<SEC-DOCUMENT>0000950103-16-017288.txt : 20161026
<SEC-HEADER>0000950103-16-017288.hdr.sgml : 20161026
<ACCEPTANCE-DATETIME>20161026062556
ACCESSION NUMBER:		0000950103-16-017288
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20161026
FILED AS OF DATE:		20161026
DATE AS OF CHANGE:		20161026

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ISRAEL CHEMICALS LTD
		CENTRAL INDEX KEY:			0000941221
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE CHEMICALS [2870]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13742
		FILM NUMBER:		161951466

	BUSINESS ADDRESS:	
		STREET 1:		MILLENNIUM TOWER
		STREET 2:		23 ARANHA STREET, P.O. BOX 20245
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			61202
		BUSINESS PHONE:		(972-3) 684-4400

	MAIL ADDRESS:	
		STREET 1:		MILLENNIUM TOWER
		STREET 2:		23 ARANHA STREET, P.O. BOX 20245
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			61202
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp69702_6k.htm
<DESCRIPTION>FORM 6-K
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            <p style="margin:0pt"><a name="_DMBM_18556"></a><a name="_CSF_TOC_1"></a><a name="EDGAR_PAGE_START1"></a><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">UNITED STATES</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">SECURITIES AND EXCHANGE COMMISSION</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Washington, D.C. 20549</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:18pt; font-weight:bold">FORM 6-K</font></p>
            <p style="margin:0pt; text-indent:-6.85pt; text-align:center; padding-left:6.85pt"><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:-6.85pt; text-align:center; padding-left:6.85pt"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</font></p>
            <p style="margin:0pt; text-indent:-6.85pt; text-align:center; padding-left:6.85pt"><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">For the month of </font><font style="font-family:'Times New Roman'; font-size:10pt">October</font><font style="font-family:'Times New Roman'; font-size:10pt">, 2016</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">Commission File </font><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">Number: 001-13742</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:22pt; font-weight:bold">ISRAEL CHEMICALS LTD.</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">(Exact name of registrant as specified in its charter)</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">Israel Chemicals Ltd.</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">Millennium Tower</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">23 </font><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">Aranha</font><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold"> Street</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">P.O. Box 20245</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">Tel Aviv, 61202 Israel</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">(972-3) 684-4400</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">(Address of principal executive office)</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form</font><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt">20-F or Form 40-F:</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by </font><font style="font-family:'Times New Roman'; font-size:10pt">Regulation</font><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt">S-T</font><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt">Rule</font><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt">101(b)(1):</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation</font><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt">S-T</font><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt">Rule</font><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt">101(b)(7):</font></p>
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            <p style="margin:0pt; text-align:center"><a name="_DMBM_18557"></a><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">ISRAEL CHEMICALS LTD.</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">INCORPORATION BY REFERENCE</font></p>
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            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">This report on Form 6-K shall be deemed to be incorporated by reference into the registration statement on Form S-8 (Registration Number: 333-205518) of Israel Chemicals Ltd. and to be a part thereof from the date on which this report is filed, to the exte</font><font style="font-family:'Times New Roman'; font-size:10pt">nt not superseded by documents or reports subsequently filed or furnished.</font></p>
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            <p style="margin:0pt; text-align:center"><a name="_DMBM_18555"></a><a name="EDGAR_PAGE_START3"></a><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">ISRAEL CHEMICALS LTD.</font></p>
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                        <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:11pt">1.</font></p>
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                        <p style="margin:5pt 0pt; line-height:110%; font-size:11pt; background-color:#ffffff"><font style="font-family:'Times New Roman'; font-size:11pt">Final arbitrator&#8217;s award ending dispute with Haifa Chemicals</font></p>
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            <p style="margin:0pt; page-break-before:always" dir="rtl"><a name="EDGAR_PAGE_START4"></a><font style="font-family:'Times New Roman'; font-size:11pt" dir="ltr">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold" dir="ltr">Item 1</font></p>
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            <p style="margin:0pt; text-align:center; background-color:#ffffff"><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold; text-decoration:underline">Final arbitrator&#8217;s Award ending dispute with Haifa Chemicals</font></p>
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            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:11pt">Further to Note 23 of the Company&#8217;s financial statements for 2015 and </font><font style="font-family:'Times New Roman'; font-size:11pt">to Note 8 of the Company&#39;s financial statements for the second quarter of 2016, regarding </font><font style="font-family:'Times New Roman'; font-size:11pt">the dispute between the subsidiary Dead Sea Works Ltd. (&#8220;</font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">DSW</font><font style="font-family:'Times New Roman'; font-size:11pt">&#8221;) and Haifa Chemicals Ltd. (&quot;</font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">Haifa </font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">Chemicals</font><font style="font-family:'Times New Roman'; font-size:11pt">&quot;), the Company hereby reports that the final award ending the arbitration was rendered yesterday with the consent of both parties (the</font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:11pt">&#8220;</font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">Arbitration</font><font style="font-family:'Times New Roman'; font-size:11pt"> </font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">Award</font><font style="font-family:'Times New Roman'; font-size:11pt">&#8221;).</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:11pt">All past disputes and legal claims currently pending between the parties relating to the </font><font style="font-family:'Times New Roman'; font-size:11pt">Principal Arbitration Award rendered in 2014 and referring to potash sales for the years 2009 to 2016, inclusive, will be dismissed in a manner not impacting DSW by way of further payments or receivables. The execution of the Arbitration Award will be deem</font><font style="font-family:'Times New Roman'; font-size:11pt">ed as the full and complete execution of all the obligations stipulated by the 2014 Principal Arbitration Award.</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:11pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 5pt; text-align:justify; background-color:#ffffff"><font style="font-family:'Times New Roman'; font-size:11pt">The main principles of the Arbitration Award are as follows:</font></p>
            <ol type="1" style="margin:0pt; padding-left:0pt">
                <li style="margin:0pt 0pt 0pt 13.25pt; text-indent:0pt; text-align:justify; padding-left:4.75pt; font-family:'Times New Roman'; font-size:11pt"><font style="font-family:'Times New Roman'; font-size:11pt">The Arbitration Award will be effective for thirteen years, commencing on January</font><font style="font-family:'Times New Roman'; font-size:11pt"> 1, 2017, and lapsing on December 31, 2029 (the &#8220;</font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">Arbitration Award Period</font><font style="font-family:'Times New Roman'; font-size:11pt">&#8221;). </font></li>
                <li style="margin:0pt 0pt 0pt 13.25pt; text-indent:0pt; text-align:justify; padding-left:4.75pt; font-family:'Times New Roman'; font-size:11pt"><font style="font-family:'Times New Roman'; font-size:11pt">During the Arbitration Award Period, DSW will be obligated to sell an annual amount of 330,000 tonnes of potash to Haifa Chemicals (the &#8220;</font><font style="font-family:'Times New Roman'; font-size:11pt; font-weight:bold">Committed Quantities</font><font style="font-family:'Times New Roman'; font-size:11pt">&#8221;). </font><font style="font-family:'Times New Roman'; font-size:11pt">Haifa Chemicals w</font><font style="font-family:'Times New Roman'; font-size:11pt">ill bear no obligation to purchase the complete Committed Quantities nor shall Haifa Chemicals be restricted from purchasing additional quantities of potash from DSW, however the binding prices, as set forth in section 3 below, shall not apply to the addit</font><font style="font-family:'Times New Roman'; font-size:11pt">ional quantities.</font></li>
                <li style="margin:0pt 0pt 0pt 13.25pt; text-indent:0pt; text-align:justify; padding-left:4.75pt; font-family:'Times New Roman'; font-size:11pt"><font style="font-family:'Times New Roman'; font-size:11pt">The selling prices of potash in relation to the Committed Quantities will apply as determined by the arbitrator, while distinguishing between the price per the base quantity of approximately 270,000 tonnes of potash and t</font><font style="font-family:'Times New Roman'; font-size:11pt">he price for a quantity of approximately 60,000 tonnes of potash. In addition, it was determined that commencing in January 2022, DSW will be entitled to request an adjustment to the formula of the selling price as stipulated per the base quantity.&#160; </font></li>
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            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:11pt">Base</font><font style="font-family:'Times New Roman'; font-size:11pt">d on the above mentioned, the impact on the Company&#39;s financial statements is not expected to be material.</font></p>
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            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:11pt">Name of the authorized signatory on the report and name of authorized electronic reporter: Lisa Haimovitz</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:11pt">Position: SVP, Global General Counsel an</font><font style="font-family:'Times New Roman'; font-size:11pt">d Company Secretary</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:11pt">Signature Date: October 26, 2016</font><font style="font-family:'Times New Roman'; font-size:11pt" dir="rtl"> </font></p>
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            <p style="margin:0pt 108pt 0pt 0pt"><font style="font-family:'Times New Roman'; font-size:10pt">INVESTOR RELATIONS CONTACT</font><font style="font-family:'Times New Roman'; font-size:10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family:'Times New Roman'; font-size:10pt">PRESS CONTACT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><br /><font style="font-family:'Times New Roman'; font-size:10pt">Limor Gruber</font><font style="font-family:'Times New Roman'; font-size:10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family:'Times New Roman'; font-size:10pt">Gadi</font><font style="font-family:'Times New Roman'; font-size:10pt"> Ohana&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><br /><font style="font-family:'Times New Roman'; font-size:10pt">He</font><font style="font-family:'Times New Roman'; font-size:10pt">ad of Investor Relations, ICL</font><font style="font-family:'Times New Roman'; font-size:10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family:'Times New Roman'; font-size:10pt">Debby Communications&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><br /><font style="font-family:'Times New Roman'; font-size:10pt">+972-3-684-4471</font><font style="font-family:'Times New Roman'; font-size:10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family:'Times New Roman'; font-size:10pt"> +972-3-5683000&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><br /><font style="font-family:'Times New Roman'; font-size:10pt; text-decoration:underline; color:#0563c1">L</font><font style="font-family:'Times New Roman'; font-size:10pt; text-decoration:underline; color:#0563c1">imor.Gruber@icl-group.com</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family:'Times New Roman'; font-size:10pt; text-decoration:underline; color:#0563c1">gadi@debby.co.il</font><font style="font-family:'Times New Roman'; font-size:10pt" dir="rtl"> </font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:10pt; font-weight:bold">SIGNATURE</font></p>
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            <p style="margin:0pt; text-indent:18pt"><font style="font-family:'Times New Roman'; font-size:10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to </font><font style="font-family:'Times New Roman'; font-size:10pt">be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
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                        <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">/s/ Kobi Altman</font></p>
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                        <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:10pt">/s/ Lisa </font><font style="font-family:'Times New Roman'; font-size:10pt">Haimovitz</font></p>
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            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:10pt">Date: </font><font style="font-family:'Times New Roman'; font-size:10pt">October 26</font><font style="font-family:'Times New Roman'; font-size:10pt">, 2016</font></p>
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