Mergers & Acquisition : Oil
Carmel Olefins buys 49% of Dutch co
Carmel Olefins Ltd. has acquired 49% of Dutch plastics maker Domo Polypropylene BV. The company did not disclose the size of the deal. This is Carmel Olefin's first acquisition of a foreign manufacturing plant under its strategy to expand internationally, and is part of Oil Refineries' policy to expand its businesses, including in petrochemicals.
Jan 24, 2008, 12:50

Mergers & Acquisition : Oil
Alon USA buying two U.S. refinery operators for $460 million
Alon USA Energy is buying the operations of two oil refinery operators in the U.S. for $460 million. The transaction will double the refining capacity of Alon USA, which is owned by Dudi Wiessman, Shraga Biran and Africa Israel. The transaction will also expand the Israeli-American company's asphalt production.
May 1, 2006, 10:09

Mergers & Acquisition : Oil
Finance Ministry pushes through Oil Refineries sale
TheMarker - Just before Binyamin Ben-Eliezer moves into his new post as Israel National Infrastructures minister, the interministerial privatization committee agreed on the terms of splitting up and selling Oil Refineries. Industry sources described yesterday's vote by the committee, which Finance Minister Benjamin Netanyahu chairs, as a last-second coup before Ben-Eliezer takes charge and changes everything.
Dec 27, 2004, 10:34