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Heavy Industries Renaissance RHI WE BUILD TRUST RENAISSANCE HEAVY INDUSTRIES ON-LINE CATALOGUE 2 0 1 6 - 2 0 1 7 www.rhi.ronesans.com www.rhi.ronesans.com 2016 THE GROUP LIST OF CONTENTS 2017 IN BRIEF RHI OVERVIEW. RHI HighlightS 5 Renaissance Heavy Industries, or RHI (in Turkish, Rönesans Endüstri Tesis- leri Insaat ve Ticaret A.S.), is a subsid- CHALLENGE iary of RC Rönesans Insaat Taahhüt VALUE CHAIN EXPANSION A.Ş., which is the construction branch 15 of Rönesans Holding. ENGINEERING PROCUREMENT Rönesans Holding and its consolidat- CONSTRUCTION Challenge ed subsidiaries and joint ventures are organized to cover several different operating sectors: Construction, Edu- COMMITMENT cation, Real Estate Investment, Power CORPORATE AND SOCIAL RESPONSIBILITY Generation, and Healthcare. In 2011, SUSTAINABILITY the Group made the strategic decision to establish an independent industrial QUALITY MANAGEMENT 20 division: Renaissance Heavy Indus- HSE MANAGEMENT tries. LOCAL CONTENT Commitment In cooperation with its sister com- HUMAN RESOURCES AND TRAINING panies and through strategic part- nerships with several of the world’s major companies, RHI specializes in 27 construction services and EPC for in- dustrial projects in the following mar- kets: Hydrocarbons, Power, Metallurgy and Mining, and Process Plants. 42 48 Trust 54 SAMPLE RENAISSANCE CONSTRUCTION PROJETS 67 CONTACTS 3 DR. ERMAN ILIcaK Founder and President Rönesans Holding This year we are celebrating the 23rd anniversary has been that our employees are committed, of“ our group. Each year the group shows steady loyal, knowledgeable, and ambitious within growth and expands its horizons, pursuing ever their specialties. RHI has an outstanding team greater challenges on the way to becoming the of professionals who have completed many leading EPC contractor. high-profile projects around the world. Indeed, a great organization that is focused on the right In 2011, we made the strategic decision to separate objectives. heavy industry activities into a new company and started investing in this new establishment: Renaissance Heavy Industries (RHI). The reasons Finally, I would like to conclude by for creating RHI were numerous, and included increasing demand and proposals from oil, gas, paying a heartfelt tribute to our and petrochemical clients and EPC contractors. more than 40.000 employees and to the professional way they deliver We have achieved much during this period. The company was awarded projects in all the high-quality solutions to our clients. sectors we are targeting: hydrocarbons, power, metallurgy and mining, and process plants. RHI has also been represented in each of our core markets: CIS, the Middle East, and Africa. Currently, the company is making great efforts to further extend this cooperation to the construction of industrial plants and infrastructure projects in Asia, Europe, and Africa. To that strategic end, in 2015 we decided to establish a representative office in Japan. Our most important goal, which we have achieved, has been to earn the loyalty and trust of our clients and to fully guarantee the protection of the lives and health of our employees. I would like to thank Alptekin Tizer, Chairman of the Board of RHI, and his team for these achievements. A very important success factor 4 ALPTEKIN TİzER President and Chairman of the Board Renaissance Heavy Industries Dear“ friends, The year 2015 was another record year for RHI. of its kind outside Belfort, France. The +6FA tur- my gratitude goes out to all our employees and It was a hard year with a challenging global bine has an output of 77.1 MW. We also com- our management for their continuous endeavors environment, an uncertain financial situation, pleted EPC of a 23 MW power plant, including to achieve these excellent results. But none of shrinking construction markets, and decreased two boilers with 100 m3/h each, for the Mary this would be possible without our clients and Capex investments by clients with increased fertilizer project. A significant milestone is the EP partners, each of which we highly appreciate price consciousness. Despite all these challenges, signing of an EPC contract for a 432 MW Zerger for their trust. Last, but not least, I thank all our we were able to improve all our key performance power plant in Turkmenistan. In this project, RHI suppliers and subcontractors for their commit- indicators in 2015: is providing project finance jointly with Sumito- ment to RHI. mo Corporation. We are awaiting completion of • Backlog rose 108 percent financial closure in 2016. We have successfully completed five years, and our small baby has grown to become an impor- to $2,759 M USD, In the metallurgy and mining sector, significant tant international player. But as we grow, our am- • Revenue increased progress was achieved on NLMK’s Sotilenskiy GOK bitions and challenges are also growing. I strongly by 147 percent to $495 M USD 6 mtpa iron ore beneficiation plant, which we will believe that with the foundation we have poured complete in 2016, and new contracts were signed in these five years, and our solid organization, we demonstrate that the values of challenge, com- In 2015, all our segments developed in accord- for the Norilsk Nickel Bistrinsky GOK 3 project in mitment, and trust, combined with strong work, ance with RHI’s strategic growth plan, thereby Russia’s Far East and Eurochem Usolsky Potash quality, reliability, and superb engineering and providing a strong foundation for the future. Plant in Perm Region, Russia. project management skills, RHI is breaking new ground, on our way to implementing our vision In our biggest segment, hydrocarbons, we were In 2016, we will focus on the successful execu- of “ever advancing to become the world’s leading able to further strengthen our market-leader po- tion of projects in our portfolio and will also lay industrial designer and builder.” sition and set significant benchmarks for the in- the foundation for extensive expansion into new dustry. The company signed four new contracts markets. with Yamal LNG Plant, Kiyanlı Ethane Cracker and Polypropylene/Polyethylene Plant, Ovadan- Just recently, on April 1, 2016, we celebrated our tepe Gas-to-Gasoline Plant, and Sibur ZapSib-2 fifth anniversary as RHI. In growing our compa- Tobolsk Ethylene Cracker Unit (ECU) Plant. ny, we adhere to the principles of Dr. Ilıcak, which he laid at the foundations of Rönesans Holding. In the power sector, RHI has completed the test bench plant for General Electric’s +6FA turbine Our over 15,000 employees, and their strong and gas compressor station, including paint shop commitment to our values, have made RHI “the and full EPC, in Rybinsk, Russia. The client was industry’s first choice.” They deliver, every day, Russian Gas Turbines. This plant is the only one work that has made our lives much easier, and 5 RHI OVERVIEW CORPORATE STRATEGY GEOGRAPHICAL PRESENCE RHI IN 2016 CORPORATE STRUCTURE IFC-RÖNESANS PATRTNERSHIP RHI FINANCIAL DATA ACQUISITIONS AND PATRTNERSHIPS OF RÖNESANS HOLDING RANKINGS & AWARDS RÖNESANS HOLDING KEY FIGURES LEADERSHIP 6 CORPORATE STRATEGY VISION CHALLENGE “Ever advancing to become the world’s leading industrial We work to create the highest value on time designer and builder.” and within budget basis on the most challenging projects Key Words: creativity, initiative, excellence, local knowledge, effi- ciency, added value, profitability, dynamism, continuous improve- Mission ment, adaptation. Our mission is to grow in an atmosphere of mutual trust, loyalty, and friendship. We aim to preserve our profile of being a dynamic company that accomplishes the tasks it undertakes within the opti- mum budget and with outstanding success in quality and meeting COMMITMENT deadlines; to be a company whose involvement is desired by clients; to grow in a sustainable way, to bring prosperity to our sharehold- alues We do not compromise on what is important V ers, employees, partners, and the regional economies we work with; to us and our clients and to go above and beyond the client`s expectations, so that we can keep on proudly saying that “WE BUILD TRUST.” OUR Key Words: sustainability, integrity, ethics, quality, health safety environment, reputation, environment, social responsibility, collec- tive wisdom. core Values TRUST RHI is a value-driven organization. We grow on the foundation of our values, which we summarize as challenge, commitment, and trust. We grow together with partners Key Words: win–win growth, customer satisfaction, new horizons, communication, trust in people, flexibility, respect, support to subcontractor and suppliers. 7 GEOGRAPHICAL PRESENCE Belgium Algeria Malaysia 8 1 1 Gas-to-Gasoline Plant and Linde Azot Togliatti Ammonia & Hydrogen Plant were decided winners in Rönesans Work Safety Performance Awards 2 The Modification works and 3rd Boiler Installation of Ammonia and Urea Plant was completed on an EPC basis (Mary, Turkmenistan) 2016 3 Turkmenhimiya Sulphuric Acid Plant (Turkmenabat, Turkmenistan) was completed ahead of schedule 4 Lukoil VGO Deep Conversion Complex was completed (Volgograd region, Russia) IN 5 RHI celebrated its 5th year of business 6 One of the world’s largest pelletizing facilities SGOK was completed (Stary Oskol, Russia) 7 New office with a fabrication yard was opend in Rotterdam, Netherlands 8 RHI opened its first scaffolding education center RHI 2 3 4 5 6 7 8 9 CORPORATE STRUCTURE Rönesans Holding is organized as a group of companies with a diversified structure, both geographi- cally and sector-wise. Each of these companies have their own cycles of growth and maturity, unique corporate culture, and a depth of management that supports autonomy and competition across a variety of markets. 10 CORPORATE STRUCTURE RENAIssANCE CONSTRUCTION RENAIssANCE HEALTHCARE CONSTRUCTION (in Turkish, RC Rönesans İnşaat Taahhüt A.Ş.) is the parent company for all entities operating as This company is the construction company of the Renaissance Group in the health sector, and has its contractors under Renaissance’s brand. Renaissance’s business entities are formed according to the own portfolio of investments.
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