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Electricity, Infrastructure

& Energy

544

2016

|

DUN’S

100

DUN’S

100

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2016

DUN’S

100

|

2016

2016

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DUN’S

100

Trade

1

1

Petroleum & Infrastructure Companies

RANK

Paz Oil Company Ltd.

P

az Group is Israel’s largest and leading

energy and retail company and a unique

player in the Israeli economy. The Group

has a varied activity range from owning an up-

graded refinery and private power cogeneration

plants, to retail gas stations and convenience

stores, wholesale fuel marketing, LPG and jet

fuel, to oils and sealants. Activities throughout

the supply chain have synergetic value and create

significant advantages for the Group, allowing it

to lead in all areas of its operations.

Paz is the only Israeli energy group to own a re-

finery and a leading chain of 272 gas stations.

“Paz” has a strong and leading brand preferred

by consumers thanks to its chain of 236 conve-

nience stores, “Yellow”, which serve thousands

of customers daily, and provides a range of road-

side services and subsidiaries, each leading in

its field (Pazgas, Paz Oils, Pazkar, Paz Aviation

Services, Paz Aviation Assets).

Paz was founded in 1922 and became a Shell

subsidiary in 1927. Since 1999 Paz has been

controlled by Bino Holdings Ltd., owned by Zadik

Bino with Dolphin Energy and Instanz Holdings

(Lieberman Group).

In Nov 2006, Paz held one of the largest share and

bond IPO’s known by the Tel Aviv Stock Exchange

and is one of the leading companies in the Israeli

economy. Paz is traded on the TA-25 index. Its

credit rating according to S&P is Stable/-ilAA-.

Group Structure

The company operates three business divisions:

Retail andWholesale; Refining and Logistics; and

Industries and Services. The divisional structure

has the expertise to meet customer needs, en-

hance competitiveness and product quality to

continue growth. Paz also emphasizes long-term

planning and investment to uphold values of ex-

cellence and leadership.

Retail & Wholesale Division

Paz owns Israel’s largest gas stations chain with

272 gas stations, dozens of retail areas through-

out the country and hundreds of Yellow conve-

nience stores located in gas stations. The chains

offer advanced services and a broad range of

products that are the Division’s engine of growth

together with retail complexes that increases

traffic to gas stations and Yellow stores and bring

in extra revenue. The Division’s activities include

wholesale fuel marketing to large customers and

marketing fuel to vehicle fleets through Pazomat,

Israel’s largest electronic fuelling company.

Paz’s broad customer base includes industrial,

institutional, aviation and governmental compa-

nies and organizations. Paz owns a portfolio of

quality assets allowing optimal implementation

and maintaining long-term leadership.

Refining & Logistics Division

The division manages the Group’s oil refinery, im-

port of crude oil and products, manufacturing oil

derivatives and producing electricity and steam

for its own use and electricity for sale. The division

coordinates the Group’s logistic activities including

storing fuels, production, streaming, transport and

procurement services. The oil refinery operates to

the strictest environmental and safety standards,

strives for high product quality, and invests hun-

dreds of millions of dollars in improving capabili-

ties and content. In 2013, after investing NIS 1.5

billion, and completing installation of the newproj-

ects, the refinery was upgraded so that refining

capacity increased up to 5.4million tons annually,

improving and diversifying product composition,

operating flexibility and energy consumption.

The company produces 109 MWper hour through

two cogeneration plants on the refinery complex.

The geographic advantage of proximity to consum-

ers, accessibility to infrastructures, the fact that

Paz is the anchor customer of the oil refinery, the

range of income sources and electricity sales, the

range of customers and salesmarkets put together,

allow the creation of refiningmargins with positive

premiums above benchmark refining margins.

Industries & Services Division

The division incorporates a number of leading

subsidiaries in their fields each specializing in

developing, producing andmarketing oil residual

products and alternative energy.

Pazgas –

Israel’s largest supplier of LPG (cooking

gas) for household and industrial use.

Paz Lubricants&Chemicals –

manufactures, im-

ports andmarkets lubricant and solvent products

for the domestic and export markets.

Pazkar –

develops, produces and markets

advanced sealing and insulation solutions:

waterproofing membranes (bitumen), coatings,

sealants and adhesives, for infrastructure and

building companies in domestic and interna-

tional markets.

Paz Aviation Services and Assets –

provides jet

and aviation fuel and storage and fuelling ser-

vices to local and international airfields.

Environmental and Social Responsibility

Along with leadership and initiative in the busi-

ness sector, the Paz Group is committed to social

and environmental responsibility. Paz has been

awarded a “Gold” rating for Social Responsibility

in the Ma’ala Index over the past three years. In

line with this outlook, Paz implements operation

in the environmental sector in cooperation with

theMinistry of Environmental Protection including

soil surveys, and rehabilitation work, as required.

Since acquiring Oil Refineries, Paz hasmademany

investments in improving the environment includ-

ing building a biological sulfur reclamation and

wastewater treatment facilities and building cogen-

eration plants to produce electricity from natural

gas. Paz views integrating business activities with

environmental responsibility as a strategic goal.

Esta b l i s h e d

1922

L i n e o f B u s i n ess

Energy and Retail

Euro Park, Holland Building,

Kibbutz Yakum 6097200

Tel:

972-9-8631111 

Fax:

972-9-8631255

dvoritf@paz.co.il www.paz.co.il

Yona Fogel

CEO *

Zadik Bino

Chairman of the Board

* See Top Executives Profiles - Page 582