Oil Refineries Ltd

Detailed Description

Oil Refineries Ltd., together with its subsidiaries, produces and sells crude oil products in Israel and internationally. It operates through Refining and Polymers segments. The company offers gasoline, naphtha, diesel fuel, kerosene, fuel oil, liquefied petroleum gas, and bitumen. It also offers polymers comprising polypropylene and polyethylene, which are used as raw materials in the plastics industry; and aromatic materials, such as benzene, paraxylene, orthoxylene, and toluene that are used as raw materials in the chemical and petrochemical industries. In addition, the company provides water treatment and steam to industries in Haifa refinery; and infrastructure services, including the storage, pumping, and distribution of fuel products. Further, it is involved in trading and shipping. The company was formerly known as Haifa Refineries Ltd. and changed its name to Oil Refineries Ltd. in June 1972. Oil Refineries Ltd. was incorporated in 1959 and is based in Haifa, Israel.