Analysis
Key facts
Oil Refineries Ltd. engages in the production of oil fuels. It also provides power and heat services to industrial customers. The company operates through the following segments: Fuels, Polymers, Aromatics, Polymers - Ducor, and Other. The Fuels segment purchases and transforms crude oil and intermediate materials into end products. The Polymers segment engages in the production of polyethylene and polypropylene. The Aromatics segment engages in the production of aromatic materials, mainly benzene, paraxylene, orthoxylene, and toluene. The Polymers - Ducor segment through Ducor deals with the production of polypropylene from propylene. The Other segment includes: oils and waxes through Haifa Basic Oils; polymers in the Netherlands through Ducor and trade through the trading and shipping companies. Oil Refineries was founded in August 1959 and is headquartered in Haifa, Israel.
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