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Oil Refineries (XTAE:ORL) Cash Payments for Deposits by Banks and Customers


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What is Oil Refineries Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Oil Refineries (XTAE:ORL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil Refineries Ltd (XTAE:ORL) » Definitions » Cash Payments for Deposits by Banks and Customers
Traded in Other Exchanges
Address
P.O. Box 4, Haifa, ISR, 310001
Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries.