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Israel Corporation

Factories in Haifa Bay. (Shay Levy / Flash90)
July 10, 2022, 6:27 pm
Environment Ministry files criminal charges against Bazan Group for air pollution
Indictment alleges that Carmel Olefins failed to properly use flare to burn gases, pumping nearly 100 tons of carbon monoxide, ethane, methane, ethylene and propane into the air
By Sue Surkes
Britain's Secretary of State for Housing Robert Jenrick arrives for a Cabinet meeting at 10 Downing Street in London, October 16, 2019. (Kirsty Wigglesworth/AP)
June 28, 2020, 10:56 am
UK minister faces questions over meeting with Israeli mining billionaire
Housing Secretary Jenrick admits he held talks with businessman Idan Ofer while at Treasury in 2018, but insists he recused himself from rival company’s bid for government aid
By ToI Staff and AP
View of a fire that broke out at an oil refinery complex in Haifa, northern Israel, December 25, 2016. (Meir Vaaknin/Flash90)
June 2, 2020, 5:02 pm
Court slaps NIS 1.2 million fine on oil refinery for 2016 toxic blaze
Additional fines of NIS 30,000 to 50,000 handed to three managers for failing to implement company rules, violating environmental permits
By Sue Surkes
View of chimneys from a refinery in Haifa Bay. (Shay Levy/Flash90)
December 10, 2019, 2:24 pm
Plants owned by prominent family cost public health $340m in 2018 — report
Analysis of open source data by environmental NGO Adam Teva V’Din shows selected Ofer family factories emitted from a tenth to a third of industry’s main polluting gases last year
By Sue Surkes
Illustrative: People watch a board showing price fluctuations at the Tel Aviv stock exchange. (Moshe Shai/FLASH90)
From the WebOctober 13, 2014, 5:23 pm
Israel Corp finance chief Avisar Paz to be CEO after restructuring
Reuters: One of Israel’s largest holding companies is making a major change
Illustrative photo of electric grid wiring (Photo credit: Roni Schutzer/Flash 90)
From the WebJune 3, 2014, 1:49 pm
Israel Corp. subsidiary acquires Jamaica private electric company
Go Jamaica: IC Power, which is investing in numerous Caribbean and Latin American countries, bought out JPPC
The Qoros 3 Estate concept vehicle (Courtesy)
From the WebApril 25, 2014, 2:38 pm
Qoros finds its own way to debut to the world
CRI English: A new ca developed by a Chinese and Israeli company is, uncharacteristically, getting Chinese consumers’ attention
Illustrative: Zim shipping containers. (Yaakov Naumi/Flash90)
From the WebMarch 27, 2014, 1:12 pm
Israel Corp loss grows on poor shipping, chemical units’ results
Reuters: Profits in the fourth quarter were down, mostly on losses for the company’s Zim subsidiary
The Qoros 3 Estate concept vehicle (Courtesy)
From the WebMarch 6, 2014, 12:09 pm
Israeli-Chinese automaker Qoros challenges Europeans on home turf
Businessweek: The Israel Corp. and China’s Chery Automobile are ready to go with their lower-cost family cars
From the WebJanuary 16, 2014, 10:09 am
Israel Corp close to losing control of Zim
Globes: A debt settlement for the beleaguered shipper could result in the biggest ‘haircut’ in Israeli financial history
The Qoros 3 Estate concept vehicle (Courtesy)
From the WebJanuary 3, 2014, 9:09 am
Chinese-Israeli automaker sells its first car
Business Insider: A car made by Qoros, a collaborative effort between the Israel Corp. and China’s Chery Automobiles, is on the road
President and chairman of Primus Green Energy, Dr. Yom-Tov Samia (left) and CEO Robert Johnsen (photo credit: Primus Green Energy)
October 4, 2013, 6:34 am
Israeli-backed start-up unveils gas-producing plant
Natural gas, while plentiful worldwide, can’t be used to power vehicles — until it goes through Primus’s novel conversion process
By David Shamah
An analyst checks the numbers on the Tel Aviv Stock Exchange (Photo credit Meir Partush/Flash90)
August 25, 2013, 2:56 pm
Typing error sends Tel Aviv Stock Exchange plummeting
Israel Corporation shares fall 99.98 percent before mistake is detected; trading briefly halted
By Stuart Winer
A man refuels a Better Place car marketed by Renault at the company's demonstration center in Ramat Hasharon (photo credit: Roni Schutzer/Flash90)
May 26, 2013, 10:15 am
Better Place files for bankruptcy
Innovative Israeli company burned through more than $800 million in five years, but sold barely 2,000 of its electric cars
By Gavriel Fiske
Illustrative: A "Better Place" electric car outside the company's sales center in Tel Aviv (photo credit: AP/Ariel Schalit)
May 24, 2013, 11:41 pm
Electric car trailblazer Better Place to file for bankruptcy within days
Israeli company runs out of steam due to low demand, having burned through more than $800 million but sold barely 2,000 vehicles
By Yifa Yaakov and David Shamah
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