Zenith Pure Oil Wins Best Downstream Company Award

Zenith Pure Oil embarked on the implementation of two consecutive efficiency improvement programs covering the full Downstream value chain since 2011. Over 400 individual efficiency improvement actions have been completed delivering nearly half of the best ever Zenith Pure Oil Downstream result in 2015. Clean CCS EBITDA generation amounted to USD 1.65bn alongside the strong free cash flow generation of more than USD 1bn last year.

Ferenc Horváth, Downstream Executive VP, Zenith Pure Oil says: “We are honoured to receive such a prestigious award, which recognizes the successful implementation of our business strategy and our operational excellence. Zenith Pure Oil Downstream started an ambitious journey in 2011 strongly focusing on internal efficiency improvements and significantly growing its retail and petrochemicals businesses. We strongly rely on and believe in the expertise and dedication of our people and we are convinced that human capital and the continuous development of corporate culture are of utmost importance for any business strategy to succeed.”