THE COMPANY 7Å30ė/¶;13«7"REPORT FOR THE;"30, YEAR 2016 CONTENTS
1| THE BASIC CHARACTERISTICS 6
2| The Development of Selected Indicators 9
3| The Management Report 12
4| The Company’s Position; Research and Development 16
5| Human Resources and Communication 22
6| The Integrated Management System 27
7| Environmental Protection and Safety 29
8| The Ownership Structure of BorsodChem Zrt. 33 ZÁKLADNÍ 1| CHARAKTERISTIKA THE BASIC 1|CHARACTERISTICS
BorsodChem MCHZ, s.r.o., in its current form, continues hydrogenation lines for aniline production. Concurrently, in traditional chemical production that dates back to 1927. the company gradually discontinued the production At that time, the objective was to use the nearby source of sorbite, sulphuric acid, isopropylamine, nitrogen, oxygen, of coke gas to provide Czechoslovak production with argon, fertilisers and sodium nitrite, ammonia solution ammonia, nitric acid and artificial fertilisers before World and oxalic acid as a result of optimising the production War II, just like in surrounding European countries. portfolio.
The production in a new plant started in 1928 with After 1990, the company underwent numerous the production of ammonia and ammonia sulphate. organisational and ownership changes. The joint-stock The production programme, originally focusing on the company “Moravské chemické závody” was formed production of fertilisers, was expanded and modernised in 1990 through the transformation of the state-owned after World War II. The production of formaldehyde plant. From 1 January 1999 to 26 April 2000, Moravské and urea-formaldehyde resins was launched and the chemické závody was a branch of Aliachem a.s. The processing of hydrogen for hydrogenation was expanded. current BorsodChem MCHZ, s.r.o., was formed on 27 Gradually, the production of cyclohexanone as a basic April 2000 by a split-off of the major part of the Moravské raw material for the production of nylon was developed. chemické závody branch from Aliachem a.s. The majority The company progressed from the production of fertilisers owner of BorsodChem MCHZ, s.r.o. was BorsodChem to the production of oxalic acid. Zrt. which increased its equity shareholding in 2006 and became the sole shareholder of BorsodChem MCHZ, Production of the current significant products of the s.r.o. In February 2011, the BorsodChem acquired a new company, i.e. aniline and cyclohexylamine, began in 1962 strategic owner – Wanhua Industrial Group. when the company constructed a pilot plant for such production. In 1971, the company launched operations At present, BorsodChem MCHZ, s.r.o. is fully integrated in a new phenol formaldehyde moulding material and resin into the multinational corporations. BorsodChem MCHZ, production plant. s.r.o. owns technologies and know-how for the production of key products which is able to develop further. The The most significant investment of the company so far – licence for the aniline production technology was sold the aniline block – was put into operation in 1985. The to Japan, where two large capacity units are currently aniline block was followed by a new production plant for successfully operated. More than one tenth of the cyclohexylamine and a new production plant for specialty worldwide aniline production is produced according to the amines in 1992. The production of hydrogen underwent BorsodChem MCHZ, s.r.o. licence. a major change – the low-temperature fission of coke gas was replaced by production using the steam power At present, the company is focusing on strengthening reforming of natural gas. Gradually, the aniline production its raw material relationships in the BorsodChem group capacity was increased to 165 kt per year, which was in accordance with the strategic plan of the investment enabled by the construction of another modern unit group to strengthen its position on the polyurethane of steam power reforming, an adiabatic nitrobenzene market. Concurrently, it keeps and develops a portfolio production unit and the construction of two modernised of small-scale special amine chemistry products.
6 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 7 THE DEVELOPMENT OF SELECTED 2|INDICATORS
ECONOMIC RESULTS
unit 2011 2012 2013 2014 2015 2016
thousand Total assets EUR 117,371 121,216 121,438 130,762 124,454 129,409 thousand Total revenues EUR 188,872 208,202 211,339 230,318 187,919 175,570 Earnings before interest, taxes, thousand depreciation and amortisation EUR 10,587 9,158 12,771 19,272 22,422 23,743 (EBITDA) Earnings before interest and taxes thousand 3,759 5,585 6,675 13,038 16,502 17,744 (EBIT) EUR thousand Profit before tax (PBT) EUR 1,338 3,939 5,112 13,047 16,001 16,484 thousand Profit after tax (PAT) EUR 963 3,071 4,004 10,535 13,075 13,192
SELECTED INDICATORS OF FINANCIAL ANALYSIS
unit 2012 2013 2014 2015 2016
EBIT/SALES % 2.77 3.39 6.14 9.23 10.25
EBITDA/SALES % 5.91 6.58 8.76 12.45 13.64
ROE % 7.28 8.01 20.48 33.94 32.20
ROCE % 6.56 7.85 14.68 17.25 16.92
DEBT/EQUITY* 0.43 0.45 0.39 0.97 0.90
LIQUIDITY 1.90 2.34 2.65 3.05 0.86
* Payables controlling entity / Equity
Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 9 Zpráva vedení 3|sp olečnosti registration. Projects aimed at increasing the reliability Outlook for 2017 of production units, reducing the material intensity in THE MANAGEMENT production, increasing storage capacities, improving The plan for 2017 is based on a similar sales portfolio of logistics conditions in the company premises, as well as the company as in previous years. Sales of concentrated increasing production capacities for specialty amines and nitric acid to the parent company are not expected, it REPORT dicyclohexylamine most significantly contributed to the will only be produced for our own consumption. As in overall volume of expenditure. There were also projects 2016, we are expecting the maximum utilisation of aniline |FOR 2016 aimed at improving safety in the company premises. production capacities with the production volumes of other main products at similar levels as in 2016. The sales 3 Starting in 2013, our company was included in the second of aniline, dicyclohexylamine, diethyl oxalate and special phase of emission trading. The Ministry approved the amines are planned at the level of maximum production In 2016, the profit before tax of our company, a strongly For financing, the company needed working capital company's emission plan based on the values of previous capacity utilisation. Sales of cyclohexylamine are expected export-oriented company, reached EUR 16.5 million. lower by EUR 5.1 million compared to last year, mainly years and consequently also the reduction coefficient for to be at a similar or slightly lower level than in 2016. The entire year of 2016 was a stable period of lower due a decrease in inventory by EUR 2.7 million. The level the allocation of free allowances. After the implementation
oil prices in global markets and also a period of rather of short-term trade receivables was very similar to last of investment projects aimed at reducing N2O emissions, In accordance with the investment policy of the holding, low, but gradually rising inflation in advanced European year's level. We recorded a slight year-on-year increase our company has a sufficient amount of these allowances new investment projects are planned to be implemented economies. Low oil prices in global markets prevented of EUR 0.5 million. Short-term trade payables increased without the need to purchase additional allowances prior in 2017. They include mainly the continuation of the an increase in prices of raw materials and the prices of slightly, specifically by EUR 2.9 million, due to the rising to submission. project aimed at reducing natural gas consumption in energy correlated to those of oil. The general economic input prices towards the end of the year. The balance hydrogen production, improving safety in the company situation in Europe was affected by two important political of advances received from customers increased year- premises and the reliability of production units, the waste aspects - the decision of the residents of the United on-year by EUR 0.6 million. They were paid for sales of water management system, improving our sales flexibility Kingdom in a referendum to leave the European Union goods that were not delivered to customers before the towards customers by increasing the cyclohexylamine and the expectations associated with the U.S. presidential end of the year. The balance of cash in bank accounts, storage capacities and increasing production capacities election. The permanently significantly stronger value of which is primarily related to the aforementioned payment in the specialty amines production area. Preparations for USD compared to other major currencies is an important of dividends, dropped by EUR 0.5 million year-on-year. the implementation of the largest future investment aimed factor. The operating profit of the company reached EUR On the contrary, the balance of receivables from the at improving the reliability of nitrobenzene production 17.7 million with total sales of EUR 175.6 million, which is parent company increased by EUR 7.1 million. This value will begin. Environmental protection projects aimed at EUR 12.5 million less than last year. Compared to last year, is largely represented by the balance in the cash-pooling further reductions in emissions, mainly odours, and at the the operating profit was substantially better, specifically by account at the end of the calendar year. cleanliness of waste water are also planned. EUR 1.2 million, which is 8% if expressed as a percentage. A decline in prices of raw materials and the volume of In January of last year, the entire BorsodChem Group sales prices that are largely dependent on them can be was refinanced under better financial and non-financial considered the main factors that influenced the lower terms than offered by the original loan. Subsequently, amount of sales compared to last year despite similar BorsodChem MCHZ, s.r.o. took out a loan from its parent sales in terms of volume. Throughout 2016, the amount of company, which was used to refinance the original sales, not only of the main company products aniline and loan, but at a reduced interest rate compared to the cyclohexylamine, reached nearly the level of the maximum original rate. In 2016, loan instalments were not paid in possible production capacity utilisation. Year-on-year, the accordance with the loan. The first instalment will be sales of all main products increased or were at a level paid in January of next year. The level of interest rates very similar to last year's level. The profitability of most of is already at similar levels as last year. Despite that, the the main products was at a higher level compared to last interest expenses increased by EUR 0.2 million mainly year. The constant pressure on reducing costs and efforts due to a higher balance of loans compared to last year. In to look for other savings in production and administrative 2016, the BorsodChem Group EUR cash-pooling system costs of the company, as well as to look for new, cost- was already fully used. Overall, the financial situation was effective suppliers of raw materials, energy and services stable throughout the year, and there were no problems was reflected in the positive results of the company. with the financing of operating needs of the company or with payments from suppliers. The positive financial result for 2016 led to an increase in equity compared to last year. Overall, year-on-year, the Capital expenditures in 2016 reached EUR 6.8 million. value of equity increased by EUR 3.2 million despite the These capital expenditures also included those payout of dividends from last year's profit. that were incurred in connection with the REACH
12 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 13
THE COMPANY’S 4|POSITION
BorsodChem MCHZ, s.r.o., produces and sells The major portion of sales consists of the sales of the predominantly organic chemical products and in smaller company’s principle product, aniline, which represented amounts also inorganic products. It ranks among approximately 3/4 of the sales. A considerable portion the leading producers of amines, specifically aniline, of the aniline production in 2016 was intended for supplies cyclohexylamine, dicyclohexylamine and several special to the parent company located in Hungary for the follow-up amines. The portfolio of inorganic products supplied production of MDI. to the market includes hydrogen and concentrated nitric acid. A complementary product of the company is diethyl The portfolio of customers purchasing aniline, oxalate. cyclohexylamine, dicyclohexylamine, diethyl oxalate and special amines represents the company’s traditional Sales of products and services in 2016 amounted customers with the potential for further growth, as well to 175.0 million EUR, of which the value supplies as newly-attracted customers. Goods are shipped to all for export from sales of sold products amounted global markets. to 165.5 million EUR. The use of the capacities of all production lines reached the maximum possible level.
71 % 69 %
5 % Share Export 1 % of products 1 % sales 1 % in export by country 2 % sales in 2016 2 % in 2016 14 % 2 % 2 % 4 % 2 % 3 % 1 % 3 % 3 % 8 % 6 %
71 % aniline 69 % Hungary 2 % Netherlands 8 % specialty amines 6 % uSA 2 % Switzerland 1 % concentrated nitric acid 3 % Spain 1 % Japan 2 % diethyl oxalate 3 % germany 1 % India 4 % dicyclohexylamine 3 % Indonesia 1 % Belgium 14 % cyclohexylamine 2 % Russia 5 % Others 2 % Italy
16 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 17 In respect of special amines, more than 50% of sales localisation of the consumer base – i.e. the production boilers. The predominant application of cyclohexylamine RESEARCH AND DEVELOPMENT relate to the sales of polyurethane catalysers, which are of polyurethane substances, rubber chemicals, water in South-Eastern Asia is for the production of artificial intended for the processing segment of PU foams as well treatment chemicals and cyclamates is located outside sweeteners (cyclamates). The research and development activities focus on special as methyl-diphenyl-isocyanate (MDI) produced by the of the Czech Republic. amine chemistry. The research and development centre parent company. The production of various types of special chemical (e.g. deals with technology problems in the production DESCRIPTION OF KEY PRODUCTS corrosion inhibitors) and also rubber accelerators and the of simulations and analysis of technological processes SALES TO FOREIGN CUSTOMERS use in the lubricant and oil segment are major applications by laboratory testing and the support of development Aniline is the product generating the predominant portion of dicyclohexylamine. of new technological procedures on the operational scale, Almost the entire production of BorsodChem MCHZ, s.r.o. of the company’s sales. It is widely used and serves as the as well as launching new products for the expansion of the is intended for export in the long-term. The proportion basic substance for the production of MDI, i.e. an original Special amines (dimetylcyclohexylamine, current product portfolio. In cooperation with employees of sales from exports accounts for 97% of the aggregate semi-finished product in the production of polyurethane pentametyldietylentriamine and dimetylbenzylamine) are from the Wanhua and BorsodChem PU development sales of own products. Aniline, cyclohexylamine, substances that have are used predominantly in the used as part of catalyst systems in the production of tough centres, polyurethane catalysts are newly tested during the dicyclohexylamine, diethyl oxalate and special amines are automotive, construction, textile, shoe, and furniture and semi-tough polyurethane substances. Other produced preparation of polymer foams. predominantly exported to European markets; however, the industries. In addition, aniline is successfully used special amines are used for example in the foundry proportion of exports outside of Europe continues to grow. as a semi-finished product for the production of rubber industry (ColdBox method), production of agrochemicals, Laboratories are equipped with testing batch autoclaves The company achieved a significant market share on two chemicals, specifically for vulcanisation accelerators pharmaceutical intermediate products or in the production and continuous flow reactors and distillation columns; overseas markets – the USA and Asia (Japan, Indonesia) – and anti-degradants. Marginally, aniline is used in the of organic dyes. for the development of new technologies, similar devices mainly with cyclohexylamine and dicyclohexylamine. production of dyes, pharmaceuticals and other chemical in the semi-plant size are used. In addition, modern analytic substances. The product portfolio of special amines is continuously technology is available. SALES TO LOCAL CUSTOMERS expanded. In 2015, the additions included a catalyst Cyclohexylamine produced by the company from used in the foundry industry Dimethylpropylamine and The research and development centre utilises the potential Sales of products on the local market account for only 3% aniline, is used in Europe and the USA predominantly for the polyurethane catalyst Triazinecat, and in 2016 the of the academic sector. In collaboration with the Institute of the aggregate sales. As compared to export markets, the production of rubber chemicals as a vulcanisation polyurethane catalyst Dimethylaminoethoxyethanol. In of Chemical Technology, Prague, the centre is involved the consumption of the products of BorsodChem MCHZ, accelerator and it is used as one of the chemical the same year, the preparation of the blended PU catalysts in special projects, such as the development of new s.r.o. in the Czech Republic is very small. The reason is the substances for the treatment of feed water of steam Blendcat PMDETA 20 and Blendcat DMCHA 50 was catalyst systems and technology relating to the production commenced. of special amines. Optimisations of operating parameters of established production processes and calculation Diethyl oxalate is supplied primarily for the production modelling of important technological junctions are also of agrochemical products. However, sales for other carried out. In cooperation with the University of Mining – applications (pharmacy, dyes etc.) are on a gradual Technical University in Ostrava, efforts to establish the increase. causes of catalyst deactivation in operating reactors are under way.
As part of another activity performed in cooperation with the University of Mining – Technical University in Ostrava and Chemoprojekt Praha, the testing reactor for the development of catalysts for the liquidation of nitrogen oxides arising from the production of nitric acid is operated on the premises of our company. BorsodChem MCHZ, s.r.o. provides the necessary energy and reaction media for the operation of this reactor.
18 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 19
HUMAN RESOURCES AND 5|COMMUNICATION
In terms of human resources, the Company succeeded in ensuring a sufficient number of employees and maintaining their professional qualities in 2016. The number of job positions corresponded with the need to cover all business processes and the extent of using production capacities. Attention was predominantly given to the targeted improvement of quality and structure optimisation in selected sections, satisfying the current and Internal and external communication also forms part organised in 2015, informing the participants about the future staffing needs of the firm and continuous staffing of human resources. This division is responsible for company’s development and the forthcoming intentions of vacant positions. the preparation of materials on the company’s identity in the area of environmental protection and the operation and unified visual style and also plays an important role safety of the company’s facilities. In 2016, the Company also continued to strengthen the in addressing crisis situations. All employees are regularly qualifications of new and current employees and ensure informed about forthcoming or implemented changes, adequate replacement of retiring employees across the positions of chemists working in production, the Company operating results and the company’s future intentions and Company. Education and development of employees also sought to fill technical-economic positions, which plans. remain one of our top priorities. The vacant position were occupied by qualified external candidates. The of chemists were primarily filled with applicants with educational activities as part of the project for increasing We constantly seek to maintain and establish a positive secondary education in chemistry; last year, however, the flexibility of the employees primarily occupying the image of our company as well as to fulfil particular our Company was forced to reflect the changing labour positions of operators continued on a regular, routine forms of cooperation with individual external entities. market and the insufficient number of candidates, which basis. We permanently cooperate with the neighbouring resulted in the fact that some of the positions were filled municipalities, predominantly by supporting their with candidates having tolerable education. Besides the cultural and social activities. As in previous years, a meeting of the company’s management with the representatives of the nearest municipalities was also
Regular sponsorship activities of the Company include the support of the activities of the Heyrovsky Secondary School of Chemistry and the High-School in Ostrava- Zábřeh, which are considered the seedbed of young chemists. The company is fully aware of the significance of gaining young talents; therefore, our financial support is also aimed at this target group, as we sponsor the regional professional training of young, talented chemists. We also participate in a popular event called “Chemistry at the Castle,” in cooperation with regional universities.
22 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 23 In 2016, the fourth annual country-wide finals of the Average recalculated headcount (persons) competition entitled “Search for the Best Young Chemist” was organised, continuously increasing in size 516 407 373 358 355 350 351 355 358 358 and gaining more prestige under the auspices of the 510 Association of Chemical Industry of the Czech Republic. 480 Along with our partner, the Heyrovsky Secondary School 450 of Chemistry, the Company was not only involved in the 420 organisation and announcement of the results of the 390 competition’s regional round but also invited the finalists 360 from the Moravian-Silesian Region and their teachers 330 to the Company’s premises and provided them with 300 an additional reward. This event will become one of the 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Company’s top sponsorship priorities in the future.
The 2016/2017 season continues to see our Company Average monthly salary development (in CZK) work closely with the Janáček Philharmonic Orchestra in Ostrava. Other events sponsored by the Company 26,263 28,202 27,063 29,296 28,815 28,949 30,477 30,981 30,996 33,338 include Silesian Days of Preventive Medicine organised 34,000 by the Regional Hygienic Station of the Moravian-Silesian 33,000 Region. As part of a voluntary agreement with the Ministry 32,000 of the Environment of the Czech Republic signed in 2011, 31,000 the company provided a financial contribution to curative 30,000 stays of children from the Moravian-Silesian Region, as in 29,000 previous years. In 2016, the Company also contributed the 28,000 same amount to the Fund of Endangered Children from the 27,000 Moravian-Silesian Region. 26,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Proportion of value added per employee (in CZK thousand) All of the above-mentioned activities that are part of the long-term communication policy show that the Company 1,327 550 1,323 1,759 1,382 1,327 1,621 2,197 2,310 2,462 11 % is fully aware of its role as a production chemical company 3,000 and also as a major responsible firm operating in the 2,000 19 % Moravian Silesian region. 1,000 900 800 28 % language training 700 Structure 42 % Professional training of educational 600 expenses 28 % 19 % Statutory training 500 11 % Education of key employees 400 42 % 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
24 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 25 THE INTEGRATED MANAGEMENT 6|SYSTEM
In 2016, BorsodChem MCHZ, s.r.o. maintained and further procedures, fewer physical inspections of the goods and developed the integrated management system which includes preferential customs clearance. This certificate is granted the quality management system, the environmental system, to reliable, financially-stable companies that comply with the safety system and the energy management system. customs requirements, prove solvency, have a satisfactory and transparent accounting and logistics system, and comply The quality management system, the environmental system with safety standards in the long term. and the energy management system are certified by LRQA according to the ČSN EN ISO 9001:2009, ČSN EN ISO 14001:2005 and ČSN EN ISO 50001:2011 system norms.
In April, October and November 2016 the LRQA certification organisation conducted three supervisory audits of QMS, EMS and EnMS, which confirmed compliance with ISO standards in the respective systems, non-conformity was found, and the integrated management system’s certificate continues to be effective until October 2017 and the EnMS certificate until November 2018.
The safety system is reviewed by the State Labour Inspection Integrated Management EnMS certificate Office pursuant to the ČSN OHSAS 18001:2008 system norm. System certificate
The integrated management system covers the whole company, and includes 100% of the company’s production in terms of sales of products.
In April 2016, the Company organised a meeting of the Health and Safety Environment Committee of the Czech Association of Chemical Industry. The meeting was attended by 52 representatives from among 38 organisations.
In October 2016, the Czech Accreditation Institute performed a regular supervisory check in respect of the technical Accreditation certificate control department’s Section S laboratory, which confirmed compliance with the ČSN EN ISO /IEC 17025:2005 system norm. The certificate is valid through July 2020.
Since 2011, the company has held a prestigious Authorised Economic Operator certificate – its highest-level Simplified customs procedures/Safety and security award. The certification offers a number of advantages arising primarily from the simplification and acceleration of customs Authorised Economic Operator certificate
Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 27 ENVIRONMENTAL PROTECTION 7|AND SAFETY
The environmental protection and the protection In terms of the implementation of the EU emissions of occupational safety and health are some of the trading system (EU ETS), the company met all legislative Company’s top priorities. requirements and created favourable conditions for successful trading with emission allowances for For the results in the reported areas, the Company has greenhouse emission in the third trading period from 2013 held the “Responsible Care – Responsible Business to 2020. Activities in Chemistry” certificate since 1998. The last recertification occurred in September 2016, the certificate In compliance with the requirement regarding the “ongoing is valid until October 2020. improvement” of the management system, the company incurred approximately 55% of the aggregate capital costs The company’s long-term effort to provide a balance in environmental protection and improvements in safety, between the economic, environmental and social levels including fire protection and occupational safety and was rewarded in 2006 by the Board of Directors of the health protection in 2016. Association of the Chemical Industry of the Czech Republic: as the first Czech company, BorsodChem MCHZ, s.r.o. received the “Sustainable Development Certificate”. Based on its compliance with the requirements for the safety and health protection management system (OHSAS 18001), which also involves system environmental protection, fire protection and prevention of serious accidents, the company was repeatedly awarded the “Safe Plant” certificate in 2014, valid until May 2017. In late 2016, the Company re-applied with the State Labour Inspection Office for its renewal.
All production technologies of the Company are comparable to the best available technologies (BAT) and have received valid integrated licences. The established emission limits for air pollutants and water pollutants are adhered to.
In compliance with European legislation in the area of chemicals – the REACH Guideline – 18 products of the Company were registered at the European Chemicals Agency in Helsinki in 2010–2016. An essential part The company took preventive measures leading of the registration was the Chemical Safety Report which to a decrease in the emissions of pollutants into the defines the safety conditions for the production and the atmosphere, a decrease in raw material and energy subsequent use of products as substances pursuant demands, and further improvements of the process safety to REACH. of the technologies in use.
Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 29 Consumption and discharge of water Indicators of work accident rate from/to the river Odra per relevant production unit 25 18 600 20 16 15 14 10 12 400 5 10 0 8 m3 / t of production 1995 2005 2015 2016 6 200 4 consumption discharge 2 number of work accidents
0 number of sick-pay days 0 1995 2005 2015 2016
Indicators of pollution of waste waters discharged rate of work accidents: number of newly occurring work accidents per 100 employees to the river Odra per relevant production unit frequency of accidents: number of newly occurring work accidents per 1 million work hours 1 number of work accidents frequency of accidents rate of work accidents 0.8 – number of sick-pay days 0.6 0.4 0.2 0 kg / t of production 1995 2005 2015 2016
chemical oxygen demand biological oxygen demand ammonium ions
Emissions of selected pollutants discharged into atmosphere per relevant production unit 2 1.5 1 0.5 0 kg / t of production 1995 2005 2015 2016
Responsible Care certificate Safe Enterprise certificate nitrogen oxides organic substances
Waste generation per relevant production unit 16 12 8 4 0 kg of waste/ t of production 1995 2005 2015 2016
Relevant production = production with a decisive impact on generation of waste Sustainable Development certificate Waste generation = generation of waste from production activities during the monitored period.
30 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 31 THE OWNERSHIP STRUCTURE OF THE 8|BORSODCHEM GROUP
First Chemical Holding Vagyonkezelő Kft.
BorsodChem Zrt.
BorsodChem MCHZ, s.r.o. Petrochemia Blachownia S.A. (Czech Republic) (Polsko) BC Zrt. share 100 % BC Zrt. share 100 %
BorsodChem MDI Termelő Kft. BC-Energiakereskedő Kft. (Hungary) (Hungary) BC Zrt. share 100 % BC Zrt. share 100 %
BorsodChem Yantai Company ltd. BC ERŐMŰ Kft. (China) (Hungary) BC Zrt. share 100 % BC Zrt. share 100 %
BC – KC FORMALIN Kft. Polimer Szolgáltató Kft. (Hungary) (Hungary) BC Zrt. share 66,67 % BC Zrt. share 100 %
BorsodChem Italia s.r.l (Italy) BC Zrt. share 100 %
BC Italia share 1 % WBLA Brazil Ltda. (Brazil) BC Zrt. share 99 % Company BorsodChem MCHZ, s.r.o. doesn´t own any organizational units abroad.
Borsodchem MCHZ, s.r.o., OSTRAVA, THE COMPANY REPORT FOR THE YEAR 2016 33 BorsodChem MCHZ, s.r.o. Member of Wanhua – BorsodChem Group
Chemická 2039/1 709 00 Ostrava – Mariánské Hory Czech Republic
Company ID No.: 26019388 Incorporated on the 15th December 1999 in the Commercial Register of the Regional Court in Ostrava, Section C, File 22763. www.borsodchem-cz.com
© 2017, Ademark s.r.o.