Oil Refineries Ltd. (ORL.TA)

108.00 -2.00 (-1.82%) At close: 05:24PM IDT

Oil Refineries Ltd.

POB 4
Haifa 3100001
Israel
972 4 878 8111
https://www.bazan.co.il

Sector(s): Energy
Industry: Oil & Gas Refining & Marketing
Full Time Employees: 1,489

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Shlomo Basson	Deputy CEO & VP of Safety, Security, Quality Procurement Environment and Contracts	2.61M	N/A	1964
Mr. Asaf Almgor	Chief Executive Officer	N/A	N/A	1965
Mr. Guy Liberman	Vice President of Finance & Economics	N/A	N/A	1982
Shai Avramovitch	Head of Accounting Division	N/A	N/A	1982
Jonathan Gershon	VP & Chief Legal Counsel	N/A	N/A	1980
Mr. Mark Hannah	Vice President of Marketing & Sales	N/A	N/A	1976
Mr. Samuel Holzkan	Vice President of Human Resources	N/A	N/A	1969
Mr. Eliahu Mordoch	Corporate Secretary	N/A	N/A	1969

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ILA.

Description

Oil Refineries Ltd., together with its subsidiaries, primarily engages in the production and sale of fuel products, intermediate materials, and aromatic products in Israel and internationally. The company operates through two segments: Refining and Polymers. The Refining segment distills and separates crude oil and intermediate materials into end products and feedstock, including light gases, liquefied petroleum gas, naphtha, gasoline, kerosene, diesel fuel, fuel oil, waxy substances, bitumen, aromatic materials, benzene, toluene, xylene, paraxylene, orthoxylene, phthalic anhydrides, and solvents, as well as manufactures hydrogen from natural gas. The segment offers its products to fuel and gas marketing companies; and manufacturers in the textile, paint, chemicals, and plastics industries. The Polymers segment engages in the manufacture and marketing of polymers comprising polypropylene and low-density polyethylene, which are the principal feedstock in the plastics industry; ethylene and propylene used as feedstock in the production of polymers; and manufacture of recycled plastic. It is also involved in the lease and management of tankers for marine transportation of fuel products; and trading and shipping activities. The company was formerly known as Haifa Refineries Ltd. and changed its name to Oil Refineries Ltd. in June 1972. Oil Refineries Ltd. was incorporated in 1959 and is headquartered in Haifa, Israel.

Corporate Governance

Oil Refineries Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.