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The Israel Corporation Snapshot
Holding company Israel Corporation owns stakes in specialty chemicals, shipping, and technology firms. It has grown by buying into state-owned companies as the Israeli government privatizes them; about half of its holdings are manufacturing concerns. The company owns slightly more than half of fertilizer maker Israel Chemicals, about 40% of wafer manufacturer Tower Semiconductor, and almost all of Zim Integrated Shipping, one of the world's largest shipping and transportation companies. Israel Corporation also wholly owns Latin American power company Inkia Energy and IC Green Energy, which invests in renewable energy, such as solar power and biofuels, in Israel.
