Israel's ORL primes big investment program

摘要

Jerusalem-The head of Israel's largest refiner, Oil Refineries Ltd (ORL), has predicted that the company's investments over the next few years will lead to a substantial improvement in its refining margins and profitability despite a sharp turndown in the Israeli economy. In an interview, ORL CEO Yashar Ben Mordechai said the company is in the process of implementing a large scale upgrading and expansion plan that will increase capacity and improve the company's flexibility in a changing market.