Israel Corp. Ltd. operates as an investment holding company, with interests in the petroleum industry. It operates through Israel Chemicals Ltd. segment and Oil Refineries Ltd. segment. The Israel Chemicals Ltd. segment engages in the extraction of raw materials from minerals. The Oil Refineries Ltd. segment engages in the manufacture of oil products, raw materials for the petrochemical industry, and raw materials for the plastic industry. The company was founded in 1968 and is headquartered in Tel Aviv, Israel.