The 20th anniversary of the establishment of the Lubricating Oil Business Unit of Taiwan's CNPC, the celebration of Thanksgiving 20, Rejuvenation was held at the Kaohsiung Junhong International Hotel today (19th). The event was strategically signed with the base oil and additive suppliers and announced the sea. The good news of using oil to obtain international certification, declares the determination of Taiwan PetroChina to continue to operate, and will continue to provide high-quality lubricant-related products in the future.
The 20th Anniversary Celebration of Taiwan's CNPC Lubricants Division was hosted by General Manager Li Shunqin and invited more than 200 people from various distributors, suppliers and customers of the Lubricants Division. Mr. Li thanked the upstream and downstream partners for their assistance to Taiwan PetroChina. Support and affirmation with support and related products.
Taiwan's Zhongyou pointed out that the Lubricating Oil Business Unit was established on March 16, 1999. It sells domestic and overseas markets with the dual-brand Guangneng Brand with Mission and Nikei, which is specialized in vehicle lubricants. Currently, it has a domestic market. More than 30 dealers, more than 600 direct-operated gas stations and many well-known hypermarkets provide the most complete, convenient and diversified sales services.
In recent years, the Lubricants Division has continuously carried out enterprise transformation and innovation reform. The Chiayi Production Plant started the five-year plan for the production equipment renewal. In 2016, it completed the unique automatic lubricant blending workshop in Taiwan, with an annual output of 90,000 metric tons. Significantly improve lubricant production efficiency and product quality. At the end of 2016, the grease production equipment renewal project was completed. Its production technology and production capacity are not only unique in Taiwan, but also second to none in Asia, with an annual output of more than 3,300 tons.
At the same time, the Lubricant Division has gradually established a good cooperative operation model with base oil and additive suppliers, procured various types of base oils and raw materials from home and abroad, and signed long-term contracts for procurement to stabilize supply and develop rubber softening oil and base oil triangle trade. The sales volume and revenue of the business division will be increased. Since 2018, the storage facilities will be built in Taichung Port in two phases to operate the import and export of base oils and additives.
In addition, marine oil is an important development direction for the Lubricants Division. Over the past three years, the certification team has overcome many difficult and complicated testing procedures and has obtained a number of important international certifications including MAN ES, WinGD, YANMAR, Daihatsu, Mitsubishi, KEMEL and Wartsila. The seal seal compatibility is certified by the same. The international certification of marine oil has made breakthroughs and is an important innovation indicator and model for Taiwan PetroChina. The future lubricants division will continue to promote the international certification of Guoguang brand marine oil to its own brand, in order to win the customers of marine oil and increase the sales volume of the business.
In addition to deepening the domestic market, the Lubricants Division is actively expanding its overseas Asia Pacific market. Currently, it has distribution bases and direct customers in mainland China, the Philippines, Indonesia, Vietnam, Myanmar and Cambodia. In order to break through the ASEAN regional trade barriers and establish a joint venture with domestic warehousing companies, Hongyue Liability Co., Ltd. is set up in Dong Nai province, Vietnam. It specializes in petrochemical storage receiving stations and lubricant blending plants. It is expected to start operations in the first quarter of 2021. . In the future, Lubricants will use the Vietnam Hongyue Company as the second production base to expand the overseas market territory towards the diversified international oil product trading model.
Source: Ministry of Economic Affairs R.O.C