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HENGYUAN REFINING COMPANY BERHAD I 09
OUR
STRENgThS
hengyuan Refining Company OUR hERITAgE
Berhad (hRC or Company)
stands strong on an established Hengyuan Refining Company Berhad (HRC or Company) is a landmark refinery
world-class corporate culture operator that supplies a significant volume of Malaysia’s oil products needs. We
and good operating principles have played a dynamic role in Malaysia’s economic and social fabric since our
establishment in 1960. From a single crude distiller with an operating capacity of
gleaned from our heritage and 20,000 barrels per day, we have grown to be the nation’s third largest complex
from our current major refinery with a licensed capacity of 156,000 barrels per day.
shareholder’s refining
capabilities and expertise. OUR ANChOR
Shandong Hengyuan Petrochemical Company Limited (SHPC) owns a 51 per cent
stake in HRC via Malaysia Hengyuan International Limited since December 2016.
Founded in 1970 and incorporated in 1997 as an independent oil refinery,
SHPC has achieved multiple accolades over the years as one of the Top 100 Leading
Enterprises in Shandong and one of the Top 500 Chinese Chemical Enterprises.
SHPC’s proven expertise and technical capabilities provide beneficial synergies
and support for HRC’s growth as a complex refinery capable of delivering high
performance products and profitability.
OUR PEOPLE
Based in Port Dickson, we are one of the largest economic contributors to the
state, and have provided employment to three generations of the surrounding
Hijau Unit - A diesel hydrodesulphurisation unit.
community. Our employees are predominantly Malaysians, and we are supported
by several international employees. The overall team has a very wide range of
experience and skills.
OUR COmmITmENT
As a responsible operator, HRC consistently contributes to economic, educational,
environmental, safety, social and welfare initiatives in the country. The refinery’s
safety and reliability are in compliance with the legislative requirements of the
Department of Occupational Safety and Health Malaysia.
Investing to be future-ready, we have also initiated projects required to meet
specifications mandated by the Malaysian governing authorities and which are
integral not only to HRC’s contribution towards nation building, but will also enable
dynamic and sustainable growth through to 2021 and beyond.