Oil Refineries Considers Acquisition And Merger with Carmel Olefins

摘要

Haifa-Oil Refineries Ltd. and Israel Petrochemicals Enterprises Ltd., each holding a 50% interest in Carmel Olefins Ltd., are considering the possibility of a merger between Carmel Olefins and Oil Refineries, following which Carmel Olefins would be owned 100% by Oil Refineries.