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

When was Carmel Olefins founded?

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

What are Carmel Olefins' key products?

Carmel Olefins' key products include Ipethene, a low-density polyethylene used for various film and molding applications, and Capilene, a range of polypropylene products for items like garden furniture and transparent films.

What was the environmental concern raised against Carmel Olefins?

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

Who owns Carmel Olefins?

Carmel Olefins is a private company owned by Oil Refineries Ltd.