From now to 2015, the needs for lubricating oil in China market will increase by 3.5% per year, which means China will be the fastest growing market for lubricating oil followed by India around global. It¡¯s estimated China will be the largest consumer for lubricating oil products followed by U.S. in the world by 2020. Meanwhile, data from China Lubricating Oil Society show that industrial lubricating oil will be the fastest growing product in China.
Chongqing, one of four municipalities directly under th...
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