On September 6, 2013, another subsidiary of Longxi Petrochemical and Longxi Lubricating New Material (Tianjin) Co., Ltd. held a groundbreaking ceremony. As the largest production base of Longxi in the north of China. The fixed assets of the project will reach 600 million yuan and the total investment will exceed 2 billion yuan. Relevant leaders from Tianjin and Jiangsu Province were invited to attend the foundation laying ceremony. The annual design capacity of Longxi Lubricating New Material (Tianjin) Co., Ltd. is 200,000 tons of lubricants , 100,000 tons of automotive exhaust gas reductant, 100,000 tons of antifreeze, 80,000 tons of raw materials and finished product energy storage, and 5000 square meters of R&D center area. Meter. After the company is completed, it will eventually achieve an annual sales volume of over 5 billion yuan. Automobile exhaust reducing agents (AdBlue) is a commercial vehicle in line with China IV standards necessary in the process of moving a consumable nitrogen oxides from automobile exhaust can be decomposed into harmless nitrogen and water in the environment. Therefore, this product will become a rapid growth point in the environmental protection field of commercial vehicles after it began to implement the National Standard for Commercial Vehicles on July 1 this year. The subsidiary of Lancome, Sinopec, is the largest manufacturer of automotive exhaust gas reductants in the country and even in the Asia-Pacific region, with a market share of more than 70% in the domestic automotive industry. After the 100,000 tons of automobile exhaust gas reductant project of Longxi Lubricating New Material (Tianjin) Co., Ltd. is put into operation, it will effectively meet the sharp increase in the domestic market demand for this product within the next two to three years. At the foundation laying ceremony of the new factory, Shi Junfeng, general manager of Longxu Petrochemicals, said that Tianjin’s unique geographical advantages and deepwater ports ultimately led Long Hao to settle down here. After Longyan Lubricating New Material (Tianjin) Co., Ltd. is put into production, it will have the opportunity to enjoy the positive promotion effect brought by the rapid development of Tianjin Binhai New Area, which will enable the company to quickly become profitable. After the Tianjin plant is put into operation, the strategic layout of Longxi will be further improved. Long Hao will also use this as an opportunity to provide higher quality and more competitive products and services for the majority of automobile users nationwide. Leaders of relevant government departments from Tianjin and Jiangsu, representatives of distributors, suppliers, and some employees and media from all over the country attended the groundbreaking ceremony. Knitted Shoes
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