, utilization of digital technologies and fixation. In other aspects of food security, ICL is focusing on meat alternative solutions. Another focus area is advanced materials, including energy storage and low energy consumption applications, construction, flame retardants, biocides, urban mining and circular economy – “from waste to product”.
ICL is also looking at innovation in its plants and operations. The company has multiple initiatives to excel and innovate its production process and move in the direction of Industry 4.0.
CEO Award for innovation
COVID-19- Innovative Solutions Challenge
The global health crisis has challenged the world on many levels. ICL has created a COVID-19 Innovative Solutions Challenge for its global employees. Employees were invited to contribute ideas on how to deal with the many challenges that arose from this global health crisis that addressed society, employees and ICL.
