Natural Resources and Chemicals

Investments that span some of the world’s largest and most important commodities and industrial product companies.

Clal Industries

Access Industries owns Clal Industries Ltd, a prominent Israeli industrial group with a long-term investment horizon. Clal focuses on market leaders in various industries ranging from traditional to high-tech and biotechnological industries. Clal’s main investments include Nesher, Israel’s sole cement manufacturer; Taavura, Israel’s largest logistics group; Golf & Co., an Israeli fashion retail chain and Clal Biotechnology, a drug development company.

LyondellBasell logo

LyondellBasell Industries

Access holds a significant stake in LyondellBasell Industries N.V., one of the world’s largest plastics, chemical, and refining companies. LyondellBasell is one of the world’s largest polymers, petrochemicals, and fuels companies; the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; a leading producer of advanced fuel products; and the operator of one of North America’s largest full-conversion refineries. Through extensive, cutting-edge research and development, LyondellBasell develops innovative materials and technologies that deliver exceptional customer value and products that improve the quality of life for people around the world. LyondellBasell is headquartered in the Netherlands.

Calpine Corporation

In March 2018, Calpine Corporation, the largest generator of electricity from natural gas and geothermal resources in the U.S., operating 80 power plants and servicing customers in 25 states, Canada and Mexico, agreed to be acquired for $17.1 Billion by Energy Capital Partners and a consortium of investors led by Access Industries and Canada Pension Plan Investment Board.