ABSTRACT
This chapter looks at hazard management at PETROCHEM Corporation. Profitable corporation, PETROCHEM commands extensive financial and organizational resources that can be allocated to hazard management. The formulation of a conceptual risk assessment framework guides PETROCHEM's response to individual hazards. PETROCHEM uses a formal goal- and objective-setting process to direct its hazard-management program. PETROCHEM's occupational safety objectives include: decreasing the number of worker recordable incidents and injuries by at least 8 percent per year, and eliminating all industrial fatalities. PETROCHEM's internal regulatory system for hazard control closely parallels that of the public sector—with many of the functions, roles, processes, and conflicts to accomplish its corporate hazard management goals. The position of PETROCHEM hazard managers is to contest vigorously any proposed law or standard-setting activity in the legislative or decision-making process if the proposal is judged unreasonable or based upon faulty scientific evidence, data, or interpretation.
