日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Chinese lubricant demand drives Sinopec Singapore unit

By Zheng Xin in Singapore | China Daily | Updated: 2017-05-14 16:23
Share
Share - WeChat

Workers at the Sinopec Lubricant (Singapore) Pte Ltd plant. The company's revenue reached 1.5 billion yuan ($217.5 million) at the end of 2016. [Photo/Xinhua]

China Petrochemical Corporation's first lubricant plant outside China - Sinopec Lubricant (Singapore) Pte Ltd - has continued its rapid growth and expansion by increasing business with Chinese companies overseas, according to one of the company's senior executives.

The company said that thanks to the Belt and Road Initiative, the plant - located at Tuas in the south western tip of Singapore - has been actively supplying China's aerospace, ocean shipping and heavy machinery businesses abroad, providing these sectors with lubricant and other chemicals support.

With a line of business that includes production of lubricating oils and greases, the unit's revenue reached 1.5 billion yuan ($217.5 million) at the end of 2016.

"Thanks to the Belt and Road Initiative, Chinese companies are embracing broader platforms for expansion and are entering a golden age of development," said Deputy General Manager Xia Peng.

Xia said his company had witnessed an expansion in business done with Chinese companies overseas, including Sany Heavy Industry Co Ltd and Xuzhou Construction Machinery Group.

"Increasingly Chinese companies are expanding their businesses abroad, which also provides us with more opportunities to expand our products," he said. "It's a win-win for all of us."

His group began supplying Xuzhou Construction Machinery in 10 key foreign markets, and now is planning to gradually expand this to 174 countries, including those in Central Asia and Africa.

The unit cooperated to supply specialist oils for Sany's Southeast Asia operations. The two parties will carry out branding, product promotions and customer maintenance in Singapore, Malaysia, Indonesia and Thailand.

German luxury automaker Mercedes-Benz AG recently chose Sinopec's Great Wall lubricant as its global lubricant supplier for the first time.

The company said that with its Great Wall lubricants, which hold technology certifications from more than 90 percent international major automakers - it had become the strategic partner of many world-class companies including Siemens AG and Burckhardt Compression AG.

The global oil market has long been monopolized by the likes of international oil majors Royal Dutch Shell Group, Exxon Mobil Corp, Chevron Corp, Castrol Ltd and Total SA.

In response, Sinopec signed long-term supply deals with domestic maritime companies in 2009, aiming to break the monopoly.

Sinopec Lubricant (Singapore) was founded in an attempt to take advantage of its location in an Asia-Pacific regional hub, enabling Sinopec to better serve the needs of its customers in Southeast Asia, Australia and New Zealand.

It was considered a major milestone for Sinopec and seen by the company as key to its global expansion plans considering its closeness to the Strait of Malacca, which is also why most key oil companies set up plants in Singapore.

The plant has installed production capacity of 100,000 metric tons of lubricant per year and produces high-end products to meet the increasing regional demand for high-grade lubricants and grease.

"The Singapore plant will further boost Sinopec's lubricant influence and international competitiveness," Xia said.

So far, Sinopec's lubricant business has expanded its distribution network to more than 50 countries and regions in Southeast Asia, Australia, Europe, South America and Africa.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产在线不卡一区 | 国产精品99久久久久 | 精品毛片 | 欧美精品国产制服第一页 | 亚洲精品免费在线 | 成人免费视频一区 | 日本小网站 | 色狠狠色综合吹潮 | 在线精品小视频 | 红杏网站永久免费视频入口 | 国产一区二区三区久久久久久久久 | 三级 在线播放 | 欧美一区久久 | 日本精品久久久久中文字幕2 | 日韩有码在线观看 | 日韩在线精品视频 | 天天在线欧美精品免费看 | 精品一卡2卡三卡4卡乱码免费 | avtom影院入口永久在线观看 | www噜噜偷拍在线视频 | 日韩三级欧美 | 99在线精品视频 | 激情国产| 久久艹免费视频 | 欧美―第一页―浮力影院 | 韩国女主播青草在线观看 | 在线播放日本爽快片 | 丁香婷婷网 | 亚洲w码| 欧美男女交配 | 国内精品美女久久久久 | 久久久综合 | 成人app色深夜福利 欧美电影一区 | 亚洲免费观看视频 | 久久久久99 | 四虎884aa永久播放地址http | 久久综合九色综合97婷婷群聊 | 天天天天射 | 亚洲AV在线无码播放毛片浪潮 | 香港三级大全 | 好看的中文字幕在线 |