Approved by the Shaanxi Provincial Civil Affairs Department, the Shaanxi Lubricant Industry Association was grandly established on March 16.
With the implementation of the national “all the way†economic strategy, the rapid development of Shaanxi's automobile industry and high-end equipment manufacturing industry, the lubricant industry known as “industrial blood†has also grown. It is reported that the annual output value of the lubricating oil industry in Shaanxi Province has exceeded 4 billion. The production and sales are distributed throughout the province. However, the brands are complicated and the products are different. Each lubricant company has its own policies and it is difficult to form a joint force. Therefore, foreign companies have long seized the share. The development of local enterprises is lagging behind, and the industry needs to be standardized. In order to integrate the lubricant industry resources, the province's lubricant companies, Xi'an Leon Petrochemical Co., Ltd., Shaanxi Yinuo Energy Technology Co., Ltd. and other lubricant industry companies jointly launched the Shaanxi Lubricant Industry Association, which It is also the first professional association in the lubricant industry established in the west. The establishment of the association will effectively integrate the existing production resources of the lubricant industry, which will help to further improve the specifications of the lubricant industry, create an orderly competition between the regional peers, and improve the competitiveness of the province in the same industry across the country.
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