Bazan Ltd.
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Bazan Ltd. - overview
Established
1938
Location
Haifa, -, Israel
Primary Industry
Oil & Gas
About
Bazan Ltd. is an Israeli company specializing in refining and producing a diverse range of petrochemical products, including fuels essential for transportation and various industries. Founded in 1938 in Haifa, Israel, Bazan Ltd. operates oil refineries and is involved in the production of petrochemical products.
The company has evolved its business strategy to focus on sustainability and environmental responsibility. Bazan Ltd. does not have known subsidiaries or parent companies and continues to operate independently. Bazan Group specializes in the refining and production of various petrochemical products essential for multiple industries.
Its core offerings include a wide range of fuels such as gasoline for automotive use, diesel for heavy vehicles, and kerosene for aviation, alongside petrochemical products like polyolefins and aromatic compounds. These products serve critical end-use applications in transportation, agriculture, infrastructure, and household consumption. Bazan Group operates modern facilities capable of producing approximately 26,600 tons of crude oil daily, catering to diverse markets not just in Israel but also extending to European and Asian regions where demand for refined fuels and chemical products is significant. The company’s commitment to sustainability and environmental responsibility also drives its operational strategies, focusing on green practices throughout its supply chain.
Bazan Group's revenue generation primarily occurs through the sale of refined fuels and petrochemical products to a broad client base, including automotive, aviation, and industrial sectors. The company engages in business-to-business transactions, supplying products directly to wholesalers and retailers who then distribute to end consumers across various geographic markets. The pricing structure is aligned with industry standards, reflecting the cost of production and market demand for their flagship products. Noteworthy offerings include high-quality gasoline and diesel fuels, which are essential for transportation and logistics companies, and polyethylene products used extensively in the plastics industry.
The firm maintains a robust financial structure built on long-term partnerships with key industrial clients, ensuring a steady stream of revenue through contractual agreements.
Primary Industry
Oil & Gas
Sub Industries
Petroleum Refining
Website
www.bazan.co.il
Verticals
Manufacturing
Total Amount Raised
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