Israel Petrochemical Enterprises

Israel Petrochemical Enterprises Ltd. operates in the global energy and petrochemical industry, focusing on refining crude oil and producing a wide range of petroleum products. These include gas, liquefied petroleum gases, naphtha, gasoline, kerosene, various diesel fuels, fuel oils, and bitumen, which cater to sectors such as transportation, agriculture, and infrastructure. The company also manufactures raw materials for the plastics industry, specifically polypropylene and polyethylene, along with aromatic substances like benzene, paraxylene, orthoxylene, and toluene, which serve as essential components in the production of textiles, pharmaceuticals, packaging, and automotive parts. Additionally, Israel Petrochemical Enterprises produces basic and lubricating oils, paraffin wax, and leases tankers for the transportation of its products. The company’s clientele includes fuel and gas marketing firms, industrial sectors, gas stations, and plastics manufacturers. Founded in 1961 and headquartered in Tel Aviv, Israel, Israel Petrochemical Enterprises Ltd. is a subsidiary of Alverstone Ltd.