*Introducing Carmel Olefins Ltd: Carmel Olefins Ltd. (“Carmel”) is Israel’s sole manufacturer of petrochemical products that are used as raw materials for the plastics industry. Carmel manufactures standard and special grades of Polypropylene (PP) as well as a broad range of Low Density Polyethylene (LDPE) grades. Carmel also exports to various countries worldwide. Carmel Olefins Ltd. was founded in 1991 through a merger of existing businesses and is now a private company owned by the Oil Refineries Ltd. Carmel’s production and management center is in the Haifa Bay industrial zone, adjacent to the refinery. *Carmel Olefins looks to the Future: Carmel Olefins’ leading position in the industry is based on its unparalleled attention to customers’ needs, combined with its superior technological know-how and production capacity. This allows it to develop and offer a broad range of grades, tailor-made to help its customers achieve a competitive edge in their markets. Carmel is the only company in the Israeli plastics industry with the know-how and capabilities to consistently deliver this set of benefits. Carmel has installed the most modern management systems for quality assurance and is committed to environmental quality and social responsibility. Carmel Olefins Ltd. is focused on increasing its production capacity of Polypropylene and using the world’s most advanced technology in order to supply its customers with innovative products and superior technical service. This will allow it to create and supply more new products that help its customers stay at the leading edge of their industrial sectors, and provide the basis for increasing its present level of exports. Aiming for Excellence Carmel Olefins Ltd. is committed to attaining the highest standards of quality in its manufacturing, products, logistics and technical services. This is achieved through a culture of continuous improvement and adoption of a holistic Quality Management approach which includes a full range