BAZAN Group
BAZAN Group, (ORL or BAZAN, Hebrew: בז"ן – בתי זיקוק לנפט בע"מ), formerly Oil Refineries Ltd., is an oil refining and petrochemicals company located in Haifa Bay, Israel. It operates the largest oil refinery in the country. ORL has a total oil refining capacity of approximately 9.8 million tons of crude oil per year with a Nelson complexity index of 9. ORL provides a variety of products used in industrial operations, agriculture and transportation. ORL is Israel's largest integrated refining and petrochemical facility. The company also provides storage and transportation services for oil fuel products, as well as electricity and steam to industrial customers in the region.
| Company type | Public |
|---|---|
Traded as | TASE: ORL |
| Industry | Petrochemical industry |
| Founded | 1958 |
| Headquarters | , Israel |
Area served | Middle East |
Key people | Moshe Kaplinsky (Chairman) Malachi Alper (CEO) |
| Products | Petroleum products Petrochemicals, Oil refining |
| Revenue | US$13.520 billion (2015) |
| US$562.52 million (2015) | |
Net income | US$272.49 million (2015) |
| Total assets | US$4.470 billion (2015) |
| Owners | Israel Corp. (33%) Israel Petrochemical Enterprises ltd (15.5%) |
Number of employees | 1,800 (2015) |
| Subsidiaries | Carmel Olefins Ltd. Gadiv Petrochemical Industries Ltd. |
| Website | www |
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.