Shell Refinery Celebrates 50 Years With The Community
Shell Refining Company (FOM) Berhad (SRC) today paid tribute to the Port Dickson community in the presence of Tunku Besar Seri Menanti of Negeri Sembilan, Tunku Ali Redhauddin Ibni Tuanku Muhriz, as part of activities to mark its 50 years in operations.
PORT DICKSON, NEGERI SEMBILAN, 5 February 2013
The Company has grown progressively since its establishment in 1963, with community acceptance being one of its pillars of success. Earlier, the Royal entourage visited the refinery to look at how the refinery operates. It was a start of the many other chapter of celebration to come throughout the year.
Rozano Saad, Managing Director of SRC, said, "Our objective is to create a positive presence and legacy in the communities and societies in which we operate. We are proud to be a longstanding partner in the Port Dickson community and we strive to be a good neighbour and seek to build committed relationships with our partners."
He added that SRC worked with the communities to ensure that its presence creates a positive impact on the surrounding people, environment and businesses. "Our neighbours such as the residents of Kampung Arab, Kampung Gelam, Kampung Paya, Kampung Hailam (Teck Lin) and Taman Nesa play a very important role in our daily operations. They are the direct beneficiaries of our social investment activities."
Regular engagements with the communities through an open forum are organised yearly to allow for two way communications. During these forums, members of the communities suggest ideas while Shell shares its latest project updates.
"Social investment or Corporate Social Responsibility is high on our agenda. We have partnered with the Port Dickson Residents Association, PD Women Association, PD Rotary Club, Malaysian Nature Society, PDK Curahan Kasih, schools and many more in our community outreach programmes," Rozano added. With Health and Safety being its top priority, SRC provides regular training on basic firefighting skills and equip them fire extinguishers.
Over the years, Shell, and in particular SRC, has created jobs for the locals, imparting skills which have proven to have lasting impact. SRC now proudly has in its employ the second and third generation descendents of former employees.
Rozano concluded, "For this 50 years celebration, it is our wish to be recognised as a positive contributor to the society; an aspiration which we humbly believe we have achieved."
Shell is a global leader in power, energy, and gas technology and is working to meet increasing energy demand and supply challenges by delivering smarter products and cleaner energy, smarter infrastructure, smarter use, and by developing new energy sources while addressing the impact on the environment, through cleaner burning natural gas and advanced fuels and lubricants technology.
Issued on behalf of Shell Malaysia Corporate Affairs. For further editorial information, contact:
Cell: 03 2091 3795, Email: N.Sulaiman@shell.com.
Note To Editor
About Shell Refining Company
Shell Refining Company (Federation of Malaya) Berhad was formed in 1960 as a public listed company. It currently has 49% public participation and 51% held by Shell Overseas Holding Limited. The Company operates with state-of-the-art technology and is the key petroleum products supplier to Shell Downstream businesses in Malaysia. The oil refinery at Port Dickson has a licensed production capacity of 156,000 barrels per day and produces a comprehensive range of petroleum products, some 90% of which are consumed within Malaysia.
Definitions & Cautionary Note
Resources: Our use of the term "resources" in this announcement includes quantities of oil and gas not yet classified as Securities and Exchange Commission of the United States ("SEC") proved oil and gas reserves or SEC proven mining reserves.
Resources are consistent with the Society of Petroleum Engineers 2P and 2C definitions.
Resources are consistent with the Society of Petroleum Engineers 2P and 2C definitions.The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this announcement "Shell", "Shell Group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general.
Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. "Subsidiaries", "Shell subsidiaries" and "Shell companies" as used in this announcement refer to companies in which Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence.
The companies in which Shell has significant influence but not control are referred to as "associated companies" or "associates" and companies in which Shell has joint control are referred to as "jointly controlled entities". In this announcement, associates and jointly controlled entities are also referred to as "equity-accounted investments".
The term "Shell interest" is used for convenience to indicate the direct and/or indirect (for example, through our 23 per cent shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.
This announcement contains forward looking statements concerning the financial condition, results of operations and businesses of Shell and the Shell Group. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.
Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.
Forward-looking statements include, among other things, statements concerning the potential exposure of Shell and the Shell Group to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "goals", "intend", "may", "objectives", "outlook", "plan", "probably", "project", "risks", "seek", "should", "target", "will" and similar terms and phrases.
There are a number of factors that could affect the future operations of Shell and the Shell Group and could cause those results to differ materially from those expressed in the forward looking statements included in this announcement, including (without limitation):
(a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions;
(i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions.
All forward looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward looking statements. Additional factors that may affect future results are contained in Shell's 20-F for the year ended 31 December 2012 (available at www.shell.com/investor and www.sec.gov).
These factors also should be considered by the reader. Each forward looking statement speaks only as of the date of this announcement, 5 February 2013. Neither Shell nor any of its subsidiaries nor the Shell Group undertake any obligation to publicly update or revise any forward looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward looking statements contained in this announcement.
Shell may have used certain terms, such as resources, in this announcement that the SEC strictly prohibits Shell from including in its filings with the SEC. U.S. investors are urged to consider closely the disclosure in Shell's Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.