Paz is Israel’s leading oil refining and marketing energy corporation. Paz went public on the Tel Aviv Stock Exchange at the end of 2006. Paz is controlled by Bino Holdings. Paz is the largest operator of filling stations and convenience stores in Israel. As of the end of 2006, the Paz chain comprised about 260 filling stations across Israel. One of Paz’s growth areas is its Yellow chain of convenience stores. Paz owns several subsidiaries that are considered market leaders their fields, including: Paz Lubricants and Chemicals, Pazkar that produces and markets bitumen, coatings and adhesives, Pazgas: Israel’s largest supplier of LPG, Paz Aviation Assets and Aviation Services,  Pazomat: Israel’s largest electronic self-service fuel filling firm. In September 2006, Paz won the Israeli government tender to purchase the Ashdod Oil Refinery for $750 million. The Ashdod Oil refinery is capable of refining about 4 million tons of crude oil per year.