掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


ICL Prepares to Close Dead Sea Magnesium Plant as Israel Plans Big Tax Levy

  • Friday, August 29, 2014
  • Source:ferro-alloys.com

  • Keywords:Mg,Magensium,ICL,Dead Sea Magnesium,Israel
[Fellow]ICL Prepares to Close Dead Sea Magnesium Plant as Israel Plans Big Tax Levy

Israel Chemicals Ltd (ICL) plans to halt magnesium production at its metallurgical arm Dead Sea Magnesium (DSM) by 1 January 2017, after an Israeli government committee recommended levying a tax of 42% on the production of natural resources in the country.

The Board of Directors has instructed management to make preparations for the closure of the Company's magnesium plant at the Dead Sea, commencing from January 1, 2017, unless the discussions with the State of Israel regarding the tax and royalties issues will support the continuation of the activities of the magnesium plant. Management has been instructed to support all existing and future customer orders and commitments in order to avoid any interruptions until the final closure of the plant. The main economic justification for continuation of the activities of the magnesium plant at the Dead Sea, stems from the plant's synergies with other facilities of the Company in Sodom, which provide it with, and receive from it, raw materials (the "Synergies"). The net value of the Synergies has declined due to the increase in the tax burden on production from natural resources in Israel that have already been implemented, and will further decline if the interim recommendations of the Sheshinski Committee are enacted into law. As a result of the abovementioned tax burden, the Company has halted all investments in the magnesium plant (other than investments required by law). In 2013, the Company's total sales of magnesium were approximately $115 million and the gross profit of the magnesium company in 2013 was approximately $1 million, the net book value of the assets of the magnesium company as of June 30, 2014 was approximately $35 million and the depreciation expenses in 2013 were approximately $ 6 million.

  • [Editor:Phillip.Feng]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 自贡市| 神木县| 余庆县| 南通市| 垫江县| 琼海市| 哈密市| 武川县| 锡林郭勒盟| 黎平县| 兴业县| 鱼台县| 兖州市| 安图县| 龙胜| 乌鲁木齐县| 建昌县| 武清区| 库尔勒市| 连云港市| 溧阳市| 科技| 子长县| 那坡县| 永和县| 凯里市| 灵璧县| 和平区| 贵港市| 玉环县| 红桥区| 余江县| 高碑店市| 额尔古纳市| 曲松县| 龙游县| 清涧县| 九台市| 滨州市| 体育| 射阳县|