src.com.sg Reviews

Singapore Refining Company Private Limited (SRC) is a joint venture between Singapore Petroleum Company Limited and Chevron Singapore Pte. Ltd. It is located on Jurong Island, which is the petrochemical hub of Singapore. SRC operates a refinery capable of processing 290,000 barrels of crude oil per day. The primary products of the refinery are fuel products and chemical feedstocks, which are distributed to domestic and overseas export markets under the brand labels of its shareholders.

Key Information about SRC:

1. Business Operations: SRC’s business operations are focused on refining crude oil to produce fuel products and chemical feedstocks. These products are then supplied to both domestic and international markets.

2. Manufacturing Capability & Facilities: The company has invested significantly in waste reduction, pollution and emission control, and energy conservation. This demonstrates a commitment to environmental responsibility and sustainability.

3. Safety & Loss Prevention: Safety is a critical aspect of SRC’s operations. The company emphasizes compliance with safety and process safety requirements for all employees and contractors at every level.

4. Quality Commitment: SRC is dedicated to ensuring the quality of its products and services meets customer requirements and achieves customer satisfaction.

5. Corporate Structure: The organization is structured into key functional areas, including operations, commercial, reliability and maintenance, process safety and technical, project development and engineering, health, safety, environment and quality, finance and administration, human resources, and procurement and warehouse operations.

6. Corporate Culture: SRC emphasizes a corporate culture that values safety, reliability, customer satisfaction, business orientation, teamwork, employee recognition and development, pride and ownership in work, and continuous improvement.

7. Business Conduct and Ethics: The company has a Business Conduct and Ethics Code that outlines principles for conducting business with honesty, integrity, and mutual respect. SRC is committed to upholding the highest standards of business conduct and ethics in its relationships with business partners, the community, and regulatory agencies.

8. Sustainable Relationships: SRC seeks to build sustainable relationships with its business associates based on high-performance standards, trust, openness, and mutual benefit.

9. Whistleblowing Policy: The company has a whistleblowing policy to address known or potential violations or concerns related to the Business Conduct and Ethics Code.

10. Code of Conduct: The Code of Conduct is available for download, emphasizing transparency and accountability in business practices.

Overall, the information provided on the SRC website presents the company as a reputable and responsible player in the oil refining industry. Its focus on safety, environmental responsibility, and ethical business conduct aligns with industry standards and best practices. The company’s long-standing presence and joint venture with established entities like Singapore Petroleum Company Limited and Chevron Singapore Pte. Ltd. further support its credibility in the industry.”

the reasons behind this review :
Reputable joint venture between Singapore Petroleum Company Limited and Chevron Singapore Pte. Ltd.

Location on Jurong Island, the petrochemical hub of Singapore, enhances its industry presence and credibility.

Operates a refinery capable of processing 290,000 barrels of crude oil per day, demonstrating significant production capacity.

Focus on producing fuel products and chemical feedstocks for domestic and international markets under the brand labels of its shareholders.

Investment in waste reduction, pollution and emission control, and energy conservation reflects a commitment to environmental responsibility and sustainability.

Emphasis on safety and compliance with safety and process safety requirements for all employees and contractors at every level.

Commitment to ensuring the quality of products and services meets customer requirements and achieves customer satisfaction.

Structured organization with key functional areas, highlighting a systematic approach to business operations.

Corporate culture values safety, reliability, customer satisfaction, business orientation, teamwork, and continuous improvement.

Business Conduct and Ethics Code emphasizes honesty, integrity, and mutual respect in business activities.

Commitment to upholding the highest standards of business conduct and ethics in relationships with business partners, the community, and regulatory agencies.

Seeking sustainable relationships with business associates based on high-performance standards, trust, and mutual benefit.

Whistleblowing policy in place to address known or potential violations or concerns related to the Business Conduct and Ethics Code.

Availability of the Code of Conduct for download, promoting transparency and accountability in business practices.

Long-standing presence and joint venture with established entities support credibility in the industry.