Last updated 2026-07-23
- Raised $526k grant, Jan 2017
- Raised grant, Sep 2010
Total raised
$900K
Stage
Mature
Founded
1988
Headcount
118
HQ
Haifa, Israel
Sector
Agriculture & Food Technologies
About
Carmel Olefins Ltd. is Israel's sole manufacturer of petrochemical products, producing standard and special grades of Polypropylene (PP) and a broad range of Low Density Polyethylene (LDPE) grades. The company's production and management center is in the Haifa Bay industrial zone, adjacent to the Oil Refineries Ltd. It exports its products worldwide and emphasizes quality assurance, safety, and environmental responsibility. Carmel Olefins was established in 1988 and is affiliated with the Bazan Group, Israel's largest refinery. In 2010, Carmel Olefins merged into the Oil Refineries Group (BAZAN Group).
Funding history · 2 rounds · $900K total
2017-01
Grant
$526K
EU CORDIS — H2020 (NanoPack)
2010-09
Grant
Undisclosed
Tracxn
Ojp
Headcount over time
From 75 (2018-11) to 450 (2026-07) · +375 (+500%) · 18 points · source: Finder history + radar grounding
Q&A
- What is Carmel Olefins' primary business?
- Carmel Olefins manufactures petrochemical products, specifically standard and special grades of polypropylene (PP) and low-density polyethylene, which serve as raw materials for the plastics industry.
- When was Carmel Olefins founded?
- Carmel Olefins was founded in January 1991 through a merger of existing businesses.
- Who owns Carmel Olefins?
- Carmel Olefins is a private company owned by Oil Refineries Ltd.
- What are some key products offered by Carmel Olefins?
- Carmel Olefins' flagship product is Ipethene, used for film or pipe extrusion, blow molding, injection molding, and compounding of films for agriculture and packaging. Another key product is Capilene, used for PP homopolymers and impact and random copolymers in applications like garden furniture, cabinets, and transparent films.
- What is the employee count for Carmel Olefins?
- Carmel Olefins has 51-200 employees.
- Where is Carmel Olefins headquartered?
- Carmel Olefins is headquartered in Haifa, North District, Israel.
- What industries does Carmel Olefins primarily serve?
- Carmel Olefins primarily serves the Industrial Manufacturing, Process Industries, Chemicals & Petrochemicals, and Agriculture & Food sectors.
- Does Carmel Olefins export its products?
- Yes, Carmel Olefins exports its products to countries worldwide, including Europe, Egypt, and China.
Sectors & technology
Primary sector
Agriculture & Food Technologies
Sub-sectors
Industrial TechnologiesMaterial Innovations & Applications
Technologies
Materials & SubstancesRaw MaterialsPolymers
Target customers
Industrial ManufacturingProcess IndustriesChemicals & PetrochemicalsAgriculture & FoodCropsRow Crops
Business model
B2B
Tags
plasticschemicalsmaterialsisopostharvestpackaging-and-containersnanotechnology
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | carmel-olefins.co.il |
|---|---|
| linkedin.com/company/141284 |
Identifiers & details
| Legal name | Carmel Olefins Ltd. |
|---|---|
| Founded | 1988 |
| Employees (exact) | 118 |
Radar intelligence
Patents
| EPO | 13 |
|---|
Web history (Wayback)
| Domain | carmel-olefins.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 511316903 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1988-08-12 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | שד ההסתדרות 0 חיפה |