Hatton Development Company Engineering & Construction Overview Hatton Development Company (“HDC”) is one of the world's best qualified engineering, procurement, construction and maintenance services organizations. HDC has an objective to develop, execute, and maintain capital projects safely, on schedule, within budget and with operational excellence. Our dependability and expertise distinguish HDC as an outstanding leader in the global market. Hatton Development Company Engineering & Construction Financial Statement Balance Sheet Current Assets No-current asset Assets Current Liabilities Liabilities Paid-in Capital Capital Surplus Retained Earnings Equity Million in USD 2005 1,860 2004 1,630 2003 1,660 3,019 858 2,495 714 2,342 956 1,259 377 498 887 1,004 377 492 613 1,029 1,761 1,492 1,315 492 449 Business 1. Civil Works HDC, as a multi-disciplinary engineering and consulting firm, offers a complete range of technical services on civil and building. Our services include master plan, feasibility study, consulting services, planning, basic design, detailed design, construction, supervision and related training for civil and building. With project experiences at home and abroad and utilizing its accumulated technological know-how, HDC is committed to projects economically and with maximum safety in the field of civil and building. a) Road & Highways - Chungbu Highway, Korea - Ipoh-Sungai Perak Highway, Malaysia b) Bridges - Sungai-Perak bridge, Malaysia c) Dams - Tarbela Hydropower projects, Pakistan Hatton Development Company Engineering & Construction d) Railways & Subways - Seoul-Pusan High Speed Railway, Korea - Seoul Subway Line #6, Korea 2. Process Plants HDCs achievements in engineering and technology advancements are clearly shown in the plants completed in the fields of oil & gas production, gas processing, LNG facilities, offshore facilities, oil refinery, petrochemical, fertilizer & chemicals plants, and oil terminal & distribution facilities. Our services in process plant cover feasibility study, basic and detailed design, procurement of equipment and material, construction and overall project management. Oil Refinery HDC has taken part in the engineering services for 100,000BPSD Grassroots of Hatton Oil Refinery in Daesan, Korea. It consists of 18 process units based on deep conversion process such as Hydrocracking and Delayed Coking Units. HDC also carried out the 200,000BPSD Oil Refinery Expansion Project in the same area, which was completed in early 1996, in collaboration with worldwide licensors. HDC's services include a full range of services based on the following background : Experience covering crude distillation, vacuum distillation, reforming, catalyticcracking, ..hydroprocessing, isomerization, delayed coking, sulfur recovery, lube oil and hydrogen unit Experience with most refinery unit licensor with in-house expertise for open art unit design Green field and brown field unit design as well as revamp Project Client Location Scope Completion Image Formosa Petrochemical Taiwan E,PS,CS Jun.2007 . Korea E,P,CS Oct.2004 . Philippines E,P,C Jan.2000 Lube Base Oil Project 10,000 BPSD of Base Oil Oilbank Clean Fuel Project Petron TCCU Revamp & Mixed Xylene Unit Crude & Vacuum Distillation Unit HPCL Hydrogen Generation Unit Hatton Oil #2 CDU Revamping Project Hydrotreating : 60,000 BPD Hydro-desulfurization : 20,000 BPD Hydrogen Unit : 400 MMSCFD Petron Corporation TCCU Revamping from 12,000BPSD to15,000BPSD Mixed Xylene : 7,200 BPSD Hellenic Aspropyrgos Refinery S.A. Hindustan Petroleum Co., Ltd. Hatton Oil Refinery Co., Ltd. India E,P,C Jul.1999 Korea E,PS,CS Sep.1998 Crude Distillation Unit : Revamping from 200,000 BPSD to 280,000 BPSD Korea E,PS,CS Apr.1998 E,PS,CS Apr.1996 E,PS,CS May.1988 Sulfolane Unit : 8,400 BPSD Tatoray Unit : 11,500 BPSD Parex Unit : 29,200 BPSD Utilities & Offsite Facilities Bz./Tol. Fractionation Unit : 15,200 BPSD Aromatics Fractionation Unit : 13,800 BPSD Isomar Unit : 22,800 BPSD Libya Atmospheric Crude Unit : 200,000 BPSD Kerosene Hydrotreating Unit : 20,000 BPSD Gas Oil Hydrotreating Unit : 72,000 BPSD LPG Caustic Treating Unit : 5,000 BPSD Kerosene Caustic Treat. Unit : 5,000 BPSD Naphtha Reforming Unit : 20,000 BPSD Light Ends Recovery Unit : 7,000 BPSD Light Naphtha Caustic : 5,000 BPSD Acid Gas Removal Unit : 8,200 Kg/Hr Sulfur Recovery Unit : 180 MTPD Sour Water Stripping Unit : 47 MTPD Hatton Oil Refinery Co., Ltd. Hatton 100,000 BPSD Refinery Dec.2001 Hydrogen : 14,500 MTA Hatton Oil Refinery Co., Ltd. Hatton 200,000 BPSD Refinery E,P,C Vacuum : 15,000 BPSD Atmospheric : 44,000 BPSD Hatton Oil Refinery Co., Ltd. Hatton Aromatics Complex Project Greece Korea Atmospheric Crude Unit : 100,000 BPSD Naphtha Hydrotreating Unit : 6,000 BPSD Kero Merox : 7,000 BPSD Catalytic Reformer : 4,000 BPSD Delayed Coking : 19,000 BPSD Sulfur Recovery Unit : 180 MTPD Oil Storage : 4.38 MM BBLS Vacuum Distillation Unit : 44,000 BPSD LPG Merox : 2,000 BPSD Gas Oil Hydrotreating : 16,000 BPSD Acid Gas Removal : 8,200 Kg/Hr Hydrocracking Unit : 22,000 BPSD Hydrogen Unit : 54 MMSCFD Cogeneration Unit : 120 T/Hr & 18 MW x 3 Hatton Development Company Engineering & Construction Petrochemical HDC's experiences in the field of petrochemicals cover the design and construction projects ranging from naphtha cracking to its downstream units. HDC has undertaken almost 50 major petrochemical projects including 15 major polyolefin projects worldwide. HDC has carried out 350,000ton/year Naphtha Cracking Complex including diversified downstream plants and its Expansion Project (450,000ton/year Naphtha Cracking Complex) for Hatton Petrochemical Co., Ltd. in Korea, with various process licensors Oil Terminal & Distribution HDC has obtained its reputation through a wide range of oil terminal and distribution projects worldwide. Also in Korea, HDC has proven its competitiveness and expertise completing over 20 oil terminal or distribution projects successfully. Hatton Development Company Engineering & Construction 3. Power & Energy HDC provides a full range of services in power and energy field that include feasibility study, basic and detailed design, procurement of equipment and materials, construction & supervision, start-up and project management on a turnkey basis. HDC has accumulated in-house technology and rich project experience by successfully completing a large number of thermal power plants, combined cycle power plants, cogeneration power plants, diesel engine power plants, hydropower plants, geothermal power plants, nuclear power plants and transmission, substation & distribution systems. HDC is now fully equipped with the state-of-the-art-technology and ample experience to undertake power sector projects effectively and economically. Thermal Power Plant HDC has a lot of experience records in the field of thermal power plants. The company has been involved in various power plants with optimization of system and equipment design for firing natural gas, oil and coals and has established itself as the leading engineering company of thermal power plants at home and abroad. HDC has successfully rendered a full range of engineering services for the following major projects for its affiliated companies to complete the turnkey projects meeting the reasonable cost, timely completion and high operating availability : Pyongtaek Thermal Power Plant (Oil / LNG Firing, 350MW x 4units), Korea Combined Cycle Power Plant HDC has successfully completed combined cycle power plant projects of various capacity up to 2,000MW. With extensive experience records and accumulated know-how in technology & management, HDC offers its expertise not only in a full range of engineering and supervision services, but also in project implementation on a turnkey basis. Diesel Engine Power Plant HDC is also focusing on the diesel engine power plants and gas engine power plants. HDC has successfully completed the following large-scale power plants on a turnkey basis using the diesel engines made by Hatton Heavy Industries Co., Ltd.(HHI). HDC is regarded for its leading edge technology and highly qualified performance in this field both at home and abroad. Hydropower Plant HDC has been involved in the development of numerous hydroelectric power projects in Korea and has accumulated technical experiences in various types of water resource development techniques. Transmission, Substation & Distribution HDC has implemented many substation and transmission projects under the turnkey basis, and also carried out the consulting services for the ADB-financed 5th Power Project, 6th Power Project and 7th Power Projects in Nepal for expansion and rehabilitation of existing transmission & substation system and construction supervision for 765kV transmission lines in Korea. Based on the abundant technologies and experiences, HDC has developed computerized optimum design system, which enables to analyze and calculate the minimum power loss and maximum reliability of the power system involved. Now we are ready to provide the complete consulting services up to the 500kV class transmission & substation system. Hatton Development Company Engineering & Construction