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Lowest loss for Petromidia, no accidental spills – KMG report

5 August 2019
Bogdan Tudorache

Petromidia Refinery, KMG International Group’s main asset in Romania recorded its lowest technological loss in history, along with its lowest energy intensity index- 96.1% and highest energy efficiency – 2.97 GJ/mt, reveals the company’s sustainability report for 2018. Vega Refinery, despite operational peaks, managed to reach its lowest technological loss – 0.93% wt and its lowest energy consumption ever recorded – 2.43 GJ/mt. On a correspondingly positive note, the Group’s Petrochemical Division also improved its energy consumption, recording an energy efficiency index of 18.1 GJ/mt, down by 0.6 GJ/mt compared to 2017, as well as technological losses of 2.2% wt in 2018, 0.5% lower than the previous year.

Companies in the Group’s Retail and Trading business units followed the same trend in terms of environmental efficiency. Rompetrol Downstream, KMG International’s retail division that includes the Group’s network of gas stations and warehouses, exceeded its 1% targets for water and energy usage by 1.95% and 2.90% respectively.

No accidental spills or grievances were recorded in 2018, and the CO2 emissions for the Refining Business Unit (Petromidia and Vega platforms, along with the Petrochemical Division) decreased by 1.4% compared to the previous year. In terms of safety, due to the 100% Safety program and over 30,000 hours of health & safety training carried out (6.84 average training hours per employee), the absenteeism rate dropped from 2.54% to 1.97%.

Sustainability highlights for KMG International throughout 2018

  • 4 million USD invested in environment protection activities
  • 89.6 % waste recovery rate for Petromidia Refinery
  • 1 million USD investment in community projects in Romania only
  • Promoter of diversity: 5,000 headcount, 17 different nationalities

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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