Lubricant Industry Responsibilities and Actions

With the increasing attention and attention from the world to environmental protection, the harmony between economic development and the environment has become the self-pursuit of all countries in the world. The products with high environmental performance are not only the basic conditions for the company’s own survival and the prerequisites for occupying the local market, but also become preconditions for entering the international market, especially the European and American markets.

China was one of the first countries to sign the Kyoto Protocol and the UN Framework Convention on Climate Change. Our government promises to reduce emissions by 40% to 45% by 2020 on the basis of 2005. Energy conservation and emission reduction have not only become important indicators for assessing the scientific development of enterprises and changing the mode of development, but also are hard indicators that must be completed. In the aspect of automotive exhaust gas treatment, China will fully implement the comprehensive upgrade of China's gasoline and diesel standard to China III in 2010. The pace of China's refined oil products catching up with the advanced world level is accelerating. The mandatory implementation of Euro III and Euro IV standards will greatly reduce the emission of various pollutants from vehicles. This has led auto manufacturers to actively adopt various new technologies, such as reduction in exhaust gas circulation, diesel particulate traps, delayed injection, etc. Or filter contaminants.

Lubricating oil is an indispensable liquid spare part for automobiles and machinery equipment. As the vanguard of China's lubricants industry, Sinopec Lubricant Company always adheres to the strategy of “high-end winning”, relying on the overall advantages of Sinopec and well-established cooperation with world-renowned additive companies to make great efforts in developing high-end lubricant products. Actively make fundamental changes to the engine oil process technology and formulation, vigorously develop low-sulfur ash, low-phosphorus, low-sulfur, long-life, more adaptable engine oils and related products that can help reduce vehicle pollutant emissions. Great Wall Lubricants has launched the "Jinjixing" series of gasoline engine oil and "Zunlong" series of diesel engine oil products, which can well meet the requirements of environmentally friendly engine technology on the performance of lubricants. On this basis, Sinopec Lubricating Oil Company has also developed a new product, SCR Tail Gas Absorber, to reduce the nitrogen oxides in the exhaust gas of diesel vehicles. The first batch of products have successfully gone offline on August 5 and are about to enter the market. .

Environmental protection and energy conservation are two major themes facing the world today. The implementation of State III and State IV emission standards are two steps that the lubricant industry must face. There is a famous saying: "Historical demand is the real driving force for the development of science and technology." China's lubricant industry, represented by Great Wall Lubricants, will surely respond to the needs of the times and continue to develop more energy-saving and environment-friendly lubricant products.

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