Lubricants Lubricants and SK Group of South Korea reached a three-year strategic cooperation

On July 29th, 2014, Long Hao Technology Chairman Shi Junfeng and his team arrived at the headquarters of SK Group in Seoul, Korea, and signed a three-year strategic cooperation agreement with SK Group to mark the cooperation between the two parties. Further strengthening.

Longxi Lubricants and Haoanguo SK Group reached a three-year strategic cooperation
Longxi Lubricants and Haoanguo SK Group reached a three-year strategic cooperation

As an important part of Longxi Lubrication's global procurement, Longxu has established a good and close relationship with SK Group over the years. Since 2009, with the rapid growth of sales volume of Longxi Lubricants, Longxu has signed long-term cooperation agreements with Formosa Plastics, ExxonMobil, and other energy giants for the procurement of base oils. This time, it has reached a strategic oil procurement strategy with SK again. The cooperation agreement is another important milestone for Longyan Lubricants to strengthen its raw material supply support capabilities. This also means that Longquan will obtain high-quality base oil resources from a global scale in the future, thus providing a strong guarantee for the excellent quality and stable and reliable market supply of the products.

SK Group is the third largest company in South Korea after Samsung and Hyundai, and one of the top 500 companies in the world. It has 92 subsidiaries and affiliates and employs more than 30,000 people worldwide. SK's main business is in the fields of energy and petrochemicals. Its subsidiary SK Energy is Korea's largest integrated energy chemical company. Its Ulsan refinery has a processing capacity of 42 million tons of crude oil per year, and has maintained the largest refinery scale in the same industry in the world for many years.

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