Sinopec opens first overseas lubricant plant in Singapore

Sinopec opens first overseas lubricant plant in Singapore

As part of Sinopec’s globalization plan, China's largest integrated energy and chemical group has opened a new US$ 106 million lubricant plant in Singapore.. The plant is Sinopec's first outside China and the company said it plans to set up more lubricant plants overseas. The Singapore plant will enable the company to serve customers in Southeast Asia, Australia and New Zealand, said Pei Wenjun, general manager of Sinopec Lubricant (Singapore).

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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