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U.S. Firm to Build $2, 000, 000 Plant Using Process Developed in Israel

The Kaiser Aluminum Company of the United States and Israeli Mining Industries of Tel Aviv, signed an agreement today under which the American firm will build a $2, 000, 000 phosphoric acid plant in Louisiana using a process developed by the Tel Aviv company.

The agreement provides a license to Kaiser for use of the process which is said to yield a higher quality acid than has previously been possible. The American firm also participated in a survey project in Israel on the acid which is used in fertilizers and in a variety of other industrial and chemical processing applications.