Hengyuan Refining Company Bhd 2018 AR2
The report highlights Hengyuan Refining Company Berhad's performance and strategic investments for the fiscal year 2018. The company successfully completed its largest and most complex major turnaround (MTA 2018) ahead of schedule and below budget, which led to the extension of its operating licence by DOSH to a maximum of 75 months. Despite volatile crude prices and low refining margins, the company recorded a profit after tax of RM30.8 million and progressed on key regulatory projects, including Euro 4M Mogas, Euro 5 Gasoil, Clean Air Regulation, and H2GEN. Additionally, the company achieved 5.6 million man-hours without a Lost Time Injury and became the first operating refinery in Malaysia to achieve ISO 45001:2018 certification.
Company: Hengyuan Refining Company Bhd
Sector: Energy
Country: Malaysia
Year: 2018
Type: AR2
Pages: 79
Back to company
Hengyuan Refining Company Bhd
Annual Report
The report highlights Hengyuan Refining Company Berhad's performance and strategic investments for the fiscal year 2018. The company successfully completed its largest and most complex major turnaround (MTA 2018) ahead of schedule and below budget, which led to the extension of its operating licence by DOSH to a maximum of 75 months. Despite volatile crude prices and low refining margins, the company recorded a profit after tax of RM30.8 million and progressed on key regulatory projects, including Euro 4M Mogas, Euro 5 Gasoil, Clean Air Regulation, and H2GEN. Additionally, the company achieved 5.6 million man-hours without a Lost Time Injury and became the first operating refinery in Malaysia to achieve ISO 45001:2018 certification.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees