Generates cash flow primarily from its equity-method investment in Bazan, whose operations sell refined petroleum products and petrochemical feedstocks and manufacture polyolefin polymers.
Geographic Exposure
Israel (Domestic)70%
International30%
Revenue Drivers
Oil refining and fuels sales
Refines crude and sells fuels, intermediates, and aromatics.
CORE89%
Polyolefin polymers and recycling
Produces PP/PE polymers and recycled plastic materials.
SIGNIFICANT11%
End Markets
Fuel wholesalers and distributors
Industrial petrochemical manufacturers
Plastics converters and packaging manufacturers
Industrial customers buying chemical feedstocks
Specializations
Mechanical recyclingMaritime tanker charteringPetroleum and petrochemical tradingRefining margin hedging (derivatives)Open Innovation programQuantum Hub pilot projects (POCs)+1 more
Activities
Holding and managing listed equity investment
Refining crude oil into fuels and intermediates (via investee)
Petrochemical and polymer production (via investee)
Trading and marketing of petroleum/petrochemical products (via investee)
Mechanical recycling of plastics (via investee)
Israel Petrochemical Enterprises Ltd. (PTCH) | ACE