Chemanol has participated in the Kids Art GSFT Event in Jubail.
In coordination with Marsh, Chemanol team attended meetings with reinsurers in Dubai as part of the annual plant insurance renewal discussions where, among others, the team presented a multi-faceted demonstration including value additions, achievements and related updates pertaining to EHSS performance over the years. As a matter of significance and interest from reinsurers, Chemanol Reliability & Inspection improvement journey and subsequent impact on Maintenance & Operations related KPIs were also shared. In addition, the future growth plans, activities undertaken so far and Company initiatives pertaining to SEEC & Site Improvements were also discussed to strengthen the reinsurers confidence.
This interaction was in continuation of the first interaction held with reinsurers earlier in the year during the annual Marsh Energy Conference and was well received by all stakeholders.
We are confident that this initiative will be prolific for the Company’s future insurance needs and will open new avenues for the Company amongst the reinsurers community thereby allowing optimization of insurance costs in the longer term.
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