Bazan completed the acquisition of a 52% stake in Cantium for $100m.

Bazan, an integrated refining and petrochemical company that produces and markets fuels and chemical products, completed the acquisition of a 52% stake in Cantium, an oil and gas company specializing in exploration, development, and asset management, for $100m. “This is a breakthrough for Bazan. It allows us to integrate the entire value chain, from wellhead to final product, enhancing both flexibility and long-term resilience," Moshe Kaplinsky, Bazan Chairman.