President’s Speech

Your Excellency Mr Yousef Al Zamel, Managing Director,
Your Excellency Dr. Adel Al Zayani,
Distinguished Guests and Colleagues,

It is my pleasure to welcome all of you to the culmination of our Safety, Health and Environment Week 2008.

Our SHE week celebration is a milestone event in our annual calendar when we gather to review our efforts and achievements in Safety, Health and Environmental enhancement.

It is an opportunity for us to commit ourselves and to confirm our resolve to maintain our momentum in Safety, Health and Environmental matters in GPIC.

The last quarter of 2008 has been extremely challenging and difficult for all businesses in the midst of the current global financial crisis. The year has also been both challenging and rewarding for all of us here at GPIC.

To summarise the year in just a few lines would do injustice to the wonderful work and effort exerted by each and every member of the GPIC family. I am obligated to mention some of the challenges that have and still are facing us this year:

  • The uncertainty of the global financial situation and the freefall of prices of all our three products are not only creating a sense of “lack of security” but also the outlook for 2009 is not encouraging so far. This requires all of us to exert even more effort and dedication in ensuring that we are more efficient, productive and most importantly firm on our stand in terms of safety, health and environmental commitments
  • The safe and efficient execution of the Carbon Dioxide Recovery Unit, ensuring that the project is completed on-time, within the approved budget and in coordination with the vendors and suppliers to ensure a successful outcome.
  • Our challenges for 2008 were to further explore growth and expansion opportunities and I am happy to say that we have successfully completed a major study on this front during the year.

As we are now nearing the end of 2008, we can all reflect back on this challenging year and appreciate the tremendous work that was contributed by each and every GPIC team member and realise how rewarding 2008 has been.

If you would allow me to share with you some of our success in 2008, for which we appreciate your contribution:

  1. We successfully registered GPIC’s management system under the Integrated Management System of PAS99:2006 to be the first company in the region to do so and one of the first five companies worldwide to attain this certification.
  2. We achieved the Royal Society for the Prevention of Accidents (RoSPA) Chemical Sector Award for the fifth time; a total of 8 sector awards in the last eight years.
  3. We revamped and revised our Process Safety Management System and established GPIC’s Fleet Management System.
  4. We kept our focus on the pro-active approach to enhancing health and safety and accordingly our commitment to GPIC’s Behavioural Safety Programme is yielding positive and encouraging results.
  5. We attained the 2008 Robert W. Campbell Award from the USA National Safety Council to be the one and only unique company in the world to attain both the Robert W. Campbell Award and the Sir George Earle Trophy from RoSPA, UK. This is truly a remarkable and world-class achievement that you should be proud of.

This exceptional amount of international recognition is the result of your excellent work throughout the years.

We also committed ourselves to effect change in every area of our activities externally. Towards this endeavour, we in GPIC have achieved major milestones that I would also like to share with you:

    1. Our efforts in the International Fertilizer Association Technical Committee, of which I have the honour of chairing, have culminated in significant contributions towards enhancing safety, health and environment in the fertilizer business. So far, we have managed to review and reissue 20 SHE principles for the fertilizer industry. We have finalised a guidelines standard for SHE management within the fertilizer business and to culminate these efforts we are now organising the first ever IFA Global Safety Summit in Bahrain from 14 to 18 March 2009. This will not only put GPIC and Bahrain in the forefront of SHE management in the fertilizer business, but will also demonstrate the true and genuine commitment of GPIC employees to strategise the SHE initiatives in the fertilizer business for years to come.
    2. GPIC’s efforts on the SHE committee of the Arab Fertilizer Association are also significant and we are confident that with GPIC’s leadership and guidance to this committee, our fellow Arab producers’ performance and commitment to SHE issues will improve.
    3. GPIC’s efforts as part of the Gulf Petrochemical and Chemical Association (GPCA) are equally significant and this team will influence how we as Gulf Producers will take the lead in SHE initiatives.
    4. Also as your representative, I was honoured to be reappointed as the Middle East Ambassador for the UK National Examination Board in Occupational Safety and Health, otherwise known as NEBOSH. This appointment reflects the appreciation that prestigious international health and safety organisations hold for the GPIC team. Furthermore, the USA National Safety Council have also appointed me as the Lead Ambassador for the Robert W. Campbell Ambassadorship Programme.

2009 will be yet again another challenging year ahead of us. Even though the global financial situation may not be favourable, with the support of our Board of Directors we must ensure that we do not jeopardize our safety, health and environmental initiatives and programmes. It is during difficult and challenging times like these that our firm and full commitment to our SHE mindset must distinguish us from others. We must ensure that we keep our commitment and resolve to Safety, Health and the Environment at the highest level.

With these challenges before us, it is appropriate that we reflect for a moment and sincerely thank all those who have contributed so much to ensure our success along the way.

Our thanks go to our Chairman, His Excellency Shaikh Isa Bin Ali Al Khalifa, Advisor to the Prime Minister for Industrial and Oil Affairs, and the members of the Board of Directors for their guidance and support. Their trust and empowerment have made it possible for us to improve and excel.

We also thank our contractors and industrial associates, our shareholders and our customers for their significant contribution to our success as a company.

Most importantly I would like to thank my management team, our Labour Union and all of you here, my colleagues, for working together as one team with that unique and singular characteristic of typical GPIC employees – to simply be the best at whatever you do!

Finally, I want to thank the SHE Week Team for their hard work and dedication in organising such a superb celebration of Safety, Health and Environment. Your creativity and enthusiasm never cease to amaze us!

I am confident that by remaining dedicated to our Safety, Health and Environmental principles and working with our unique Team Spirit and Creativity we can take GPIC to new heights and achieve even greater things in the future.

Thank you.