potashIsrael Chemicals, the $6.3B fertilizer and specialty chemicals producer based in Tel Aviv, is working with Sard Verbinnen & Co as it slates an IPO on the New York Stock Exchange.

The company, privatized by the Israeli government in 1992 and with North American offices in St. Louis, plans to sell 62M shares to raise more than $522M in the offering, according to its Sept. 12 filing. The Israeli government retains a stake in the company.

ICL, majority-owned by Israel Corp., has exclusive permits to extract potash and bromine from the Dead Sea. It also mines in the UK and Spain and has processing facilities in Israel, the Netherlands and China.

Sard Verbinnen London-based managing director Michael Henson and New York-based principal Delia Cannan are advising ICL.

Fleisher PR, the 25-year-old Tel Aviv firm of former Israeli Ministry of Commerce and Industry spokesman Amiran Fleisher, handles PR in Israel.

The company originally moved toward a public listing in July, but an Israeli government panel's recommendation for a new tax on mining companies delayed its plans, according to Haaretz.

Net income for 2013 was $$820.2M.