Israel Petrochemical Enterprises Ltd. (PTCH.TA)
Israel Petrochemical Enterprises Ltd. operates in the Chemicals industry of the Basic Materials sector, headquartered in Tel Aviv, TA, IL. The stock last traded at $519.80, up 2.06% on the session, giving a market capitalisation of $704.4M. Its beta of -0.77 implies it has historically moved less than the broad market.
Operating globally within the petrochemical sector, Israel Petrochemical Enterprises Ltd. provides a comprehensive array of products. This includes various refined petroleum derivatives such as gasoline, naphtha, diesel, kerosene, fuel oil, LPG, and bitumen. The company also manufactures crucial raw materials for the plastics industry, specifically polypropylene and polyethylene, alongside aromatic compounds essential for chemical and petrochemical applications. Furthermore, it offers basic oils and waxes, and leases out tankers to facilitate the transport of fuel products. Serving both fuel and gas marketing companies and retail gas stations, the firm distributes its offerings through a network of agents and distributors. Founded in 1961 and headquartered in Tel Aviv-Yafo, Israel, Israel Petrochemical Enterprises Ltd. functions as a subsidiary of Alverstone Ltd.
Israel Petrochemical Enterprises Ltd. is most often compared with the following Basic Materials names: