Wednesday, May 14, 2008

Carmel Olefins completes acquisition of 49% stake in Domo Polypropylene

Israel's largest oil refiner Oil Refineries Ltd. (ORL) has announced that Carmel Olefins Ltd. (COL) has completed on May 6, 2008, the closing on the transaction to acquire 49% of the outstanding sharee capital of Domo Polypropylene BV.

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