Carmel Olefins

Company Overview

Snapshot

Founded in January 1991, Carmel Olefins operates with 51–200 employees. The company is a private entity owned by Oil Refineries Ltd. In February 2016, the Environment Ministry issued a warning to Carmel Olefins regarding pollution concerns.

Business overview

Carmel Olefins manufactures petrochemical products that serve as raw materials for the plastics industry. Its core products include standard and special grades of polypropylene (PP) and a range of low-density polyethylene, such as Ipethene, used for film or pipe extrusion, blow molding, injection molding, and compounding in agriculture and packaging. Another key product, Capilene, comprises PP homopolymers and impact and random copolymers for applications like garden furniture, cabinets, and transparent films. The company exports globally, operating within the Industrial Technologies sector, specifically focusing on Material Innovations & Applications, and serves industrial manufacturing, process industries, chemicals & petrochemicals, and agriculture & food markets.

Strategic signal

In October 2016, Haifa Bay experienced significant pollution from smoke and fire, an event that included. This incident highlights the ongoing environmental challenges faced by industrial operations in the region and signals the potential for increased regulatory scrutiny and operational risks related to environmental compliance for companies in the petrochemical sector.

Company Intelligence Q&A

What are Carmel Olefins' primary product offerings?

Carmel Olefins manufactures petrochemical products including standard and special grades of polypropylene (PP) and a broad range of low-density polyethylene. Key products are Ipethene, used for various plastic applications, and Capilene, which includes PP homopolymers and copolymers for items like garden furniture and transparent films.

When was Carmel Olefins founded?

Carmel Olefins was founded in January 1991 through a merger of existing businesses.

What was the environmental concern raised in February 2016?

In February 2016, the Environment Ministry issued a warning to Carmel Olefins regarding pollution.

What was the nature of the incident in Haifa Bay in October 2016?

In October 2016, Haifa Bay was highly polluted by smoke and fire, an event reported by ynetnews.com.

Which markets does Carmel Olefins serve?

Carmel Olefins exports to countries worldwide, with geomarkets including Europe, Egypt, China, and Israel.