Ampal-American Israel Corporation
This Israeli based investing company was established in 1942. Their corporate headquarter is presently in Tel Aviv, Israel. Major objective of the company is to venture on companies who initially started in Israel and expanded abroad. The company’s business ventures can be categorized into four namely, chemicals, energy, real estate, and leisure.
Gadot Chemical Tankers and Terminals Ltd. is a company involved in chemical distribution and shipping. The company produces edible oils and plastics, additives, alcohols, aromatic solvents, esters, ketones, minerals, pharmaceuticals, printing inks, and textile fibers. Ampal-American Israel Corporation owns 63.66% of the company.
East Mediterranean Gas Company is an Egyptian company responsible for exporting natural gas products from Egypt to Israel. The company operates the Arish-Ashkelon pipeline, a submarine gas pipeline connecting the Arab Gas Pipeline with Israel.
Global Wind Energy Ltd. is a company who offers renewable energy like the wind energy. Where half of the company is own by Ampal-American Israel Corporation.
Bay Heart Ltd. is a company involved in constructing and lease of shopping centers. In May 1991 the company opened The Mall a three-story building with approximately 280,000 square feet of rentable space located in Haifa, Israel.
Country Club Kfar-Saba Ltd. and Hod Hasharon Sport Center L.P are companies that operate a country club in Israel. These are the companies where Ampal-American Israel Corporation made its investments.
Ampal-American Israel Corporation is investing on all of the companies listed above.
One of its biggest investments right now is on Gadot Chemical Tankers and Terminals Ltd. with 63.66% equity share but sad to say the company is not doing well in the stock market right now. The revenue for the company is declining in the third quarter of this year. This will greatly affect the total performance of the company for this year. But the company is still worth holding on to, their finance is still strong and for sure they can bounce back. Many of the stock trading software and stock market software can validate these data.
