L industrie Parapétrolière

L industrie Parapétrolière

Company Presentation

Key Information Heurtey Petrochem SA (France) & Petro-Chem Development Co., Inc. (USA) Heurtey & Petro-Chem Group World largest independent group Specialized in design & fabrication of Process Fired Heaters Industry of Hydrocarbon Processing 500 highly qualified engineers and technicians 13 000 collective references 9 affiliates worldwide Presence in 25 countries Heurtey & Petro-Chem Group

Group History Acquisition of 100% of Petro-Chem Development (New York) IFP acquires 35% of our share capital Creation of Heurtey Petrochem Rus in St-Petersburg Award of the «Innovative Company» label by OSEO Innovation Nomination to the «Prix de l Audace Créatrice» Heurtey Petrochem SA creates in Romania a Joint Venture called Beta-Heurtey, for manufacturing heaters. The company enters the stock market and increases its share capital up to 10 024 235 by the end of the year. Heurtey Petrochem celebrates its jubilee. In November that same year, Heurtey Petrochem s capital raises to 2 350 198, owned by M. Michel Pingeot and the management (52%), Gemmes Ventures (28%) and the Crédit Lyonnais (20%). Heurtey Petrochem India is created in Mumbai Heurtey Petrochem Engineering historical contract : PETROKEMYA. 10 Millisecond pyrolisis fired heaters are sold to Saudi Arabia. On M. Michel Pingeot s initiative, Heurtey Petrochem Engineering SA is created together with Sofresid. Heurtey Petrochem SA is sold to Stein Surface Group. The shares owned by Kvaerner in Kvaerner Heurtey are purchased by the Management, allocated with a capital risk company. Heurtey Petrochem France SA is reviving. The Heurtey Petrochem Romania subsidiary is created. Further to the buy-out of the Sofresid Group by Kvaerner, Heurtey Petrochem Engineering becomes Kvaerner Heurtey (France) SA The Romanian drafting office performs its first designs as a branch office. Heurtey SA becomes a holding company controlling a new company : Heurtey Petrochem SA. Heurtey SA. creates a heater division after acquiring the licence from Petro-Chem Development's licence.

Corporate Current Share Capital 10 658 835,12 Shareholding (September 2008) Turnover evolution (M ) 200 Management & employees Limpe family 1,57% 9,39% 180 160 140 CAPE 2,37% Gemmes Venture Floating 47,56% 4,11% 120 100 80 60 Turnov er IFP Investments 35% 40 20 0 2004 2006 2008 (forecast)

Group Structure Heurtey & Petro-Chem Group Head Office - France USA INDIA ROMANIA KOREA SOUTH AFRICA GERMANY SINGAPORE RUSSIA Petro-Chem Development Co., Inc. NEW YORK TULSA HOUSTON FULL SERVICES Heurtey Petrochem India Private Ltd. MUMBAI FULL SERVICES Heurtey Petrochem Romania Srl. BUCHAREST FULL SERVICES Petro-Chem Korea Co., Inc. SEOUL FULL SERVICES Heurtey Petrochem South Africa (PTY) Ltd. JOHANNESBURG FULL SERVICES Heurtey Petrochem Gmbh HAMBURG SALES OFFICE Heurtey Petrochem Asia PTE Ltd. SINGAPORE PROJECT EXECUTION OFFICE Heurtey Petrochem Rus. RUSSIA FULL SERVICES Petro-Chem India PUNE JV BETA-HEURTEY BUZAU DRAFTING OFFICE FABRICATION WORKSHOPS Heurtey & Petro-Chem Group

International Presence Heurtey Petrochem Rus. Saint-Petersburg, Russia 15 permanent employees Heurtey Petrochem GmbH Hamburg, Germany 2 permanent employees HQ Heurtey Petrochem Vincennes, France 90 permanent employees Heurtey Petrochem Romania Bucharest, Romania 30 permanent employees Beta-Heurtey Fabrication Facilities Buzau, Romania 220 permanent employees Petro-Chem Korea Co., Ltd. Seoul, Korea 18 permanent employees Petro-Chem Development New York, Houston, Tulsa, USA 72 permanent employees Petro-Chem India Pune, India 14 permanent employees Group Headquarters Group Affiliates Partnerships Agents and local representatives Heurtey Petrochem South Africa Johannesburg, South Africa 5 permanent employees Heurtey Petrochem India Private Ltd. Mumbai, India 61 permanent employees Heurtey Petrochem Asia Singapore

Prefabrication & Modularisation

Prefabrication & Modularisation Delivery of convection and radiant sections in prefabricated modules

Prefabrication & Modularisation Delivery of fully modularised furnaces

Environment Protection

Reduction of Emissions - Noise Abatement Reduction of emissions to atmosphere goes through heater design parameters, burner technology (Low NOx techniques) and flue gas cleaning. Noise abatement goes through burner technology, rotary machines technology and firebox concept. Low NOx Radiant type Low NOx Stage gas type DeNox Reactor Heurtey & Petro-Chem Group

The P2R Unit P2R Unit Petroleum Residue Recycling Unit Innovative process for valorising ship slops New concept for preventing marine oil pollution UPSTREAM WATER TREATMENT SLOPS STORAGE HEATER LIGHT CUT Brings ecological and economic solution to seaports, industries and ship owners SIDE CUT (HGO) Participates actively to the reduction of marine pollution risk Compliance with the Marpol Convention DISTILLATION COLUMN HEAVY CUT (HFO) TREATED WATER DOWNSTREAM WATER TREATMENT Heurtey & Petro-Chem Group

The P2R Unit Easy exploitation & maintenance Self feeding, low energical consumption Reduced operating staff Standardised compact unit (floor area = 150 m² & less than 10 000 m² for storage) Quality of fabrication in accordance with international standards in force Shop preassembled on skids Low investment, quick payback Emissions and discharging in full accordance with international standards in force Heurtey & Petro-Chem Group

Recent Realisations

Major Project Illustrations

AIR LIQUIDE - Belgium SCOPE Jupiter Project : supply of 1 Steam Reformer. PROCESS DESIGN SPECIFICATIONS CONVECTION - Horizontal RADIATION Box vertical double firing multicells DUTY 215,6 MW / 232 tubes FUEL TYPE Fuel gas BURNER TYPE Forced draft DESIGN Haldor Topsoe

TOTAL GONFREVILLE - France SCOPE Supply and site erection of a modularised steam superheater. Prefabrication in Thessaloniki, Greece, sea transportation to Gonfreville Refinery.

CAPC - Indonesia SCOPE Furnace expansion project, supply and erection of a Steam Cracker. PROCESS DESIGN SPECIFICATIONS CONVECTION - Horizontal RADIATION Cabin Horizontal DESIGN - KBR

EXXONMOBIL CHEMICAL - Singapore On 17th of September 2008 has been inaugurated a yard of 65 000 m² at Sattahip port (Thaïland) where Heurtey Petrochem associated with Mitsui Engineering & Shipbuilding, will assembly 7 steam cracking furnaces fully modularised (2 300 tons each 48 meters high) to be shipped at the beginning of 2010 to the ethylene plant of ExxonMobil Chemical at Singapore. Sattahip, Thaïland Jurong, Singapore

Les clés de notre succès Haute expertise technique Esprit d entreprise et audace Grande capacité à innover (pour preuve, nous avons été nominés en Septembre 2008 pour le prix de l audace créatrice et avons reçu le label «Entreprise Innovante» de l organisme OSEO Innovation) Une équipe soudée et ambitieuse Une bonne gestion

Thank you for your attention Group Heurtey & Petro-Chem