TOWER (TSEM) is rising 7% on NASDAQ, ORCKIT 5% and so on. BAZAN, the Haifa refinery, expects a utilization rate of 95 percent in 2011. A new hydrocracker is being built with two Italian reactors. The 25,000 barrel-a-day unit, being built at a cost of $500 million, is expected to start operations in mid-2012. Hydrocrackers are mainly used to produce diesel.