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US Ex-Im inks loan for Israel’s hydrocracker
09 February 2010
Israel’s Oil Refineries (ORL) has secured a financing framework to build a hydrocracker project- described as Israel’s “largest investment plan this year”.
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Israel’s Oil Refineries US Ex-Im loan
ORL US export
hyrdocracker
Israel
Israel’s Oil Refineries (ORL) has secured a $900 million financing framework to build a $500 million hydrocracker project and refinance its debt.
The hydrocracker project, when built, will produce mainly diesel and jet fuel and is expected to be completed by the first half of 2012.
The hydrocracker will enable the production of more distillates...
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