Israel Petrochemical Enterprises Ltd. is an Israel-based holding company. The Company operates through its subsidiaries in two main sectors: The Oil refining Sector through Oil Refineries Limited engaged in refining of crude oil and providing a variety of products used in industrial operation, transportation, private consumption, agriculture and infrastructures. The Company, through its subsidiary Avgol Industries (1953) Ltd., is engaged in manufacturing and supplying nonwoven fabrics for uses in hygiene, textile, industry and agriculture sectors. In Addition the Company is engaged in Real Estate operations in Poland through its subsidiary TPK-30 sp Z.o.o. Ltd.