Rompetrol Rafinare signs safety consulting contract with DuPont

Constanta, Romania, 15 June 2006 - Rompetrol Rafinare signed a safety consulting contract with DuPont, confirming the The Rompetrol Group’s (TRG) commitment to achieve safety excellence across its operations and to build a solid foundation for operating discipline.

TRG is committed to continue its journey towards reaching the goal of “zero accidents” through best-in-class safety management practices. To accelerate this process and make it sustainable, the Group contracted DuPont, a leader in safety management, to assess the effectiveness of its Organisational Health & Safety (OH&S) management systems at the Petromidia facilities in Constanta in April 2006.

Following the pre-assessment, Rompetrol initiated a partnership with DuPont Safety Resources. The project is to be completed by the end of 2006 and will be implemented across the eight TRG companies located at the Petromidia site: Rompetrol Rafinare, Rompetrol Petrochemicals, Rominserv, Rompetrol Logistics, Rompetrol Industrial Parks, GSS, Ecomaster and Rompetrol Quality Control.

Joint DuPont and Rompetrol teams will identify ways to set the foundations for a world class safety culture and processes for safety management. This will require that each Rompetrol employee becomes actively engaged in reducing the risk of incidents across Rompetrol´s operations.

Rompetrol has made significant investments in state-of-the-art technologies, and has implemented an efficient workplace safety program. Following these actions the number of major accidents at Rompetrol Rafinare or any of the other TRG companies has been significantly reduced in the past two years.
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Rompetrol Rafinare, the main Romanian subsidiary of TRG reported last year a consolidated turnover of $2.15 billion and a net profit of $73.8 million. The refinery, one of the top plants in the Black Sea region and Eastern and Central Europe, sells a large variety of products, all of them being in compliance with the quality and environmental standards of the European Union. The main markets are Romania, Bulgaria, Turkey, Georgia, Moldova, Hungary, Croatia, Bosnia, Albania and Western Europe.

 The Rompetrol Group N.V. is a multinational oil company headquartered in The Netherlands, operating in 12 countries, and with the majority of its assets and operations based in France, Romania, Spain, and South-East Europe. The group is active primarily in refining and marketing/downstream, with additional operations in exploration and production, and other oil industry services such as drilling, EPCM, transportation, etc. With a staff of more than 8,000 employees, TRG estimates gross revenues of about $5 billion this year. TRG aims to become one of the largest independent oil companies in Europe and obtain a strong position in the Black Sea and Mediterranean areas.
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DuPont is a leading science company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries with 60’000 employees, DuPont had a turnover of US$ 26.6 billion in 2005. DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.

DuPont Safety Resources provides consulting services to a comprehensive array of multinational corporations representing critical industries, such as energy, aerospace, food, surface transportation and healthcare. Specializing in two distinct areas of expertise, workplace safety and operational excellence, DuPont provides over two centuries of accumulated intellectual capital to each project, helping leading-edge companies gain sustainable improvements in insurance and operating costs, productivity, quality, company reputation and employee morale.

DuPont was recently awarded the 2006 Green Cross Safety Medal awarded by the US National Safety Council for corporate excellence in Safety.
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