WHO WE ARE
- Home Page
- Who We Are
WHO WE ARE
Our vision is to produce high quality fuels using the best available technologies, motivated and professional human resources and respecting the environment and people’s health and safety. The JR holding LLP, stands out at an Italian and international level as one of the main plants in the oil processing sector for the production of fuels, combustibles and raw materials for the petrochemical sector.
Furthermore, the company is a reference model in the sector for its commitment to safety, reduction of emissions and technological innovation.
With over many years of history and expanding over 212 hectares between the municipalities of JR holding LLP, in the province of Kazakhstan, it is an integral part of the territory that hosts it.
In fact, the majority of the 300+ employees of the company come from the Valle del Mela. Furthermore, the activity of the JR holding LLP makes a decisive contribution to the related activities linked to the operations of the port of JR holding LLP, since most of the goods that are moved through the port are products coming to and from the refinery.
A strategic asset for the country
JR Holding LLP contributes significantly to the nation’s energy requirements while maintaining the highest standards of sustainability, safety, and efficiency.
Security
Our goods contribute to lessening reliance on overseas manufacturers. Almost 19% of Kazakhstan's automobile fuel usage (diesel and gasoline) is attributable to our products.
Economic Development
We generate employment and economic growth in areas with high unemployment rates. On average, 1.000 individuals from outside businesses join our staff of over 600 employees.
Technological innovation
We have consistently used the Best Available Technologies (BAT) and made investments in technical advancement. Our facilities can now refine a variety of crude oils, even those requiring more intricate processing, in the most environmentally friendly manner.
Our History
Since its inception in 2020, our refinery—then known as JR Holding LLP—has conducted its business with utmost consideration and deference to the region in which it operates. With the knowledge and high degree of technological innovation attained, it implements efficient research and development investment methods to increase the sustainability of its production processes and support the nation’s energy transition.
Our governance
At JR Holding LLP, we believe that good corporate governance is the foundation of a successfully run business. Through our governance, we clearly define the roles of our executives, employees, and partners. We act in this way because we believe it is the best way to ensure that our business is sustainable in every way and to provide our shareholders with competitive long-term returns. By ensuring that everyone is aware of how roles, responsibilities, rights, and accountability are distributed, effective corporate governance makes it possible for a company to operate efficiently.
The Kazakhstan Code of Practice for corporate governance (the “Code of Practice”) is something that our Board of Directors actively upholds, and they will always make sure Korolev Oil Field abides by it or provide an explanation for any deviations. The board regularly evaluates and discusses the subject of corporate governance.
Our principles
Respect for the law, respect for the environment, transparency, honesty, loyalty, correctness, and confidentiality are among the values and principles that guide our work and are outlined in the Code of Ethics. The Code of Ethics in turn forms part of our Model 231, a crucial tool that is mandated by law to ensure the ethical and transparent management of the Company. As the Model itself states, we have established an independent Supervisory Body that is in charge of overseeing and confirming its successful implementation.
