Prezentare CCB engleza aug 2010.cdr
Transcription
Prezentare CCB engleza aug 2010.cdr
CHIMCOMPLEX S.A. BORZESTI MEMBER OF SCR GROUP CHIMCOMPLEX S.A. BORZEªTI - MEMBER OF SCR GROUP CHIMCOMPLEX S.A. is a part of SCR Group one of the strongest industrial groups from Romania. The Romanian Commercial Services, company known under the name SCR Group, is an industrial strong financial group having integral Romanian capital and has in its portfolio 17 companies, 8 of them being production units. SCR Group founded in 1993 and its first activities were in the domain of real estate and commerce. In its 16 years of activity, the group increased constantly, beginning with two employees and a 3 mil. Lei turnover. In 1993 and reaching to over 4035 employees and about 89 millions EUR turnover in 2009. The diversification of the activities allowed the orientation of the strategical interest of SCR Group to the industry, for the moment this one is active in five industrial sectors: - special equipments; - construction of machines and apparatus; - textiles; - chemical industry; - pulp and paper. In the portfolio of SCR Group there are the following companies: Contactoare Buzãu, bought in 1998, Sinterom Cluj-Napoca - 1999, Uzuc Ploieºti - 2000, Iaºitex Iaºi and Chimcomplex Borzeºti, bought in 2003, Someº Dej, Caromet Caransebeº and Novatexile Piteºti, which were bought in 2004. In 2007 SCR Group took also INAV Bucuresti. Through the simple enumeration results the variety of products from the commercial offer of SCR Group and regarding this with more attention it can be noticed that every industrial unit is a leader in its domain of activity. SCR GROUP - TURNOVER [mil. EUR] 180 162 160 145 MILLION EUR 132 131 140 105 120 89 100 80 60 55 40 20 0 2003 2004 2005 2006 2007 2008 2009 Chimcomplex SA Borzesti’s capital is distributed as follows: No. Shareholder Rate of participation (%) 1 SC A2 Impex SRL 83,8158 2 AVAS 12,8957 3 4 S.I.F. MOLDOVA Other shareholders 2,6263 0,6622 BRIEF HISTORY To use the rich deposits of salt from Targu Ocna, in 1954 was established Chemical Combine Borzesti , which would become the core of the chemical platform developed in the years 1960-1970 under the name of the Petrochemical Industrial Group and later Borzesti Petrochemical Factory. In 1990 Chemical Factory Borzesti was organized as limited company under the name of CHIMCOMPLEX SA BORZESTI. In June 2003 was signed the contract of privatisation of the company and CHIMCOMPLEX SA BORZESTI became a part of SCR group. The historical route of Chimcomplex has been marked by several significant steps: » in 1954 : was founded the electrolytic caustic soda plant, who became later Chemical Combine Borzesti » in 1969 : was founded the Petrochemical Industries Group (GIP) Borzesti by the fusion of synthetic rubber company Onesti, Onesti Refinery and Chemical Combine Borzesti » 1973 : from GIP Borzesti who becomes Petrochemical Combine Borzesti it was separate Chemical Factory Borzesti which will operate under the name of Chemical Plants Borzesti; » March 1990 : Petrochemical Factory Borzesti split and the Chemical Plants Borzesti was formed as an independent unit under the name of Chemical Company Borzesti; » November 1990: Chemical Company Borzesti was transformed into joint stock company under the name Chimcomplex SA Borzesti; » in 1994 : started the modernization of caustic soda plant, and in 1996 was put in place a modern complex of chlor-alkali manufacturing using the ion exchange membrane electrolysis. The complex was accomplished in collaboration with KRUPP UHDE, Germany and increased the economic efficiency of the products manufactured througt the complex integrated production flows; » in 2003 : following the privatization process, Chimcomplex enter in the SCR Group, one of the most powerful industrial groups from Romania; » in 2004 - Chimcomplex SA Borzesti obtain ISO 9001 certification for manufacture and sale of chemical products; » in 2007- Chimcomplex SA Borzesti obtain environmental management system certification ISO 14001: 2004; » in 2008 – were started the following new plants investments as a result of an established plan: the incineration plant, the sulfuric acid reconcentration, calcium chloride flakes plant, cogeneration plant. OUR MISSION AS A COMPANY CONSISTS IN THESE TERMS WHICH DEFINE THE 50 YEARS OF ACTIVITY VISION: Chimcomplex SA Borzeºti is and will be a strong and stable organization always oriented to performance. Chimcomplex is a chemical factory which, using inorganic and organic technologies, has a flexible and balanced structure of profitable products with a wide use in a continuous by changing economy. Chimcomplex SA Borzeºti will develop friendly performant technologies for the environment and will became in ten years the most important supplier on the chemical products market from the Eastern part of Europe. Chimcomplex SA Borzeºti will permanently collaborate with its internal and external environment and will continuously adjust to the changes from these environments. Chimcomplex SA Borzeºti will encourage, develop and continuously stimulate its resource having the most value, the people. Chimcomplex will respect its clients, partners and suppliers and will always develop business with advantages for both parts. MISSION: Countinuous improvement of the financial performances and the increase of the customer’s satisfactions by using the human resources which should act in a safety care and jointly interested climate. The use of the performant technologies which insure a balance between the organizational culture and the civilization of the European environment. VALUES: - technical and managerial performance - the moral behavior and respect for people - quality of the products and processes - the attachment for the company - the concern for the environment - discipline CHIMCOMPLEX S.A. BORZEªTI LOCATION CHIMCOMPLEX S.A. Borzeºti has the headquarters in Onesti, Bacau County and is one of the most famous manufacturers of chemical products in Romania and South-East of Europe. Onesti is an important economical center from Moldavia and is situated in the depression Tazlau Caºin, at the crossing point of the Caºin, Oituz and Tazlau with Trotus Valleys. Its situation in an important crossroads and the natural richness of the area went to the economical development of this area. Oneºti is the most important town from the Trotus Valley and the second industrial center of Bacau county. It is situated at 280 km from Bucharest, 380 km from Constanþa, 130 km from Brasov and 180 km from Iasi. AREA The area of land owned by Chimcomplex is about 1,850,429,386 square meters, of which 397,459.65 square is covered with different assets. No. 1 2 3 LOGISTICS Location Onesti, 3 Industriilor street Outside Oneºti town 3 Ion Bogdan street Oradea Area (sq meters) 1.816.896,473 30.060,913 3.472 Chimcomplex SA Borzesti has immediate access to the national highways and routes and detain: 1. A waggon parks of over 300 wagons and 52 vehicles and equipments used for deliveries of products on domestic and foreign markets. Railway transport activity is carried in the permit for the operation of the railroad industry, the Authorization provider Railway, and other specific technical agreements. The handling activity on industrial rail lines and sending convoys in Bacau Borzesti train station covers a length of 23,318 meters and is supported by three railway engines of 1250 HP and two engines of 2100 HP each, authorized by Romanian Railway Authority. 2. Stainless steel tanks with a capacity of 1000 cubic meters each of them and storage stations in Constanta Port for caustic soda and trichlorethylene, which ensures fast loading of ships. 3. A double saleduct with a length of 21.4 kilometers used for the supply of brine from Salina Targu Ocna, to the electrolysis plant. UTILITIES Chimcomplex SA Borzesti has the possibility to produce in their plants and to distribute via pipeline, the following types of utilities: - steam at 13 and 15 bar pressure produced in cogeneration plant and in steam boilers; - dry compressed air - 6 bar pressure - compressed nitrogen - 2 bar pressure - natural gas - industrial water and drinking water - low electrical power (0.4 kV) and medium voltage (6 kV) produced with lowest cost in cogeneration palnt. ORGANIZATIONAL STRUCTURE CHIMCOMPLEX S.A. Borzesti has an organizational structure split in operational and functional departments, grouped on the basis functions of the enterprise. The management of the company is made by: the General Meeting of Shareholders, Board of Directors, general and executive management. GENERAL MEETING OF SHAREHOLDERS External Financial Auditor BOARD OF DIRECTORS Internal Financial Auditor GENERAL MANAGER Commercial Department Investments Department and Business Development Production Department Economical Department The organizational structure of the Chimcomplex SA Borzesti includes 4 departments: Production, Trade, Financial, Investment - Business Development. Operational departments of production, compartments that provides manufacturing and distribution utilities and electricity supply, transport and disposal of products as well as departments that ensures the necessary information management process, are structured in relation to the specificity of their designed carry on the scale of these activities. STAFF STRUCTURE Chimcomplex SA Borzesti has about 650 employees, of which: 30% technical-economicadministrative staff and 70% worker staff. The share of specialists in all technical-economicadministrative staff is 57%, they are people with higher education who perform activities that requires highly specialized professional training (technology, process engineers, system engineers, designers, analysts, referents, economists).In the category of workers - the highest percent is represented by chemists operators (53%) which ensure the plant operation, 25% of staff is represented by the workers which ensure maintenance of electrical equipment, automation and technical quality control and 22% o the staff is represented by the maintenance workers (CF transportation, fire, security agents). THE EVOLUTION OF THE NUMBER OF EMPLOYEES 1,400 1237 1,200 1001 1011 974 976 1,000 925 800 650 600 400 200 0 2003 2004 2005 2006 2007 2008 2009 AUTHORISATIONS / LICENCES Chimcomplex SA Borzesti owns a total of 80 licences of which the most important are listed below: No. TYPE OF LICENCE ISSUER 1. Operate Authorization and activity profile Municipality of Onesti ISO 9001:2000 quality management system allowed for manufacture and marketing of chemical products. Bureau Veritas Quality International 2. 3. 4. ISO 14001 environmental system managemet granted for manufacturing and marketing chemicals. ISO 17025 Accreditation Certificate for Testing Laboratory Chemicals. Bureau Veritas Quality International RENAR Bucharest 5. Laboratory Authorization to perform nondestructive examinations UT (t, g, s), MT and PT. 6. Authorization to perform nondestructive examinations specific AFER Bucharest rail products. 7. Authorization for the possession and use of products and toxic substances Ministry of Labor and Social Welfare / Ministry of Health Authorization for operating of Chimcomplex metrological laboratories (mass, pressure, flow, temperature, physicochemical) Romanian Bureau of Legal MetrologyRegional Directorate of Legal Metrology Bacau 8. 9. Notice of operation for drug precursors operations 10. Authorization for LFI exploitation for rail operation 11. Railway supplier Authorization ISCIR INSPECT Bucharest Ministry of Industry and Resources Romanian Railway Authority Bucharest Romanian Railway Authority Bucharest 12. Rail technical approval RIF Romanian Railway Authority Bucharest 13. Transport licence Romanian Road Authority-Agency Bacau INSEMEX-GANEX Authorization of design ISCIR -liquefied gas pipeline -steam pipes 14. -equipments -tanks -Boilers ENVIRONMENTAL ASPECTS Chimcomplex SA Borzesti works in the following licenses issued by the regulatory authorities: Integrated Environmental Authorization nr.1/2007 including measures plan for the compliance with environmental legislation in force, issued by the Regional Environmental Protection Agency Bacau on January 12, 2007, valid until December 31, 2012; Water management authorization nr.8/2006 (updated in 2009), issued by Romanian National Agency - Apele Romane - Siret Directorate Bacau, with stages program approved by the Ministry of Environment, valid until December 31, 2012. Authorization of emissions of greenhouse gases (EGES) nr.15/2008 (revised in 2008) issued by the Regional Environmental Protection Agency Bacau, valid for the period 2008-2012, including a plan of measures for monitoring and reporting gas emissions greenhouse /2009 approved by the National Agency for Environmental Protection, with requirement of annual updating in September. The notice of the environmental waste disposal nr.14/21.12.2006 issued by the Regional Environmental Protection Agency Bacau. The measures plan included in Integrated Environmental Authorization (which includes both full environmental obligations for restoration and monitoring quality deposit area, and program coordination of the timing of water management Authorization) consists in measures to protect the environmental factors (soil and groundwater water, air, waste management) and their estimated value is about. 150,000 Euro / year for 2009-2012 period. Chimcomplex have obligations to carry out the compliance with legal requirements. Action plan for monitoring and reporting emissions of greenhouse gases include requirements on determination and report emissions of greenhouse gases from activities of producing heat and electricity necessary to carry out production processes. Until now, environment investments, derived largely from environmental obligations assumed by Chimcomplex with licences that we have, were focused to: -the modernization of equipment which meet the requirements of BAT (the replacing of the old refrigeration unit with a new unit using ecological freons) or environmental legislation in force (modernization of final water treatment station; - new investments / works that allows the management of waste safely for humans and the environment (achievement of a proper incinerator for chlorinated organic residues, a storage building for environmentally-non-hazardous wastes; - the use of new technologies with low environmental impact, which solve both issues - the energy supply (achievement of a cogeneration plant) and also the environmental protection.For diversification of the range of products we make investments in a sulfuric acid reconcentration plant, a calcium chloride flakes installation). In the future environmental investments will be focused to complete the works to closing the waste wharehouse whose authorisation ended in 2006, respective in 2009 and for modernize the final neutralization waste water station. HYDROGEN HYDROCHLORIC ACID CHLORINE SODIUM HIPOCLORITE CAUSTIC SODA FLAKES CAUSTIC SODA SOLUTION TG. OCNA SALT MINE P R O D U C T S C H L O R O S O D I C S FLOW TECHNOLOGY RAW MATERIALS CALCIUM CHLORIDE FLAKES CALCIUM CHLORIDE ELECTRICITY STEAM WATER AIR BUTANEDIOL MALEIC ANHYDRIDE AK 1.5 NITROGEN BIOETHANOL OXYGEN NITROGEN CHLORINE HYDROGEN ACETYLENE CARBON DIOXIDE GASES SULFURIC ACID RECONCENTRATION WASTE INCINERATION WASTE WATER TREATMENT PESTICIDES CLORINATED SOLVENTS ETHYLENE DICHLOROETHANE OXYGEN GLICOL GLICOL PROPYLENE PROPYLENE POLYALUMINIUM CHLORIDE METHYLAMINE PROPENE OXIDE FERRIC CHLORIDE UTILITIES COGENERATION N-METHYL PYRROLIDONE ISOPROPYL AMINE METHYLAMINE HYDROCHLORITE TRICHLORO ETHYLENE LIME CHLORIDE PROPENE / N-BUTANE / CALCIUM CARBIDE / LIMESTONE / ALUMINA / ACETONE / METHANOL EXISTING PLANTS LIQUID OXYGEN BOTTLE OXYGEN NITROGEN HYDROGEN ACETYLENE CHLORINE CARBON DIOXIDE GASES CALCIUM CHLORIDE SOLUTION CALCIUM CHLORIDE FLAKES POLYALUMINIUM CHLORIDE FERRIC CHLORIDE LIME CHLORIDE ORGANIC PRODUCTS ALKYLAMINE TRIMETHYLAMINE MALEIC ANHYDRIDE N-METHYLPYRROLIDONE CHLORINATED SOLVENTS ETHYLENE/DICHLORETHANE PROPENOXIDE ORGANIC PRODUCTS CAUSTIC SODA SOLUTION CAUSTIC SODA FLAKES LIQUID CHLORINE HYDROCHLORIC ACID SODIUM HYPOCHLORITE HYDROGEN CHLOROSODICS OUTPUT MANUFACTURING PROCESS PRODUCT TECHNOLOGIES CHLOROSODICS PRODUCTS The globally Krupp-UHDE licence (Germany) of the 90s is based on Caustic soda 50% solution electrolysis of salt solution in the ion-exchange membrane cells. Technology Modules adjacent electrolysis units: brine purification, water generation half (Rauma license - Finland), hydrochloric acid synthesis (Sigri license - Germany), lye evaporating (Bertrams license Switzerland), drying - compression - liquefying chlorine, hydrogen Caustic soda flakes compression. The level of technical facilities licensing and related technology is comparable with world wide used technology. Chlorine Hydrochloric acid Sodium Hypochlorite Besides the electrolysis unit, the adjacent hydrogen chloride plant uses classical technology based on the reaction between hydrogen and chlorine, followed by the absorption in water of the gas product in a graphite equipment. The product is manufactured by a classical technology perfected by our specialists. The technology is based on the chlorination of caustic soda solution in a titanium equipment. The level of raw materials consum and quality of the product are the bests. INORGANIC CHLORIDES Calcium chloride solution Calcium chloride flakes Primer technology (of the '60s) was improved over the years. It is based on the reaction between limestone and hydrochloric acid solution followed by purification of the final product. A part of the obtained solution is subject to evaporation in a plant where, based on technology Bertrams, is formed calcium chloride flakes. Lime chloride Primer technology (of the '60s) has been improved over by our own efforts. The process is based on hydration of calcium oxide (lime) followed by chlorination of lime hydrate. Ferric chloride Technology is made in the 90s on our own concept (patent). Ferric chloride is obtained by dissolving iron waste in a hydrochloric acid solution, followed by chlorination of ferrous chloride solution resulted with chlorine gas. ORGANIC SOLVENTS N-methyl-2-pyrrolidone Trichloroethylene Licence dates from the '70s and belongs to Dainippon - Japan. It was perfected by the contribution of our specialists. The process is based on catalytic hydrogenation of maleic anhydride to gamma-butyrolactone, followed by condensation with monometilamina and final purification by of the finished product.. Original technology was licensed in the '70s and then was developed and perfected in several installments through our own efforts. Flow technology involves the generation of acetylene, chlorination, followed by saponification of tetrachloroethane with lime and separation by rectification of the finished product. ALCHILAMINE ALCHILAMINES Monoisopropilamine Methylamine Original licence (Leonard - USA) dating from the 70s and further developed by our specialists. The technology is based on the reaction of catalitic amination of acetone followed by the rectification of the obtained product. The manufacturing process based on a Leonard technology is based on the reaction of ammonia and methanol at high temperature and pressure in the presence of a specific catalyst, followed by separation by rectification of the three products: monomethylamine, dimethylamine, trimethylamine GASES Nitrogen Air distillation process. Hydrogen Brine electrolysis process. Oxigen Air distillation process. MARKET Through the offered products, our company is involved in the most of the national economy sectors, having over 1000 clients. The internal market clients are activating in agriculture and in the following national economy branches: energetics, chemistry and petrochemistry, cellulose and paper industry , pharmaceutics, rubber and plastics processing, metallurgy, engineering, food industry, wood and furniture industry, extractive industry. Regarding the company productive potential, the internal demand for the products manufactured by Chimcomplex was and still remains reduced, reason for which the company has directed its sales strategy towards export by developing its business relationships with the external partners. The main group of exported products is chlorosodics which covers around 75% of turnover and over 80% of export. The main external markets for these company products are: Turkey, Hungary, Bulgaria, Ukraine which hold together around 75% from the exports volume. Market share Chimcomplex SA Borzeºti share on the interval market is around 26% for the chlorosodics, 66% for the inorganic chlorides, 81% for the organic solvents and 15% for the alkylamines. CHIMCOMPLEX - DOMESTIC MARKET 2009 16% 27% 5% 5% 6% 16% 10% 15% ENERGY ENERGETICA CHEMISTRY CHIMIE AGRICULTURE AGRICULTURA CONSTRUCTION CONSTRUCTII PRELUCRAREA OIL PROCESSINGTITEIULUI CONSTRUCTII METAL BULDINGMETALICE FOOD INDUSTRY INDUSTRIA ALIMENTARA ALTELE OTHERS CHIMCOMPLEX S.A. Borzeºti worldwide presence Turkey Liquid chlorine Methylene chloride Chloroform Caustic soda flakes Trichloroethylene Bulgaria Hydrochloric acid Liquid chlorine Chloroform Feeric chloride Methylene chloride Calcium chloride Caustic soda solution Caustic soda flakes Trichloroethylene Greece Caustic soda solution Caustic soda flakes Trichloroethylene Moldova Hydrochloric acid Liquid chlorine Lime chloride Methylene chloride Sodium hypoclorite Caustic soda flakes Trichloroethylene Iran Methylene chloride Trichloroethylene India Trichloroethylene China Chloroform Trichloroethylene Canada Trichloroethylene Malaysia Isopropylamine SUA Calcium chloride Caustic soda flakes Trichloroethylene Brazil Caustic soda solution Caustic soda flakes Trichloroethylene Saudi Arabia Trichloroethylene Algeria Calcium chloride Methylene chloride Caustic soda flakes Italy Isopropylamine Caustic soda solution Caustic soda flakes Trichloroethylene South Africa Caustic soda flakes Trichloroethylene Egypt Caustic soda flakes CHIMCOMPLEX SALES - 2009 INTERMEDIATE SYNTESIS ALCHILAMINES ORGANIC SOLVENTS OTHERS PESTICIDES INORGANIC CHLORIDES CLOROSODICS PRODUCTS EXPORTS SHARE IN TURNOVER [%] 80% 72% 70% 60% 72% 71% 69% 65% 61% 55% 50% 40% 30% 20% 10% 0% 2003 2004 2005 2006 2007 2008 2009 EXPORT IN 2009 Other 21countries 12% HUNGARY 8% ALGERIA 3% BULGARIA GREECE 3% 6% ITALY 9% HOLLAND 2% UKRAINE 6% POLLAND 5% TURKEY 14% PORTUGAL 8% USA 5% SPAIN RUSSIA 5% SLOVAKIA SERBIA 3% 3% 3% MOLDOVA 5% CHIMCOMPLEX - TURNOVER 60 52 50 44 MILLION EUR 50 40 40 29 30 23 23 20 10 0 2003 2004 2005 2006 2007 2008 2009 NET PROFIT 6569 7000 EUR THOUSAND 6000 5000 3861 4000 2792 3000 1941 2000 899 992 1000 30 0 2003 2004 2005 2006 2007 2008 2009 STRATEGICAL DEVELOPMENT DIRECTIONS Strategical objectives of the company for decreassing the effects of the crisis and for future development are based on: - The obtained results consolidation by completion and utilization of now being accomplished investements; - The organization stability, which will be ensured by vertical integration of the technological flows;this objective will be achieved through the investements in new chlorine consumers technologies; - The long term development will be achieved through diversification of the production; For a more clear presentation of these directions we developed these ideas: I. In the last years Chimcomplex S.A.Borzesti achieved many investements for revamping of the infrastructure and the technologies. During the 2005 – 2009 period Chimcomplex SA Borzesti had the following achievements in the investments domain: 19290 20000 EUR THOUSAND 18000 15852 16000 14000 12000 10000 7377 8000 7832 6000 4000 2000 2365 1696 291 0 2003 2004 2005 2006 2007 2008 2009 a) Calcium chloride flakes / pellets plant The calcium chloride flakes/pellets plant, having a designed capacity of 12 000 tonnes/year flakes and 10 400 tonnes/year pellets, uses a modern technology based on Bertrams Salt Plant Ltd. licence Switzerland ( at the present SEP Salt & Evaporation Plant Ltd.) b) Residual sulphuric acid reconcentration plant The residual sulfuric acid 76-78% reconcentration plant, having a processing capacity of 3000 tonnes/year is accomplished according with the licence acquired from Bertrams Chemical Plant -Switzerland. c) Cogeneration plant The cogeneration plant is a high technological level investment being completed under TURBOMACH - Switzerland licence. The plant is simultaneously producing electrical and thermic energy and ensures the energetics efficiency increase through the outputs improvement and the fuel power potential revaluation. The cogeneration plant is designed to produce 7,5 MWh electrical power and 25,3 t/hsteam using as fuel methane gas (taken from the SNT) and the hydrogen resulted from the electrolysis plant. d) The incineration plant The organochlorinated residues incineration plant has been achieved according with a licence acquired from Michelin GmbH & Co Germany and has a processing/incineration residues capacity of 85 kg/h (~680 t/an). According with this technology, the organochlorinated liquid residues incineration, is performed in specialized equipments and makes available the chlorine under the hydrochloric acid form and the thermic energy, resulted following the combustion under the 15 bars steam form. Modernizations/Retechnologizations A) Retechnologization of the electrolysers of the electrolysis plant and the replacement of the ion exchanger membranes with new generation ones, have contributed to the increase of the energetic output, of operating life of electrolysers, of the running fiability and the power consumption with 0,05 MWh/tonne finite product; B) Chlorine liquefying plant modernization in order to reduce the power consumptions, exploitation safety increase, the reducing of losses at the consumers in the transport system of the refrigerating agent, the use of the ecological refrigerating agents and the elimination of the substances which affect the ozone layer. Thus there are obtained savings of 135.000 euro/year. C) Methylamines plant modernization Chimcomplex is a sole manufacturer of this product range in the South-Eastern part of Europe. The main effects of the Plant modernization are: the outputs integration range increase, the diversification and the production volume increase, the creation of the ulterior company development opportunities. D) The nitrogen production plant modernization contributes to the production costs decrease, the safety running increase, clients demand satisfaction and gives the possibility to fabricate and capitalize liquide oxygen and nitrogen gas. E) The optimization of the compressed air unit in order to reduce the power and the maintenance costs and to increase the equipments reliability. The obtained savings are over 100.000 euro/year. F) The modernization of the freeze plant for the chlorosodics fabrication, having an effect on the power consumption reduction, on the losses elimination of the users transport system, the safety exploitation increase, the use of the ecological refrigerating agents and the elimination of the substances which affect the ozone layer. The savings are going over 275.000 euro/year. G) The coupling to the national system of natural gases transport in order to ensure the qualitative and the technical parameters enforced by the cogeneration station. The investment contributed to the reduction of acquisition cost of methane gas with savings of over 500.000 euro/year. H) The industrial wastes warehouse improvement in order to ecologize the existing warehouse and its giving back to the natural circuit, the compliance with the European Directives stipulations in the wastes storage and administration domain., through the assumption of a responsible attitude regarding the environment, according with the environmental policy relative to the durable development. II. The stability of the company will be achieved by capacities development for chlorine processing plant. In this case we planned to increase the production capacity of following plants: - hydrochloric acid plant; - ferric chloride plant; - calcium chloride plant; and to build new plants for production of polyaluminium chloride and propylenoxyde; These investments will allow us to process 80% of chlorine production . III. Our last target referring to the diversification of production takes into consideration the construction a new maleic anhydride plant. In same time we must revamp the electrolysis plant for caustic soda and chlorine production, in order to change the old generation of ion exchange membranes with the new ones. For the accomplishment of these investements we need 50 mil EUR. Chimcomplex S.A.Borzesti’s targets for 2013 year are: - an annual turnover estimated to more than 100 mil.EUR. - minimum 10% rate of profit. - maximization of share’s value on the stock market. The planned investements for 2010-2012 period and their advantages are presented below: 1. Hydrochloric acid plant - the increase of the capacity with 20.000 to/year will have the below advantages: - processing of 7.000 to/year chlorine; - our experience in operation of this plant; - not necessary additional staff for plant operation; - the raw material are available; 2. Ferric chloride plant - the increase of the capacity to 10.000 to/year will have the below advantages: - processing of 3.000 to/year chlorine; - the product market is in expansion in Romania; - the plant can be built using the existing equipments, having low investment costs; 3. Calcium chloride plant - the increase of the capacity to 24.000 to/year due to: - processing of 7.000 to/year chlorine - the plant extension can be achieved on the existing plant; - the raw material are available in the Romanian market; - the Romanian and the external market are growing; 4. Polyaluminium chloride plant - the capacity will be of 20.000 to/year and will allow us to : - process around 5.000 to/year chlorine; - low investement cost; - sell the product, consequently the market will grow ; 5. Propyleneoxyde plant - production capacity will be 20.000 to/year and will allow us to: - consume an important part of the chlorine production; - increase the sales on the growing market for propyleneoxyde and derivatives (propylene glychol/ethers); - facilitate the supply of the raw material- propylene,due to the closeness towards Rafo Onesti; 6. Up-grade electrolysis plant - will confer us the following advantages: - improving the technical performances of the Electrolysis plant; - decreasing with 10% the energetical consumption; 7. Maleic Anhydride plant - the production capacity will be 20.000 to/year and will have the following advantages: - integration production flow with N-methylpyrolidone fabrication; - signifiant energetical contribution due to the exothermic technological process used; - position of unique Romanian producer; - facilitate the supply of the raw material- n-butane, due to the closeness towards Rafo Onesti; To achieve these planned objectives we benefit of the following resources and strategical advantages: 1. Logistics and existing facilities for chemical plants: natural gas pipelines, electric energy network, railway transport, conection road to main national network for transport, liquid products terminal in the sea port Constanta. 2. The closeness to the Salt Mine Tg Ocna, (20 km) and a modern principle of transport of salt solution based on pipelines network. 3. The neighbouring of Rafo Onesti, an extreme attractive potential supplier of propylene, nbutane and eventually, ethylene. 4. The closeness towards a part of our domestic big clients like Mittal Steel Galati, thermoelectric power station, Iasi, Bacau, Galati, Braila, Suceava etc. represents also an advantage, knowing the influence of the transport cost in the final price of the chemical products. 5. The position of unique producer in Romania for a number of products, which allows us a fine capitalization of these goods like ferric chloride, lime chloride, calcium chloride, chlorinated solvents, methyl amines etc. 6. The tradition and stability of our company beginning 1950. involved in chemical products business 7. The area of Chimcomplex S.A.Borzesti is about 180 ha and gives the possibility to build new plant. All these advantages and our experience can be offered to our potential parteners to support our investements development. This support can be achieved through: - funding of joint-ventures; - rental of our production facilities; - capital investement in shares of Chimcomplex S.A.Borzesti; - own investments in new plant production; In the same time we are very receptive to any proposals of cooperation from other partners. THE RANGE OF PRODUCTS The main products manufactured by Chimcomplex S.A. Borzesti are the following: CLOROSODICS CAUSTIC SODA SOLUTION - chemical industry in soaps, detergents, pesticides, fertilizers, bleaching agents manufacture and ions exchanger resins; - petrochemical industry, oil products refining; - wood, textile, aluminium, sugar industry; - animal coal regeneration and metals capping. CAUSTIC SODA FLAKES - different uses in chemical and petrochemical industry; - aluminium metallurgy, oils and greases industry; - sugar industry ; - rubber regeneration; - household use. SODIUM HIPOCHLORITE - bleaking agent for textiles, detergents, cellulose and paper; - oxidation processes of the organic chemical products ; - oil purification; - water and sanitation disinfection. HYDROCHLORIC ACID - chemical, metallurgic, sugar industry; - pharmaceutics industry ; - thermic stations, supply waters and thermic boilers cleaning; - ions exchange resins regeneration. LIQUID CHLORINE - chemical industry for organic and inorganic synthesis, chlorinated rubber, plastics fabrication; - pharmaceutical industry; - textile industry as a bleaching agent; - cellulose and paper industry as a bleaching agent; - petrochemistry; - metallurgic industry, in non ferrous metals extraction from the ores; - water chlorination. INORGANIC CHLORIDES CALCIUM CHLORIDE SOLUTION 30% AND 35% - chemical, paper, pharmaceutical and food industry at sugar refining; - cold technology; - construction industry as a concrete and hardening accelerator; - non ferrous metallurgy ; - controlling the dust from the roads, sports ground and mining; - roads maintenance and exploitation as a thaw agent; CALCIUM CHLORIDE FOOD GRADE Food industry: - dairy products fabrication; - ice-cream preparation; - jams, conserves and fruit cakes preparation; - meat and fish freezing conservation. TECHNICAL CALCIUM CHLORIDE - road maintenance and dust control; - cold technique; - construction; - non ferrous metallurgy ; - drying agent for gases and liquids; - roads maintenance and exploitation as a thaw agent. - concrete accelerator during the cold season; - drilling muds preparation. LIME CHLORIDE - deodorization and public hygiene disinfection agent; - bleaching agent in textile industry; - bleaching agent in paper and cellulose industry. FERRIC CHLORIDE - coagulant for the purification of the industrial and drinking water; - chemical and pharmaceutical industry; - flocculant agent for the urban waste water treatment; - corrosion agent in the electronics. ORGANIC SOLVENTS TRICHLOETHYLENE - solvent in chemical industry and cleaning and drying of the electronic pieces; - chemical synthesis intermediary; - extraction agent for oils and greases; - solvent for cold and warm degrease of the metallic pieces; - sulphur refining operation; - rubber, paints and adhesives industry. N-METHYLPIRROLYDONE - selective solvent for the acetylene separation from the cracking gases of the methane; - fabrication and purification of the high polyacrylonitrile polymers; - diluting medium for varnishes and paints; - medicines and pesticides synthesis; - stabilizer for chlorinates products; - reaction medium or catalyst in organic synthesis; - solvent for resins, waxes, mineral compound, synthetic fibres painting, selective extraction of the aromatic compound mixtures; - bleaching agent for the greases and waxes from the oil. ALKYLAMINES ISOPROPYLAMINE - corrosion inhibitor; - pesticides, dyes and pharmaceutical products fabrication. METHYLAMINES - monomethylamine: in organic synthesis for obtaining insecticides, solvents, medicines, anionic detergents, dyes emulsifiers, polymers, polymerization catalysts, vulcanization accelerator; - dimethylamine: in organic synthesis for organic emulsifiers, corrosion inhibitor, insectofungicides, solvents, medicines, ion exchangers, chemical fibres, polymers and polymerization, vulcanization accelerators, photographic substances; - trimethylamine: in organic synthesis for obtaining quaternary ammonium salts, choline chloride; Quality products for a better life, in a healthy environment! CHIMCOMPLEX S.A. BORZEªTI 3 Industriilor St., 601124-Oneºti, Bacau County Tel : +40 234-302042 Fax: +40 234-302044 www.chimcomplex.ro