Beijing, January 28th, 2011 - China Petrochemical Corporation, the parent of Sinopec, said Friday its lube oil sales amounted to 1.6 million metric tons in 2010, up 22 percent over the figure of 1.3 million metric tons registered in 2005 and pocketing one-third share of the top- and medium-grade lube oil market in China.
The company's annual lube oil sales revenue has seen a rise of 87 percent during the 11th Five-Year Program (2006-2010), while the profit increased by 12.59-fold during the period.
Sinopec leads the domestic market in packed lube oil sales. During 2006-2010, its annual packed lube oil sales increased by 61 percent, while its top and medium grade lube oil sales was up about 107 percent. - Xinhua News Agency
The company's annual lube oil sales revenue has seen a rise of 87 percent during the 11th Five-Year Program (2006-2010), while the profit increased by 12.59-fold during the period.
Sinopec leads the domestic market in packed lube oil sales. During 2006-2010, its annual packed lube oil sales increased by 61 percent, while its top and medium grade lube oil sales was up about 107 percent. - Xinhua News Agency
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