Sinopec
Sinopec Lubricant (Singapore) Pte Ltd was established on May 12, 2010. It is the first overseas lubricant production plant in China also the first overseas production and sales base in China’s lubricant industry.
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Sinopec
Sinopec Lubricant (Singapore) Pte Ltd was established on May 12, 2010. It is the first overseas lubricant production plant in China also the first overseas production and sales base in China’s lubricant industry. The registered capital is 25.575 million US dollars.
In May 2013, Sinopec with Shell and Total invested to form a joint venture to build a terminal with an annual handling capacity of approximately 1.8 million tons and a base oil and lubricant tank area with a total tank capacity of approximately 200,000 cubic meters. It was officially operational in January 2016.
The company specialized in production, sales and related technical services of lubricant. The business scope mainly includes international distribution market development, marine oil market development and base oil/additive trade. The products are sold to 53 countries and regions such as Australia, New Zealand, Malaysia, Philippines, Sri Lanka, Pakistan, Vietnam and Hong Kong. The marine lubricant supply network covers 14 ports including the United States, Japan, South Africa, Greece and the Middle East.
Shares are divided equally between Aksoy İnternasonal and BMO Company 50% to 50%.
Additionally, we have branches in several other places. Azerbaijan, particularly Turkey, is among the countries we collaborate with. Every firm inevitably has challenges in its early stages, but the satisfaction of achieving success helps to overshadow the setbacks of failure. Persisting and making efforts even after experiencing setbacks leads to remarkable achievement. At the age of 20, I embarked on this endeavor alongside my father, benefiting much from his expertise and mentorship. I encourage all individuals, including both young people and adults, to persistently pursue their dreams without giving up. Iraq offers abundant employment prospects for everyone. However, the most crucial aspect is to put in effort and not give up. Iraq is a nation that has numerous opportunities, is experiencing growth, and has abundant natural resources. However, it predominantly functions as a consumer rather than a producer
Producers of engine oil products can capitalize on the market potential in Iraq, as these products have a substantial market share in the country’s economy. In response to this market, BMO has launched an ambitious business plan and is determined to expand its market share. We aim to collaborate with our suppliers and partners to integrate advanced technology, enabling us to deliver superior-quality oil products to our clients and guarantee their utmost happiness. In addition, we adhere to the established criteria and moral principles of market business rivalry, extending an invitation to anyone to accompany us on this venture. BMO is a petroleum firm that employs long-term tactics. Allocate resources to it and anticipate a more promising future.