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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.
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