SOCIAL RESPONSIBILITY

One of the top priority actions undertaken by Petroflex in 2002 was the implementation of outreach programs, with which the company is deeply engaged.

Addressed mainly to communities surrounding its three plants, these projects focus on social and environmental education, in addition to capacity-building sessions for young people, income generation and healthcare, all conducted and/or backed by the company, and in many cases assisted by the support of NGOs.

Through to December 2002, these projects had already absorbed R$ 927,000 as part of a total of R$ 3.8 million that Petroflex has promised to invest through to year-end 2004, with the financial backing of Brazil's National Social and Economic Development Bank (BNDES).