Idemitsu open new lubricant production plant in China

Idemitsu to open new lubricant production plant in China

11:34 AM, 12th June 2019
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TOKYO, JAPAN: Idemitsu Kosan Co Ltd plans to open its second high-performance lubricants facility in Huizhou, China.

Completion of this new plant, a state-of-the-art facility with annual production capacity of 120,000 KL, is targeted for 2020.

As a result of the progress of the automotive and other industries, demand for lubricants continues to increase in China, already the world's largest lubricant market. Solid growth is projected for the future as well.

In the future as well, Idemitsu will continue aiming both to establish production and sales structures with deep roots in the Chinese market, and to strengthen and grow its business as a global supplier of lubricants.

© Worldofchemicals News

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