Chemicals & plastics

The company posted a net loss of $38.5 million in the fourth quarter.

Capital Research and Management Company owns 5.18% of the company, worth $400 million.

For the past six months, Teva Tech’s employees have negotiating with the plant’s management for a new labor contract.

The deal was made at a price of NIS 4.97 per share for Kafrit, giving a company value of NIS 75 million.

UBS predicts better times in 2007 for the agrochemicals industry.

The company is making the write-off as a result of the profit warning released by Makhteshim Agan.

The company will allocate 12.9 million options worth an aggregate NIS 83 million.

The exposure rate for “Globes” is stable: 3.3% in 2005 and 3.2% in 2006.

BotanoCap has developed proprietary technology for preparing microcapsules of essential oils and their application in products.

Modgal increased its stake by 5% to 62% at an investment of NIS 62 million.

Tire manufacturers and importers will now be required to collect used tires and hand them in for recycling.

"Globes" reveals facts and figures on Oil Refineries Haifa.

The company published a severe profit warning for the fourth quarter and fell on brisk volume on the TASE.

Citigroup, Deutsche Bank, Merrill Lynch and UBS: Net income excluding the company’s one-time expenses is within expectations, and the future is rosy.

The company says it will post a loss of $35-40 million for the fourth quarter.

The bank raised its recommendation to “Market perform” and raised its target price to NIS 26.