4.8 Compliance with the REACH Regulation HELLENIC PETROLEUM SA has been active since early 2006 to comply with REACH Regulation (Registration, Evaluation and Authorisation of Chemicals) 1907/2006. A brief overview of the key activities is addressed below: £ Active participation in various REACH Consortia as a founding member. £ Successful completion of the registration of the produced and imported substances that were subject to the first deadline of REACH article 23 (November 30th, 2010) and proactive registration dossiers’ updates according to REACH Article 23. £ Update of the Safety Data Sheets of the products according to REACH & CLP (Classification, Labeling and Packaging) Regulations. The new extended Safety Data 4.9 Environmental Investments The Group’s strategic planning includes significant environmental investments based on Best Available Techniques and the modernization of the production process, in the context of sustainable development. In recent years, HELLENIC PETROLEUM seamlessly continued the implementation of two important investments of € 1.5 billion for the modernization of Elefsina and Thessaloniki refineries. During their operation products in accordance with the new European and international standards shall be produced; thus achieving improvement of the environmental performance by reducing local pollutants by 85% and 55% for Elefsina and Thessaloniki, respectively The Thessaloniki refinery’s project was completed whereas the Elefsina refinery’s project is expected to be operational in 2012. Sheets (e-SDSs) contain in their annex the exposure scenarios for human health and environment. £ For the substances of tonnage band less than 1000 tn/ yr for which registration dossiers will be submitted within the deadlines of REACH article 23, and those substances which are classified under CLP - but exempted from REACH registration - the CLP notifications have been submitted to ECHA. £ Monitoring of the authorisation process launched by ECHA. More details on the REACH implementation project in the link: http://admin.elpe.gr/Uploads/resource/REACH%20 compliance-MAY%202012_EN.doc Additionally in <strong>2011</strong>, the environmental investments dudgeted at € 4.95 mil. and concerned improvements modernisation and processes upgrading, affecting the Group's environmental performance, see table 4.9.1. Moreover, for the period 2012 - 2016, the scheduled environmental investments budget at € 14.67 mil. (table 4.9.2). The scheduled projects include the adoption of the best available techniques, energy efficiency systems and approaches for the environmental protection, with the reduction of emissions and the upgrading of the wastewater treatment. The schedule, indicatively, includes works such as installing antipollution technology for particulate emissions, new gas turbines, modernizing treatment plant effluent, replacing old boilers, etc. Environmental Performance 39
<strong>Sustainability</strong> <strong>Report</strong> <strong>2011</strong> 40 Table 4.9.1: Environmental investments per facility (<strong>2011</strong>) Investments per facility ΒΕΑ ΒΕΕ ΒΕΘ ΕΚΟ and HF ΕΚΟ SERBIA HELLENIC PETROLEUM CYPRUS TOTAL Investment in € 2,508,517 707,901 821,300 796,924 26,750 85,000 4,946,392 Table 4.9.2: Approved environmental investments per facility (2012-2016) Investments per facility ΒΕΑ ΒΕΕ ΒΕΘ ΟΚΤΑ ΕΚΟ and HF TOTAL Investment in € 7,658,248 3,000,000 2,588,000 300,000 1,122,500 14,668,748