HAIFA, Israel, November 11 /PRNewswire-FirstCall/ -- - Consolidated Quarterly net Income Reaches $100 Million, Compared Break Even in Third Quarter 2008; - Consolidated net Income for the Nine Months Reaches $167 Million - Adjusted Refining Margin Totals USD/bbl 8.1 Compared to Reuters' Mediterranean Ural Cracking Margin Benchmark of USD/bbl 1.6; - Refining Capacity Increases to 197 kbpd, up From 180 kbpd, Following Upgrade of Largest Crude Unit; - Continue to Prepare for Merger of Carmel Olefins With ORL; Following General Meeting Approval and Completion of Transaction -- ORL will Wholly-own Carmel Olefins Oil Refineries Ltd.