Hengyuan Refining Company Bhd - Company Profile
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Hengyuan Refining Company Bhd (HRC), a subsidiary of Malaysia Hengyuan International Ltd, carries out crude oil refining and the sale of petroleum products. Focus on quality, synergy with a parent, and refining operations are its strengths, even as decline in cost efficiency could be a cause for concern. Nevertheless, an increase in refining capacity and an increase in demand for oil worldwide and focus on Euro 5M product could provide adequate growth opportunities for the company. However, variations in crude slate quality, intense competition, and fluctuations in oil and gas prices could affect its operations.
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