Granite Hacarmel Investments Ltd., through its subsidiaries, engages marketing and distribution of oil products in Israel. It markets a line of branded lubricants, greases, and related products; and sells and distributes liquefied petroleum gas to industrial, commercial, agricultural, transportation, and governmental clients. The company sells its products through approximately 200 branded public service stations and 70 convenience stores. It also produces and markets painting and coating solutions, including indoor and outdoor products, such as emulsions, polyurethanes epoxies, varnishes, textured coatings, primers, printing, printing inks, glues, adheres, sealants, and building accessories for the decorative and building sectors. In addition, the company is involved in planning, construction, production, operation, and maintenance of plants for water and waste water treatment; and desalination of sea and brackish, as well as effluent recovery. Further, it develops, markets, and distributes chemicals to industries, aquaculture, municipalities, and institutions; and engages in the acquisition, planning, licensing, construction, operation, and maintenance of cellular communication towers to various communication operators for outsourcing and cooperative infrastructure usage. Additionally, the company is involved in the construction of sewerage, gas, and water supply networks; and installation of optical fiber cables for telecommunication services. The company was founded in 1981 and is based in Netanya, Israel. As of November 5, 2019, Granite Hacarmel Investments Ltd. operates as a subsidiary of Elco Ltd..