Makhteshim Agan Group and EMG Natural Gas Supply Agreement

Date:01-04-2010


Makhteshim Agan group and East Mediterranean Gas (EMG) announced that a multi-year agreement under which EMG will supply natural gas for the groups manufacturing facilities in its plant in Beer Sheva and Ashdod. The supply of natural gas will replace the current use of fuel oil, diesel and liquid petroleum gas and will commence during the second half of 2010.

The groups transition to the consumption of energy from clean source is part of the groups long term policy to reducing consumption of natural resources and will allow significant reduction of emission to the air from production of electricity, including reduction of greenhouse gas emission and result in significant improvement to the environment.