Chevron Oronite announced that it has recently completed the registration of a wholly foreign-owned enterprise (WFOE) in Ningbo, China. The establishment of Chevron (China) Chemical Co., Ltd as a WFOE is a critical milestone as Oronite advances its plans to establish a manufacturing facility in Ningbo as announced earlier this year, the company said.
The project timeline currently calls for blending and shipping activities to begin in 2020. All Oronite product manufacturing and sales activities in China will eventually be conducted under the WFOE.
“Our ongoing and significant investments in China will continue to strengthen our ability to provide customers with the exceptional reliability that they will need to meet the escalating demand in this growing market,” said Jirong Xiao, vice president, Sales and Marketing, Chevron Oronite.
To help meet this demand, Oronite continues to expand its automotive field test and bench testing capabilities in China, both in the heavy-duty and passenger car segments. In addition, the company leverages its technology center in Omaezaki, Japan, to offer a full range of formulation expertise and testing capabilities from bench tests to engine dynamometer testing and to complement the product and technology work already underway in China.
The Shanghai center of expertise helps coordinate the increasing resources that are required to support Oronite’s research and testing activities for the China market.
“As lubrication technology rapidly evolves in China, Oronite is well prepared to provide innovative additive solutions to our customers, along with the necessary in-country technical support to help them navigate the emerging needs of the market,” said Jerry Wang, technology manager – China, Chevron Oronite.
Chevron Oronite Company LLC is an indirect, wholly-owned subsidiary of Chevron Corporation. Collectively, Chevron Oronite Company LLC and other companies in the Chevron Oronite business unit are a leading developer, manufacturer and marketer of fuel and lubricant additives, helping provide solutions to customers globally.
Headquartered in San Ramon, Calif., U.S.A., Chevron Oronite maintains three regional offices in Houston (Americas Region), Paris (Europe-Africa-Middle East Region), and Singapore (Asia-Pacific Region); manufacturing sites in Belle Chasse, La., U.S.A., Gonfreville, France, Singapore, and Mauá, Brazil; an affiliated blending and shipping plant in Omaezaki, Japan; and interests in additive companies in India and Mexico.