BAZAN Group Oil Refineries Ltd

BAZAN Group Oil Refineries Ltd is the largest refinery and petrochemicals company in Israel, with its flagship facility, Haifa Refinery, comprising three plants, including Carmel Olefins Ltd. and Gadiv Petrochemical Industries Ltd. Operating at a maximum capacity of 26,600 tons of oil per day (197,000 barrels), the company distributes over 70% of its products domestically, exporting the remainder primarily to Mediterranean countries. Beyond petroleum distillation products, Bazan Group also manufactures downstream items, such as polymers, aromatics, oils, and waxes.

The group significantly impacts employment, employing 1,400 permanent staff in Israel and hiring over 1,000 contract workers annually. A BDO study identified Bazan as contributing directly and indirectly to the employment of around 14,400 workers in the country in 2018, spanning 2,200 dunams in the Haifa Bay area. Established in 1938, Bazan Group continues to play a substantial role in Israel's petrochemical industry, displaying potential for continued growth and development.