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Hengyuan Refining Company Berhad Case Study

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Hengyuan Refining Company Berhad (HRC)
Hengyuan Refining Company Berhad (HRC) is operated in refining, manufacturing, and sell petroleum products in Malaysia. HRC was formerly known as Shell Refining Company Berhad and changed its name into Hengyuan Refining Company Berhad in March 2017, and it is also a subsidiary of Malaysia Hengyuan International Limited. The company was established in 1960 and is based on Port Dickson, Malaysia. HRC began their operations in 1963 with a single crude distiller operating at a capacity of 20,000 barrels per day, but nowadays they are able to produce the capacity of 120,000 barrels per days and make the company become the second largest refining company in Malaysia. HRC has always emphasized on developing and cultivate their team. HRC will also place talent as their main …show more content…
The purpose of CSR is to drive change towards sustainability, and it involves in incurring the short-term cost that does not provide financial benefit towards the company. In September 2016, PETRONITA in collaboration with PETRONAS organized the Orchid Run and Ride. The objective of the event is to provide a healthy lifestyle towards the society. The event was successful and able to raise about RM240,000 for the host of charities and the proceeds were channelled to Institute Jantung Negara (IJN), Institute of Ear, Hearing and Speech (HEARS) and National Autism Society of Malaysia (NASOM). Besides, PETRONAS established numerous education programmes and learning institute for the society. In 2016, PETRONAS established Program Sentuhan Ilmu PETRONAS (PSIP) towards to the society. The programme objective is to implant learning interest and motivation among students to stay in school while promoting interest in Science and Technology at the early

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