1964 Plant commenced activity (100% citric acid production).
1964-81 Owned and operated by - Miles Israel Ltd. (A subsidiary of Miles Labs. USA).
1982 Gadot Petrochemical Industries (GPI) acquires the plant from Miles Labs.
Rename it Gadot Biochemical Division.
1988 Clal Trading and Delek acquire majority stake in GPI.
1991 GBI announces development of sodium citrate plant.
1994 The Petrochemical Division sold to Oil Refineries.
Company renamed: Gadot Biochemical Industries Ltd. (GBI).
1996 GBI announces development of enrichment minerals plant.
1999 Delek acquires majority share of GBI.
2002 GBI announces development of its crystalline fructose plant.
2005 GBI is traded on TASE.
2006 GBI announces TALGAM - A joint venture with Tate & Lyle for the purification of raw sugar.
2007 GBI announces acquisition of Pharmline Inc.
GBI announces Gadot Biochemical (China) Corp. - A joint venture for the production of citric acid and sodium citrate in China. |