News / Domestic largest private lubricant company builds a new plant in Tianjin
Date: 2013-09-13
Domestic largest private lubricant company builds a new plant in Tianjin
JiangSu Lopal Petrochemical Co., Ltd., the largest private lubricant company in China, announced the ground breaking ceremony for its subsidiary Lopal New Material Lubricant (Tianjin) Co., Ltd. based in Tianjin on September 6, 2013.
Lopal Petrochemical planned a total investment of more than 2 billion yuan in this new plant, with expected annual output value of 5 billion yuan, with the hope that Lopal New Material Lubricant should become the leading automobile exhaust reductant supplier in northern China.
Once put into operation, the plant will be able to provide 200,000 tons of oil, 100,000 tons of automobile exhaust reductant, 100,000 tons of antifreeze, and 80,000 tons of raw materials and finished products storage, so as to cater the expanding demand in domestic market in next 2-3 years.
A 5000-square-meter R & D center will also be bulit.
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