The story
Gadiv was established in 1974 in order to serve the plastics and chemical markets in Israel and neighboring countries in the Mediterranean basin. The plant was planned to produce a nameplate capacity of 170,000 mt, started operating in 1978 in Haifa. Over the last 30 years, Gadiv's production capacity has grown due to major technological upgrades to more than 500,000 mt per year. Oil Refineries Ltd. established full ownership in 1994.
From Wikipedia’s article on Gadiv Petrochemical Industries, shared under CC BY-SA 4.0.4