Ethical
Principles

Our ethical principles set the ground rules for all we do. We seek to achieve commercial success; our main challenge is focused on the harmonious balance of these principles
Honesty and Transparency

Strong commitment to trustworthy relation to its partners, involving confidence and zero late payment performance

Keeping our promises

We never commit to what we are unable to fulfil

Keeping our promises

We never commit to what we are unable to fulfil

Integrity

We adhere to high moral and ethical principles consistently applying them in all circumstances regardless of internal or external pressures

Compliance &
Code of Conduct

A thorough commercial and financial understanding of our counterparties enables us to better serve our clients while controlling our risk and adhering to our anti-bribery, anticorruption and anti-money laundering policies. Under our KYC procedures, our compliance team conducts due diligence for each new counterparty. Completion of KYC is mandatory prior to entering into any new contractual agreements with any counterparty

For counterparties who are looking to purchase from us under open account terms, an internal credit analysis is performed in conjunction with our KYC to determine payment terms that can be offered. Since inception, our business practices have been governed by integrity, transparency, honesty, fair dealing and in compliance with all applicable laws and regulations

Our reputation is a critical competitive advantage and as such, we are committed to abiding by the highest ethical standards of doing business. Adherence to PETCHEM’s Code of Business Conduct is mandatory for all personnel. The Code of Conduct has been developed on the basis of fundamental ethical principles and best practices of corporate governance. Our Code of Business Conduct sets requirements for professional conduct and is the foundation for our Company policies, procedures, and guidelines

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