RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST

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RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
ON-LINE CATALOGUE

                    APRIL 2016

  WE BUILD TRUST

RENAISSANCE
HEAVY INDUSTRIES
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
LIST OF CONTENTS
MESSAGE FROM HOLDING’S FOUNDER
PRESIDENT’S MESSAGES

1. RHI OVERVIEW................................................................... 5
1.1. RHI MISSION, VISION AND VALUES...................................... 6
1.2. CORPORATE STRATEGY ........................................................ 7
1.3. HISTORY.................................................................................. 8
1.4. KEY FIGURES..........................................................................		   10
1.5. ORGANIZATIONAL STRUCTURE............................................. 11
1.6. SENIOR LEADERSHIP TEAM.................................................. 12
1.7. GEORGRAPHIC PRESENCE..................................................... 13
1.8. STRATEGIC PARTNERSHIP..................................................... 14

2. OUR SERVICES...................................................................           15
2.1. ENGINEERING.........................................................................    16
2.2. LOGISTIC AND PROCUREMENT.............................................                   17
2.3. FABRICATION..........................................................................   18
2.4. CONSTRUCTION......................................................................      19
3. SUSTAINABLE DEVELOPMENT............................................ 20
3.1. QUALITY MANAGEMENT........................................................ 22
3.2. HSE MANAGEMENT................................................................ 23
3.3. LOCAL COMMUNITIES SUPPORT........................................... 24
3.4. HR MANAGEMENT................................................................. 25

4. PROJECT PORTFOLIO......................................................... 26
4.1. HYDROCARBONS.................................................................... 27
4.2. POWER ..................................................................................
                                                                                             37
4.3. METALLURGY & MINING........................................................		           41
4.4. PROCESS PLANTS.................................................................. 45

CONTACTS............................................................................... 55
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
Dr. Erman ILICAK
MESSAGE FROM HOLDING’S FOUNDER                                                                             Founder and President
                                                                                                           Rönesans Holding

Dear friends,                                          Now our responsibilities are greater than they
                                                       were before. We should be more careful and work
Happy 22nd                                             with more respect, not only considering ourselves
                                                       and our loved ones, but also thousands of people
                                                                                                                            TO MARCH ON
Anniversary!                                           who entrust us with their loved ones and their
                                                       children and look to Renaissance as a model.                          To march on;

Renaissance was established in 1993, in order                                                                             leaving behind the
                                                       All of the fairy tales in our culture start with
to challenge other companies in the contracting                                                                             ones that can’t,
                                                       the saying, “First, we made small steps; then we
industry which did not consider clients’ needs,
                                                       went further, crossing rivers and hills, and we                    like empty streets,
did not pay attention to employees, and often
                                                       covered a very short distance”. Really, we have
failed to accomplish their responsibilities on time,                                                                    splitting the air in half
                                                       made continuous progress for over twenty two
due to benefiting from brand value, vast variety
                                                       years, but there is still a very long road ahead.                 looking into darkness
of equipment, assets, and experience.
                                                       I’m sure many of you who know us wonder,                        like the bore of a Mauser
Over the course of time, many of my friends, like
                                                       “Where will this road end?”                                          to march on!..
myself, knew in their hearts that they could do
                                                       “Spring is beautiful when all the flowers
better, but failed to seize the opportunity and                                                                              To march on;
                                                       blossom,” said V.I. Lenin.
became involved in this movement of change.
Subsequently, our clients who are all very special                                                                       feeling the shoulders
                                                       For us this road will end when all the
to us and believe that they deserve a better                                                                       of your mates by your shoulder,
                                                       flowers blossom, in other words: when
service for their money took a risk, and gave us a
                                                       the children living in countries where                        sticking your neck out there
chance to initiate changes that we are committed
                                                       we work enjoy the same opportunities
to despite our size and inexperience.                                                                              carrying your heart in your fists.
                                                       as our colleagues’ children and the
                                                       children from the most developed                                      To march on!
Hundreds of times we have proved to ourselves
                                                       countries in the world.
and others that when we trust each other, work                                                                               To march on;
side by side and follow the right path, we can
                                                       As we move forward, we continue to                             knowing they are waiting
achieve success. For over twenty two years, we
                                                       change, question, and walk further by
have transformed into a giant world competitor                                                                         in ambush on your path,
                                                       working more without compromising
consisting of 36,000 employees working in 19
                                                       our main principles of honesty and                             to tackle you from behind,
countries; all thanks to our clients, who took a
                                                       competitiveness. I would like to
risk, gave us a chance and believed in us, as well                                                                          to march on...
                                                       conclude my letter this year the
as your self-sacrifice.
                                                       same way I did last year with a poem                                  To march on;
                                                       which I believe tells our story in the
Today, in many parts of the world people are                                                                               from your heart
                                                       best way through the works by the
talking about Renaissance’s story which was
                                                       great Nazım Hikmet Ran; a Turkish                                       laughing
written with the knowledge, tears, sweat, and
                                                       poet who spent most of his life in
blood during many hard days and sleepless                                                                                   to march on...
                                                       Russia just like many of my friends
nights. Those who know us well or not very well
                                                       who have contributed greatly to the                                     poem by
are proud of us and use us as an example to
                                                       success of this company.
their children.                                                                                                             Nazım Hikmet
                                                       Take care!
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
PRESIDENT’S MESSAGES
Dear Friends,                                         of a true EPC Company with innovative engineer-       in cooperation with Technip, have allowed us to    us to view the future with a sense of optimism.
                                                      ing solutions, and professional teams utilizing       bid for and successfully secure the contract for
When we founded Renaissance Heavy Industries          the latest and the most sophisticated software        the construction of an ethylene plant at Zaps-     As part of the Renaissance Group, we possess a
back in 2011, we were taking our first steps into     solutions.                                            ibNefteKhim, with a capacity of 1.5 mtpa. As       boundless energy to keep our dreams aloft.
the heavy industry sector.                                                                                  with TobolskNefteKhim and Rusvinyl,
                                                      Our site-based training centers are one of the key    ZapsibNefteKhim is another subsidi-
Today, at the beginning of 2015, we can proudly       initiatives of the company, and reflect our deter-    ary of the petrochemical giant Sibur.
state that RHI has become a prodigious company;       mination to challenge industry conventions and        Returning business and referrals by
certainly one of the crown jewels of Rönesans         our commitment to support local communities.          our clients are the cornerstones of
Holding.                                              We tackle skill shortages in local construction in-   our success.
                                                      dustries by establishing skilled worker training
The company has seen phenomenal growth, and           centers for welders, pipe fitters and other trades.   Our most important achievement
outstanding performance in bringing about this                                                              is that we are building trust
growth.                                               Whilst employing and training local staff or hir-     with our Clients and EPC Part-
                                                      ing subcontractors, we continue to instill the val-   ners, which in turn is reflected
What truly makes us proud is not the impres-          ues of the company at every opportunity, and          in the form of new contract
sive annual turnover or backlog. The fact that        employ effective techniques in training them and      awards and a solid backlog.
we have managed to create a solid organization        monitoring HSE performance.
with dedicated professionals – that is what we                                                              We believe in the importance
consider our greatest achievement. We are in the      It is with a sense of pride that we have success-     of cooperation and I would
people business, and so what we really have as        fully completed and commissioned a large-scale        like to thank our Japanese
our primary asset is our people, and the key to       ammonia and urea fertilizer plant in Mary, Turk-      partners, Mitsubishi Heavy
our success is the dedication of the workforce,       menistan in 2014; achieved through employing          Industries and Sojitz Corpo-
right from the bottom up.                             and training the local workforce. In terms of the     ration, as well as the Span-
                                                      workforce, we reached over 80% localization; well     ish firm Tecnicas Reunidas,
Renaissance group started as a small company          above the regulatory requirements.                    for their trust.
with just four employees back in 1993. It has
been the dedication of our employees and strict       Having the knowledge and experience to conduct        Solid financial performance of
adherence to our principal corporate values that      works through the most time efficient and cost        the projects we tackle allows us
have paved the road to our success.                   effective approach, and with a maximum amount         to continuously reinvest assets
                                                      of local input, has been critical to our success.     that enhance our technical ca-
RHI is a value-driven organization. Our success       This has been proven at the Mary Fertilizer Plant,    pability.
can only be built upon the foundation of our core     and has been instrumental in securing the award
values: Challenge, Commitment, and Trust.             for an EPC Turnkey construction project for the       Today, against a background of
                                                      state-of-the-art Gas-to-Gasoline Plant in Akhal       low oil prices and looming eco-                               Alptekin TIZER
As the company continues to grow, so does our         Velayat, which we are building in consortium          nomic crises, the sector is facing                            President and Chairman of the Board
capability, enabling us to tackle projects that       with Kawasaki Heavy Industries.                       difficult times, with many clients                            Renaissance Heavy Industries
present even greater challenges. Recognizing                                                                freezing or cancelling potential
that engineering is the critical element of success   Similarly, our accomplishments at and successful      investment projects. However, our
for any EPC company, RHI is constantly investing      completion of the Tobolsk- NefteKhim Polypro-         achievements over the last few
in engineering capability. Today we are travers-      pylene plant, built in cooperation with Linde En-     years, together with our proven
ing new frontiers, laying down the foundations        gineering, as well as the Rusvinyl PVC plant built    and dedicated team still permits
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
Ren a issa n c e Heav y In d u st ri e s – “ RHI”     generation, health and education.In 2011, the
(In Turkish: Rönesans Endüstri Tesisleri Insaat ve    Group made the strategic decision to establish
Ticaret A.S.) is a subsidiary of RC Rönesans Insaat   an independent industrial division - Renaissance
Taahhüt A.S., which is the construction branch        Heavy Industries. In cooperation with its sister

                                                                                                         1.
of Rönesans Holding. Rönesans Holding and its         companies and through strategic partnerships,
consolidated subsidiaries and joint ventures are      RHI specializes in construction services and EPC
organized to cover different operating sectors:       (Engineering, Procurement and Construction)
construction, real estate investment, power           projects.

                                                                                                         RHI
                                                                                                         OVERVIEW
                                                                                                         1.1.   RHI MISSION, VISION AND VALUES
                                                                                                         1.2.   CORPORATE STRATEGY
                                                                                                         1.3.   HISTORY
                                                                                                         1.4.   KEY FIGURES
                                                                                                         1.5.   ORGANIZATIONAL STRUCTURE
                                                                                                         1.6.   SENIOR LEADERSHIP TEAM
                                                                                                         1.7.   GEORGRAPHIC PRESENCE
                                                                                                         1.8.   STRATEGIC PARTNERSHIP
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
1.1. RHI MISSION, VISION AND VALUES
                    vision                                                               challenge
                    Always advancing to become the world’s leading                       We passionately work to create the highest value within a
                    industrial designer & builder.                                       competitive time frame and budget on the most challenging
                                                                                         projects.

                                                                                         Key Words: Creativity, Initiative, Excellence, Local Knowledge,
                                                                                         Efficiency, Added Value, Profitability, Dynamism, Continuous
                                                                                         Improvement, Adaptation.

                    mission                                                              commitment

                                                                            our values
                    Our mission is to grow in an atmosphere of mutual                    We do not compromise on what is important to us.
                    trust, loyalty and friendship. We aim to preserve our
                    profile of being a dynamic company that accom-                       Key Words: Sustainability, Integrity, Ethics, Quality, Safety,
                    plishes the tasks it undertakes within the optimum                   Reputation, Environment, Social Responsibility, Collective
                    budget and with outstanding success in quality and                   Wisdom.
                    meeting deadlines; to be a company whose involve-
                    ment is desired by clients.

                                                                                         trust
OUR TARGET - to grow in a sustainable way, to bring pros-                                We grow together with partners.
perity to our shareholders, employees, partners and the re-
gional economies we work with; to go above and beyond the                                Key Words: Win – Win growth, Customer Satisfaction,
                                                                                         New Horizons, Communication, Trust in People, Flexibility,
client`s expectations, so that we can keep on proudly saying                             Respect, Support to Subcontractor and Suppliers.
that “WE BUILD TRUST”.

                                                                                                                                                          6
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
1.2. CORPORATE STRATEGY
VALUE CHAIN EXPANSION
RHI is dedicated to persistently expand its value chain from Feasibility to Engineering, from Procurement to Construction. In order to do so:
• we are recruiting professionals to enhance our expertise in key business areas.
• we are planning to further improve our technical competitiveness by securing core technologies through strategic acquisitions and/or strategic alliances.

                                            feasibility                        engineering                        procurement

                                                                                                                                                     construction

                                           revamping                            operation                         comissioning
                                         and expansion                     and maintanence
                                                                                                                                                                    7
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
1.3. HISTORY OF CORPORATION
Since 2006 Renaissance has been listed in ENR (Engineering News Records) 225 Top International
Contractor’s List where it keeps its stong position within top 100 companies.                                               #37 in Top 250 international
                                                                                                                            contractors List                                  2015
                                                                                                                            #83 in TOP 250 Global
                                                                                                                            Contractors List

         Foundation of Renaissance
         Construcion by Dr. Erman Ilicak in                                                                                                • Renaissance office opened
         St.Petersburg, Russia.                                              Regional office opened                                        in Aknara, Turkey
                                                                             in Moscow, Russia                                             • The year turnover reached USD 1 billion

    1993                                1999                               2000                       2001                               2006                                2007

                                              Renaissance becomes one of                                Renaissance Development                                                Rönesans Energy A.S.
                                              the leading construction                                  was founded                                                            (company for energy
                                              groups in Russia                                                                                                                 investments)
                                                                                                                                                                               was established

        Renaissance started business
        activities in North Africa                                                                                                          Rönesans college, the first
        and Middle East                                                      Operations started                                             college with LEED Certificate,
                                                                             in Azerbaijan                                                  started operations

    2008                               2009                                2010                       2012                               2013                                2015

                                                                                                                                                                                Acquisition of
                                              • Renaissance acquired Austrian                            Rönesans Healthcare                                                    Heitkamp Ingenieur-
                                              PORR A.G. and formed a 50/50 JV                            Investments started operating                                          und Kraftwerksbau
                                              for realization of infrastructure                                                                                                 GmbH.
                                              projects
                                              • The Rönesans Educational Founda-
                                              tion was established

                                                                                                                                                                                                      8
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
1.3. Renaissance Heavy Industries History

                                                                             RHI Insaat Sanayi ve Ticaret A.S.
                        April 01, 2011 Renaissance                           Regional office opened in Maputo,
                        Heavy Industries was                                 Mozambique
                        established

                     2011                            2012                 2014                         2015

                                                        Regional branch                                     Regional offices opened in Astana,
                                                        office opened                                       Kazakhstan and Yokohama, Japan
                                                        in Moscow,
                                                        Russia

 2011                                                                                                                                            2015

  Istanbul, Turkey                                                                                                                        Yokohama, Japan
                                                                                                                                                            9
RENAISSANCE HEAVY INDUSTRIES - WE BUILD TRUST
1.4. KEY FIGURES

REVENUES (IN USD MILLION)                                BACKLOG (IN USD MILLION)

  HYDROCARBONs                     METALLURGY & MINING     HYDROCARBONs                    METALLURGY & MINING
  POWER                            PROCESS PLANTS          POWER                           PROCESS PLANTS

                                           2016 TARGET                                              2016 TARGET

                                            850                                                     3000
                                    495                                                     2759
                            348                                                     1326
                                              575
                                                                                                      2362
                  232                393                                    711
                            269                                                     1051     2222
          201                                                298 285
                   195                                                       557
                             6
    53                       5
                                     80
                                              272
                                                                                     183               331
                                                                             18
           201     36                 8                       298     285            7
                                                                                              531
     53                      64                                              136                       136
                    1                14        3                                     85

   2011    2012   2013      2014    2015    2016             2011    2012   2013    2014     2015    2016

                                                                                                                  10
1.5. ORGANIZATIONAL STRUCTURE
Rönesans Holding is organized as a group of companies with a diversified structure like the industries   RC Rönesans Insaat Taahhüt A.S. is the            REC Qatar
and economies they operated in.                                                                          parent company for all entities operating as      This company overlooks the activities in Qatar.
                                                                                                         contractors under the Renaissance’s brand.
Each of them have their own cycles of growth and maturity, unique corporate culture and a depth of       Renaissance’s business entities are formed        Renaissance Healthcare Investment
management that supports autonomy and competition across a variety of markets.                                                                             This company is the construction company
                                                                                                         according to the business area and regions
                                                                                                         of activity.                                      of the Renaissance Group in the health sec-
                                                                                                                                                           tor with portfolio of own investments. They
                                                                                                         Renaissance Heavy Industries                      will build City Hospitals and Health Cam-
                                                                                                         RHI is an independent industrial division of      puses, Physical Therapy and Rehabilitation,
                                                                                                         Rönesans Holding, operating in all areas for      Psychiatry Hospitals, and High Security Fo-
                                                                                                         oil and gas, power, petrochemical, metal-         rensic Psychiatric Hospitals across all Tur-
                                            • HEAVY INDUSTRIES                                                                                             key with total bed capacity of 6,800 with
                                                                                                         lurgy and mining and process plants. While
                                            • GENERAL BUILDING                                           operating, the company can cooperate with         a built-up area of approximately 1,800,000
                                            • INFRASTRUCTURE                                             relevant sister company.                          m² and they shall operate together with the
      CONSTRUCTION                                                                                                                                         Ministry of Health for a period of 25 years.
                                                                                                         Renaissance Construction                          City Healthcare PPP programme constitutes
                                                                                                         Company operates in Russia, maintaining           an important milestone in the major trans-
                                                                                                         its flagship position within the group. This      formation of Turkey`s healthcare sector that
                                                                                                         company specializes in general construction       is aimed to facilitate access to healthcare
                                                                                                         and special buildings. Operations in Russia       services for a larger part of population.
                                                                                                         started in 1993.
                                            • ENERGY                                                                                                       Renaissance Technic
                                            • REAL ESTATE                                                Renaissance MEA                                   This company is very dynamic and imple-
                                                                                                         This company is fast-growing and is un-           ments numerous Real Estate projects such
      DEVELOPMENT                           • HEALTH                                                     dertaking intensive expansion plans to be         as Office Buildings, Hotels, Shopping Centers
      & INVESTMENT
                                                                                                         strongly represented across the Middle East       and Governmental Buildings in the home
                                                                                                         and Africa. Currently, this division has activ-   market, both for investment projects of the
                                                                                                         ities in Iraq, Libya, Nigeria, Tanzania, Gabon    Renaissance Group and for third parties. Ef-
                                                                                                         and Ghana. RHI has already started activi-        ficient cooperation with investment branch-
                                                                                                         ties in Iraq with the EPC Power plant that        es of Rönesans Holding has resulted in fi-
                                                                                                         will be carried out jointly with Renaissance      nancial synergy for the whole group.
                                                                                                         MEA. Jointly with this company, RHI has also
                                            • EDUATIONAL FOUNDATION                                      carried out feasibility studies for fertilizer    REC International
                                              TED RÖNESANS COLLEGE                                       plants in Iraq and Nigeria and is looking for     This company cooperates with TOKI (Turkish
                                                                                                         opportunities to develop a greater presence       Government Housing Administration),espe-
      EDUCATION
                                                                                                         in this strategic area.                           cially for the construction of public social
                                                                                                                                                           housing and other government buildings.

                                                                                                                                                                                                       11
1.6. SENIOR LEADERSHIP TEAM

Rüstem Safak                 Koray Gürman                 Alptekin Tizer                   Ahmed Abdullaev             Nuri Celal Toroglu
CFO                          Vice President - CEO /       President -                      Vice President - Business   General Manager
                             Turkmenistan                 Chairman of the Board            Development

               Kadir Gökçe               Kaan Alkan          Mustafa Kemal Özakay                       Hakan Malta       Seymur Ibrahimov
                       COO               Vice President    Senior Vice President - CEO /                       COO /      Vice President - CCO /
                                                                                 Russia                       Russia                     Russia

                                                                                                                                                   12
1.7. GEORGRAPHIC PRESENCE
Growing in emerging markets,
prioritizing areas with major
hydrocarbon reserves

                                                                                                                 1

                                                                                                                            2
                 PROACTIVE                                                                                                                            OPPORTUNISTIC
                                                                                               4                     6     2                              FOCUS
                   FOCUS
                                                                                                        5
                                                                                                                                                            BELARUS
                   1. RUSSIA                                           3
                                                                                                                                                            UKRAINE
               2. KAZAKHSTAN                                                                                                                                GEORGIA
                  3. ALGERIA                                                                                                                              UZBEKISTAN
                  4. TURKEY                                                                                                                                  GABON
                    5. IRAQ                                                                                                                                 NIGERIA
              6. TURKMENISTAN                                                                                                                              TANZANIA
               7. MOZABMIQUE                                                                        7                                                        KENYA
                                                                                                                                                          CAMEROON
                                                                                                                                                              GANA

RHI’s core markets include Turkey, Russia, Turkmenistan, Kazakhstan, Mozambique and Iraq.          of trust built up with clients and partners over the years through many projects. Taking
These are regions where RHI has accumulated a strong record of successful projects. RHI and        advantage of the knowledge and experience of sister companies, we are rapidly ramping up
sister companies have deep, diversified operations and are well-rooted here. RHI is actively       activities to be able to meet the increasing capital investment needs of these areas.
trying to capture orders in core markets with growth potential, based on the relationship

                                                                                                                                                                                        13
1.8. STRATEGIC PARTNERSHIP
                                                                                                       BUILDING
  Collaboration with international partners is an essential part of our growth strategy.               TRUST
  Strategic partnership builds on our competitive power enabling us to take solid steps
  towards a much more successful future.                                                               WITH
  RHI is open to strategic long-term partnerships. We believe in the synergy of working
  together, and the experience we gain from our partners is something we truly cherish.
                                                                                                       PARTNERS

July 2015. Signing a contract for Yama LNG project
(Moscow, Russia)

                                                                                   December 2012. RHI, MHI and Sojitz receiving a new   December, 2015. Signing a Memorandum of
                                                                                   project of Gazprom Neftekhim Salavat Acrylic Acid    Understanding between RHI and TCC
                                                                                   Plant (Salavat, Russia)                              (Tianjin, China)

                                                                                                                                                                                  14
2.
OUR
SERVICES
2.1.   ENGINEERING
2.2.   LOGISTIC AND PROCUREMENT
2.3.   FABRICATION
2.4.   CONSTRUCTION
2.1. ENGINEERING
Renaissance Heavy Industries Engineer-
ing Group offers process, piping and lay-
out, mechanical / vessel, civil / structural
/ architectural, electrical, instrumentation
and automation engineering, building                    our services:
electromechanical design.
                                               Pre-Feasibility, Feasibility, FEED Studies
Our capabilities range from scoping
studies to feasibility analysis and front                                                   400 px
                                               Detail Engineering
end design, to detail engineering in the
areas of Petrochemicals, Refineries, Fer-
                                               Technical Drawings Preparation
tilizers, Natural Gas Plants, Power Plants
and Process Plants.
                                               Technical Specification Preparation
Our approach embodies strong project
                                               Datasheet Preparation
management, technological excellence,
quality assurance and compliance to lo-
                                               Procurement Management and
cal norms, standards; especially in Turk-
                                               Engineering (RFI-RFP-Expediting-ITP
menistan and Russia.
                                               Management)
Designs and engineering activities are
                                               Pre-Commissioning and Commissioning
performed as per relevant codes and ad-
                                               Preparation
aptation of foreign supplier’s documen-
tation to local norms and regulations.
                                               Industrial Plants and Power Plants
                                               Mechanical Acceptance, Pre-Com,
                                               Commissioning Activities under RHI
                                               Scope

                                                                                                     16
2.2. LOGISTIC AND PROCUREMENT

                                            RHI follows an Integrated Procurement
                                            & Materials Management system in line
                                            with the ISO 9001 requirement, covering
                                            the following:

Procurement & Material subcontract
(local and overseas)

Logistics, Expediting, Factory Acceptance
Test (FAT) and Transportation

Vendor Management (Supplier evaluation,
Prequalification and performance
measurement)

Receiving, Inspection / Reporting,
Issuance & Material Control                 TLT&P (Traffic – Logistics – Transporta-
                                            tion & Procurement) Division of RHI has
Storage, Preservation as per                the capability to provide Project Logis-
manufacturer’s recommendations              tics & Customs, including the transfer
                                            of Heavy Equipment from one country to
Product identification and traceability     another country, in accordance with the
                                            needs of the projects.

                                            We are experienced in organizing and
                                            managing sea, air and land freight in-
                                            cluding heavy weight and over-dimen-
                                            sional cargo with engineering liaison as
                                            required.
2.3. FABRICATION
RHI owns four site fabrication shops in
Russia and Turkmenistan with a total
closed area of 12,000 m2; consisting
of a site fabrication shop, paint shop,
mess and fabrication office. These shops
have a production capacity of 1,300
tons/month and consist of overhead
cranes, shot-blasting machines, optical
plate cutting machines, radial drilling
machines, welding equipment and ma-
chines, generators and compressors.           • Pipe prefabrication
Renaissance Heavy Industries has its
own fabrication facilities in the countries
of operation. The factories are equipped
                                              • Painting
with state-of-the-art CNC (Computer
Numerical Control) cutting machines,
automatic surface treatment & painting        • Non-standard
facilities and welding equipment. Our           equipment
own fabrication shops have high pro-
duction capacity and consist of overhead        prefabrication
cranes, shot-blasting machines, optical
plate cutting machines, radial drilling
machines, welding equipment and ma-
chines, generators and compressors. Re-
naissance Heavy Industries fabrication
facilities are ready to deliver the follow-
ing services:

                                                                      18
2.4. CONSTRUCTION

 We offer a complete range of capabili-
 ties in the field of construction, utilizing
 teams of experienced construction pro-
 fessionals.

 RHI’s international experience and net-
 work of construction resources, its ex-
 tensive experience with local country
 laws and regulations, as well as its
 ability to adapt quickly to the new re-
 quirements of new locations, facilitate
 its Project Management efficiently and
 quickly mobilize construction equipment
 and construction crews.

 RHI’s declared policy of always employing
 and training local labor to the highest
 degree possible is always an added value
 to each project and the local economy.
 Sophisticated management controls are
 used for planning and monitoring large
 complex projects in order to ensure safe,
 timely and effective quality construction.

                                          19
3.
SUSTAINABLE
DEVELOPMENT
3.1.   QUALITY MANAGEMENT
3.2.   HSE MANAGEMENT
3.3.   LOCAL COMMUNITIES SUPPORT
3.4.   HUMAN RESOURCES & TRAINING
Su s t a i n a b i l i t y —            social and environmental impacts.       Apart from key performance
    is not simply an alternative path to    We are challenged to execute our        indicators, which, among others,
    economic growth, it is another way      projects in the most sustainable        include the success achieved by our
    of managing natural and financial       way, without compromising our           project managers, we also consider
    resources to ensure environmental       commitments, so that we can             indicators that measure how we:
    protection and social cohesion. It is   sustain trust not only between our
    a lifestyle.                            company and clients, but also with      • Ensure our employees’ safety
                                            the stakeholders involved in the
                                            projects.                               • Ensure and promote our
                                                                                    employees’ safety health
    MR. ALPTEKIN TIZER,
                                            What are we doing to achieve this?
    PRESIDENT AND CHAIRMAN                                                          • Ensure the security of our
    OF THE BOARD OF RHI,                    We are trying to embed the concept      employees and company’s assets
    ANSWERED QUESTIONS ABOUT                of sustainability in its widest sense
    THE COMPANY’S POLICY IN                 (in relation to the environment, our    • Develop the professional
    RELATION TO SUSTAINABILITY:             employees, third parties, commu-        capabilities and competences of
                                            nities, and local authorities) in our   our employees, promoting self-

“
                                            cultural and operational procedures.    motivation and self-fulfillment
    What does sustainability mean
    for Reneaissance Heavy Industries       In 2014, we established a HSE           • Contribute to the local
    (RHI)?                                  (Health, Safety and Environment)        development, while sticking to the
                                            committee to work on strategic is-      global concept “Think globally, act
    We have three core values: Chal-        sues related to sustainability, where   locally”
    lenge, commitment and trust, which      I preside as the chairman. Our
    define our way of thinking. As a        idea of sustainable development is      • Comply with our clients’
    large-scale company, we are in-         strongly based on our commitment        requirements and promote client
    volved in the most complex pro-         and vision. An open dialogue with       satisfaction
    jects. These projects bring economic    all stakeholders of our projects is
    opportunities to local people, but at   also important to us.                   • Minimize and manage

                                                                            ”
    the same there are risks of adverse                                             environmental impacts over the life
                                                                                    cycle of a project
                                                                                                                          21
3.1. QUALITY MANAGEMENT

    FROM INTERVIEW WITH                         and operations are functioning at their
                                                best and to monitor the product itself,
    MIKHAIL KARISALOV,                          but also the way it is installed, stored
    EXECUTIVE DIRECTOR OF                       and transported and to meet specific
    SIBUR ABOUT RENAISSANCE                     requirements and characteristics, such
    (NEWSPAPER “SIBUR                           as being reliable, satisfactory, safe and
                                                financially sound.
    TOBOLSK”, MARCH 2013):
                                                Since the company’s motto is “We Build

“
                                                Trust”, it is vital for us to maintain
                                                high quality standards and maintain
                                                the company’s excellent reputation. Our
    Renaissance has been able to provide        ultimate objective is to achieve zero
    a big number of welders who know            system defects.
    how to work with a very low reject rate
    - less than 1%. This factor seriously       The quality control measures include
    affects the speed of construction,
    because the faults can only be found        1. Quality control organization;
    out on the last step of the technological
    process after the control of several        2. Methods of performing, documenting,
    dozens of weld Joints and to correct        and enforcing the quality control
    them we have to go through the whole        operations of both the company and
    process all over again.                     its subcontractors (including Inspection

                                      ”
                                                and testing);

                                                3. Inspections to be performed; and a
                                                protocol describing corrective actions.

    Continuous improvement of quality is
    one of the basic factors that allows RHI
                                                                                            WE DO NOT COMPROMISE
    to gain a competitive advantage in the
    construction business.                                                                  ON WHAT IS IMPORTANT
    RHI aims not only to ensure systems                                                     FOR US               22
3.2. HSE MANAGEMENT
“EVERYBODY GOES HOME
SAFE” IS THE MAIN IDEA       The health and safety of employees is
                             the fundamental policy of RHI’s profes-
                             sional ethical perception. Therefore, con-
OF OUR OHS POLICY            tinuous efforts are made to provide a
                             suitable environment for protecting an
                             improving the health and safety of the
                             work force in all operational areas and
                             to integrate these efforts into the corpo-
                             rate culture as an inseparable part of all
                             business processes.

                             Polices regarding health and safety
                             management and continuous precaution
                             against possible risks proves RHI’s com-
                             mitment to its employees and in return
                             constantly assure the employees’ loyalty
                             to the company. With scheduled training
                             given to all employees and subcontrac-
                             tors in health and safety subjects, an
                             educated and competent workforce is
                             created along with a working environ-
                             ment where employees are responsible
                             not only for their own but also for oth-
                             ers’ health and safety. Rönesans Holding
                             has all the resources to implement the
                             international LEED (Leadership In En-
                             ergy and Environmental Design) stand-
                             ards and has an ISO 14001 certificate, a
                             symbol of expertise in the Environmen-
                             tal Management System. Our Company
                             always acts responsibly at every phase
                             of the project when it comes to envi-
                             ronmental quality, material utilization,
                             water, energy and waste management.
3.3. LOCAL COMMUNITIES SUPPORT

RHI is a global company. While we will       Training and employing
be extending our geographic frontiers,       local population
we will always be deeply rooted in the       RHI plays a key role as a local employ-
countries we operate and will try to         er by giving priority to on-site hiring.
bring prosperity to the regional econo-      Recruiting locally Is an opportunity to
mies around which we revolve. We select      access local talent pools and widen the
our countries of presence carefully and      expertise of the Group. This policy re-
operate only in countries where we have      lies on the transfer of skills between our
a wealth of knowledge.                       operating centers and training of the
                                             local talents. The company has opened
Our strategy is to combine the local         schools in Turkmenistan and Russia
know-how and the local company’s in-         where we train in welding, industrial
depth knowledge with economies of            electric Installations and mechanical as-
scale, the best methods and technologies     sembling.
owned by the International company.
Our policy is to establish a sustainable     Supporting local communities
presence wherever we conduct business        RHI is strongly committed to respect
and stay for the long term. We need to       local cultures and works continually to
be close to our customers, ensure that       Improve the well-being of communities.
their projects contribute to local devel-    When working with local communities
opment and have a keen understanding         our approach is one of dialog and con-
of all the strategic markets. Local con-     sideration.
tent is therefore the key to deliver these
benefits.                                    Rönesans Holding pays extensive Im-
                                             portance to education and created the
Contributing to economic activity            Educational Foundation in 2010, which
Our strong presence in the countries in      supports education by providing grants
which we operate with fabrication assets
and our extensive network of suppliers
                                             to students, distributing school sup-
                                             plies and books for needly children and       ONE OF THE BASIC RHI
give us the capability to undertake pro-     opening schools. RHI tries to execute the
jects involving a very high level of local
content. This in turn links the economy
                                             vision of the Rönesans Holding to sup-
                                             port education at the project level as well
                                                                                           PINCIPLES IS BEING
                                                                                           «GLOBALLY LOCAL»
of the host country with the growth of       by supporting schools and orphanages
our own economy.                             around the project location.
3.4. HUMAN RESOURCES
                                                            & TRAINING
                        “By People” is RHl’s business policy, with   One way of promoting and retaining
                        aim to develop and strengthen human          managers in the Group is through an
                        capital. Contractors depend on the capa-     extensive training program. Various
                        bility of each employee and the collabo-     courses for management, engineers
                        rative power of team work. We recognize      and crafts have been established. These
                        that the value created by human capital      courses help expand the expand the
                        RHl’s source of growth. RHI develops a       skills of those individuals who partici-
                        corporate culture that attracts human        pate in the programs. At the same time
                        capital and to upgrade its human re-         it helps to cultivate the new skills and
                        source management.                           techniques needed to help us expand
                                                                     our resources and expertise in the exe-
                        RHI is known as a dynamic company            cution of our projects.
                        that is able to compete for the most
                        challenging projects, coupled with tight     The management of RHI assessed the
                        construction schedules. This is achieved     need for this program by surveying
                        through very dynamic and experience          employees at all levels identify the ar-
                        management.                                  eas they believed needed improvement.
                                                                     Courses gives all permanent employees
                                                                     an opportunity for professional growth.

PROJECTS ARE BUILT BY
PEOPLE, THEREFORE WE
AIM AT DEVELOPING AND
STRENGTHENING HUMAN
CAPITAL
                                                                                                          25
4.
    PROJECT
    PORTFOLIO
6

    4.1. HYDROCARBONS
              PETROCHEMICALS
              REFINERIES
              NATURAL GAS PLANTS
              FERTILIZERS
4.1.
PETROCHEMICALS
                                       TURKMENHIMIYA
                                   AMMONIA AND UREA PLANT

        PROJECT DETAILS:

       LOCATION                    CLIENT                PROJECT LICENSOR

       Mary,                       Turkmenhimiya         MW Kellogg Limited ( Subsidiary of KBR) Stamicarbon B.V. Uhde
       Turkmenistan                State Concern         Fertilizer Technology B.V.

        CONTRACT TYPE              CAPACITY              Term of Contract                        FORMATION

        EPC / Lump sum / Turnkey   Ammonia production:   2011-2014                               EP part-KHI (Kawasaki Heavy
                                   400 000 tpa                                                   Industries) C part-RHI
                                   Urea production:
                                   640 000 tpa
                                                                                                                          27
4.1.
PETROCHEMICALS
                           SIBUR TOBOLSKNEFTEKHIM
                             POLYPROPYLENE PLANT

        PROJECT DETAILS:

       ocation             Client                       EPC Contractor / Licensor

       Tobolsk,            Sibur TobolskNeftekhim       Linde
       Russia

        Contract Type      Capacity                     Term of Contract            Formation

        Unit rate          Polypropylene: 500 000 tpa   2011-2013                   Alone

                                                                                                28
4.1.
PETROCHEMICALS
                                      RUSVINYL PVC
                                    INTEGRATED PLANT

        PROJECT DETAILS:

       Location            Client                          EPC Contractor / Licensor

       Nizhny Novgorod,    RusVinyl (JV of Russian Sibur   Technip France
       Russia              and Belgian Solvay)

        Contract type      Capacity                        Term of Contract            Formation

        Unit Price         PVC: 300 000 tpa                2011-2013                   Alone

                                                                                                   29
4.1.
PETROCHEMICALS
                               GAZPROM NEFTEKHIM SALAVAT
                                   ACRYLIC ACID PLANT

        PROJECT DETAILS:

        Location                 Client                             Licensor

        Salavat,                 JSC Gazprom Neftekhim              Mitsubishi Chemical Corporation
        Russia                   Salavat

        Contract Type            Contract Type                      Term of Contract                  Formation

        EPC Lump-Sum Turnkey     Сrude Acrylic Acid: 80 000 tpa     2013-2016                         Consortium with MHI & Sojitz
                                 Butyl Acrylate: 80 000 tpa
                                 Glacial Acrylic Acid: 35 000 tpa
                                                                                                                                30
4.1.
PETROCHEMICALS
                                            PHOSAGRO
                                          AMMONIA PLANT

        PROJECT DETAILS:

       Location                Client                 Licensor

       Cherepovets,            Phosagro               Haldor Topsoe
       Russia

        Contract type          Capacity               Term of Contract   Formation

        EPC Lump-Sum Turnkey   Ammonia: 726 000 tpa   2014-2016          Consortium with MHI & Sojitz

                                                                                                  31
4.1.
PETROCHEMICALS
                                         QAPCO LDPE
                                           PLANT

        PROJECT DETAILS:

       Location               Client                  EPC Contractor

       Mesaieed,              QAPCO                   Uhde Thyssen Krupp
       Qatar

         CapaCITY            Term of Contract         Formation

         LDPE: 300 000 tpa   2010-2011                JV with HBK (Qatar)

                                                                            32
4.1.
PETROCHEMICALS
                                  LUKOIL VGO
                           DEEP CONVERSION COMPLEX

        PROJECT DETAILS:

       Location             Client                    EPC Contractor

       Volgograd,           Lukoil                    Technicas Reunidas
       Russia

        Contract type       Capacity                  Term of Contract     Formation

        Unit rate           Refinery modernization:   2013-2015            Alone
                            +3.5 m tpa
                            Hydrogen: 120 000 nm3/h
                            Sulphur: 44 000 tpa
                                                                                       33
4.1.
PETROCHEMICALS
                                LINDE AZOT TOGLIATTI AMMONIA &
                                 HYDROGEN PRODUCTION PLANT

        PROJECT DETAILS:

       Location                     Client                         EPC Contractor

       Togliatti,                   Linde Azot Togliatti LLC (JV   Linde Engineering Rus LLC
       Russia                       %50 Linde GasPullach and
                                    %50 KuibyshevAzot)

        Contracts Type              Capacity                       Terms of Contact            Formation

         Lump-Sum & Unit Rate       Ammonia: 440 000 tpa           2014-2016                   Alone
                                    Hydrogen: 120 000 Nm3/h

                                                                                                           34
4.1.
PETROCHEMICALS
                                      SIBUR ZAPSIB-2
                             ETHYLENE CRACKER UNIT (ECU) PLANT

        PROJECT DETAILS:

       Location                    Client                       EPC and Licensor

       Tobolsk,                    ZapSibNeftekhim              Linde
       Russia                      (%100 subsidiary of SIBUR)

        Contract Type              Capacity                     Term of Contract   Formation

        General Contractor         Ethylene: 1 500 000 tpa      2015 - 2019        Consortium with Yamata

                                                                                                            35
4.1.
PETROCHEMICALS
                                        GAS-TO-GASOLINE
                                         PROJECT (GTG)

        PROJECT DETAILS:

       Location                Client

       Akhal Velayat,          TurkmenGaz State Concern
       Turkmenistan

        Contract Type          Capacity                   Term of Contract   Formation

        EPC Lump-Sum Turnkey   Gasoline: 600 000 tpa      2014 - 2018        Consortium with KHI
                               LPG: 100.000 tpa

                                                                                                   36
PROJECT
PORTFOLIO

  4.2. POWER
    HYDRO POWER PLANTS
    THERMAL POWER PANTS
    TURBINE MANUFACTURING PLANTS
    NUCLEAR POWER PLANTS
4.2.
ENERGY & POWER
                           ROSENERGOATOM LENINGRAD
                             NUCLEAR POWER PLANT

        PROJECT DETAILS:

       Location             Client          Main contractor

       Leningrad region,    Rosenergoatom   Titan-2
       Russia

        Contract Type      Formation

        Unit rate          Alone

                                                              38
4.2.
ENERGY & POWER
                                       GE GAS TURBINES
                               MANUFACTURING PLANT & TEST BENCH

        PROJECT DETAILS:

       Location                     Client                            Consultant

       Rybinsk,                     Russian Gas Turbines LLC (JV of   AECOM
                                    GE, Inter RAO and UEC (United
       Russia                       Engine Corporation – subsidiary
                                    of the Russian State

        Contract Type               Capacity                          Term of Contract   Formation

        EPC Lump-Sum Turnkey        Annually 20 6FA turbines          2013 - 2015        Alone

                                                                                                     39
4.2.
     ENERGY & POWER
                                        Essential projects of HEITKAMP INGENIEUR
                                               und Kraftwerksbau GmbH
HEITKAMP INGENIEUR und Kraftwerksbau GmbH - founded in 1892 - is a wholly - ownedsubsidiary            Heitkamp has successfully constructed more than 100 cooling towers across the world and 37 nuclear
of Renaissance which was acquired to utilize its expertise in power plants andindustrial structures.   plants across Europe.

            OLKILUOTO NUCLEAR                                   EISENHÜTTENSTADT                                BOXBERG NATURAL                                      WESTFALEN COAL
               POWER PLANT                                     COGENERATION PLANT                            DRAUGHT COOLING TOWER                                    POWER PLANT

              LOCATION                                             LOCATION                                         LOCATION                                          LOCATION

              Eurajoki,                                            Eisenhüttenstadt,                                Boxberg,                                          Westfalen,
              Finland                                              Germany                                          Germany                                           Germany

              PRODUCTION OUTPUT                                    PRODUCTION OUTPUT                                PRODUCTION OUTPUT                                  PRODUCTION OUTPUT

              1600 MW                                               150 MW                                          670 MW                                             1500 MW

              TERM OF CONTRACT                                     TERM OF CONTRACT                                 TERM OF CONTRACT                                  TERM OF CONTRACT

              2004 - 2017                                          2008 – 2011                                      2006-2009                                         2008-2013
                                                                                                                                                                                                     40
PROJECT
     PORTFOLIO
41

        4.3. METALLURGY
        & MINING

            METALLURGY
            MINING
4.3.
METALLURGY
                           POSCO STAINLESS STEEL
                         COLD ROLLING MILL FACILITY

      PROJECT DETAILS:

     Location             Client

     Izmit,               Posco Assan TST
     Turkey

      Contract Type       Capacity            Term of Contract   Formation

      EPCM                Galvanized Steel:   2011 - 2012        Alone
                          200 000 tpa

                                                                             42
4.3.
METALLURGY
                                         VOLGOCEMMASH
                                          STEEL PLANT

      PROJECT DETAILS:

     Location                 Client               Equipment Supply

     Togliatti,               JSC Volgocemmash     Danielli (Italy)
     Russia

      Contract Type           Capacity             Term of Contract   Formation

      Consultancy Agreement   550 000 tpa          2013               Alone

                                                                                  43
4.3.
METALLURGY
                                             STOILENSKY GOK
                                            PELLETIZING PLANT

      PROJECT DETAILS:

      Location                        Client

      Stary Oskol,                    Stoilensky Mining and
      Russia                          Beneficiation Plant
                                      (part of NLMK Group)

      Contract Type                   Capacity                 Term of Contract   Formation

      General Contractor for C part   High-quality magnetite   2014 - 2016        Alone
                                      pellets 6 000 000 tpa

                                                                                              44
PROJECT
        PORTFOLIO
45 45
45

        4.4. PROCESS PLANTS
               CEMENT
               CHEMICAL
               PHARMACEUTICAL & COSMETICS
               BREWERIES
4.4.
PROCESS PLANTS
                                SEBRYAKOVCEMENT
                                  CEMENT PLANT

        PROJECT DETAILS:

        Location           Client                  EPC Partner

        Volgograd,         Sebryakovcement         FL Smidth
        Russia

        Contract Type      Capacity                Term of Contract   Formation

        Design-Build,      Cement: 1 180 000 tpa   2011-2013          Alone
        Lumpsum Turnkey

                                                                                  46
4.4.
PROCESS PLANTS
                                VERKHNEBAKANSKY
                                  CEMENT PLANT

        PROJECT DETAILS:

        Location                Client                   EPC Partner

        Novorossiysk,           INTECO OJSC “VBCZ”       FL Smidth
        Russia

        Contract Type           Capacity                 Term of Contract   Formation

        Design-Build, Turnkey   Cement: 2 300 000 tpa    2009 – 2012        Alone
                                Clinker: 2 145 000 tpa

                                                                                        47
4.4.
PROCESS PLANTS
                                    NOVOROSCEMENT
                                     CEMENT PLANT

        PROJECT DETAILS:

        Location           Client                  EPC Partner

        Novorossiysk,      Novoroscement           KHD (Germany)
        Russia

        Contract Type      Capacity                Term of Contract   Formation

        Unit Price         Cement: 2 000 000 tpa   2011–2013          Alone

                                                                                  49
4.4.
PROCESS PLANTS
                                      KORUND SODIUM
                                       CYANIDE PLANT

        PROJECT DETAILS:

        Location           Client                       EPC Contractor

        Nizhny Novgorod,   Korund                       EPC (Germany)
        Russia

        Contract Type      Capacity                     Term of Contract   Formation

        Unit Price         Sodium Cyanide: 40 000 tpa   2010 – 2011        Alone

                                                                                       50
4.4.
PROCESS PLANTS
                               TURKMENHIMIYA
                            SULPHURIC ACID PLANT

        PROJECT DETAILS:

        Location           Client                        Licensor

        Turkmenabad,       Turkmenhimiya State           MECS Inc. (USA)
        Turkmenistan       Concern

        Contract Type      Capacity                      Term of Contract   Formation

        EPC Lump-Sum       Sulphuric Acid: 500 000 tpa   2013 – 2016        Consortium with MES (Mitsui
                                                                            Engineering and Shipbuilding)

                                                                                                      51
4.4.
PROCESS PLANTS
                            CARGILL SUNFLOWER OIL
                              EXTRACTION PLANT

        PROJECT DETAILS:

        Location            Client               Client’s Consultant

        Volgograd region,   Cargill              Tebodin Consultants &
        Russia                                   Engineers

        Contract Type       Capacity             Term of Contract        Formation

        EPC Lump-Sum        Total: 500 000 tpa   2013 – 2016             Alone

                                                                                     52
4.4.
PROCESS PLANTS
                                         PHARMACEUTICAL &
                                        COSMETICS FACTORIES

AVON BEAUTY PRODUCTS            ORIFLAME BEAUTY PRODUCTS           SEDRIX
  & COSMETICS PLANT                 & COSMETICS PLANT       PHARMACEUTICAL PLANT

        Location                    Location                  Location

        Moscow,                     Moscow,                   Moscow,
        Russia                      Russia                    Russia

        Contract Type               Contract Type             Contract Type

        Design-Build, Turnkey       Design-Build, Turnkey     Design-Build, Turnkey

       Term of Contract            Term of Contract          Term of Contract

       2003 - 2004                 2005 - 2006               2005 - 2006
                                                                                      53
4.4.
PROCESS PLANTS
                 BREWERY and
                 MALT PLANTS

                        Renaissance has already completed 16 brewery and 2 malt plants as a turnkey
                        projects, including all design works, shop drawings, construction works, electrical and
                        mechanical systems, infrastructure systems, peripheral roads and landscape areas.

                                   Project locations:                             Clients:

                                   St. Petersburg, Rostov,                        •   Baltica Brewery Plant
                                   Yaroslavl, Saransk, Zelenogorsk,               •   Klin Brewery
                                   Minsk, Kiev, Nizhniy Novgorod,
                                                                                  •   Samara Brewery
                                   Tula, Voronezh, Khabarovsk,
                                   Samara.                                        •   Tula Brewery
                                                                                  •   Cargill Malting Plant
CONTACTS
                                                                                      http://rhi.ronesans.com/
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