Ashdod Oil Refinery manufactures petroleum products and electricity, both for its own use and to sell to customers. This division manages the supply chain, importing crude oil and feed materials, exporting products and more. The division also provides procurement service for the Group.
Israel has two refineries, in Haifa and Ashdod. In 2006, Paz acquired the Ashdod refinery, which had been in operation since 1973.
The purchase of the Ashdod refinery was a strategic move that made Paz the only energy group in Israel that owned a refinery. The Group's organizational structure enables Paz to operate vertically in the energy market, importing the oil, refining it in Ashdod, and marketing the resulting petroleum products to the domestic and foreign markets. The synergy between the Ashdod refinery and the Group's various other divisions constitutes a significant advantage that gives added value to the company.
As of now, the Ashdod refinery has a refining capacity of 4.5 million tons of crude oil a year and it operates under the most stringent quality and safety standards, to protect the environment and ensure the employees' safety. The Ashdod refinery is meticulous about the high quality of its products, and invests hundreds of millions of dollars in improving its refining capacity and product mix.
The refinery’s facilities are now undergoing an upgrade that by 2013 will increase refinery throughput to more than 5 million tons per year. These improvements will also: (1) Improve the refinery’s product mix (2) Reduce dependency on external sources and imported materials, and (3) Increase electricity production to more than 100 MW.
Company Details
- Employees
- 82
- Founded
- -
- Address
- Haneft St., Ashdod,israel
- Industry
- Oil And Gas
- NAICS
-
Oil and Gas Extraction
- Website
- http://www.arf.co.il
- Keywords
- for the Group..
- HQ
- Ashdod
Ashdod Refinery Ltd. Questions
Ashdod Refinery Ltd.'s website is http://www.arf.co.il
Ashdod Refinery Ltd.'s LinkedIn profile is https://il.linkedin.com/company/paz-ashdod-refinery-ltd-
Ashdod Refinery Ltd. has
82 employees.
View email and phone details for 82
employees at Ashdod Refinery Ltd..
Ashdod Refinery Ltd.'s industry is
Oil and Gas
Ashdod Refinery Ltd.'s top competitors are
Newmed Energy,
Tnuva,
Ashdod Port Company,
Dor Alon,
Sonol - סונול,
Delek Group,
Paz - Yellow,
Delek,
Bazan Group Oil Refineries Ltd,
Carmel Olefins.
Ashdod Refinery Ltd.'s categories are Oil and Gas
Ashdod Refinery Ltd.'s founding year is 1974
