June 26, 2013

Gornitzky represents Nilit in conversion of fuel oil consuming facilities to natural gas based facilities.

Gornitzky & Co. represented Nilit Ltd., an international manufacturer of nylon for the textile and plastic industries, in agreements with a division of Delek the Israel Fuel Corp. Ltd. (TASE: DLKIS) for the conversion of Nilit’s fuel oil consuming facilities in Migdal Ha’Emek to natural gas based facilities and for the supply and purchase by Nilit of compressed natural gas (CNG), which will be delivered to Nilit by way of special purpose CNG tankers.

Nilit Ltd. was represented by Jack Smith (Partner) and Moshe Krieger.

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