Handi Group unveils plan to become “fourth famous brand in China”
Wu Hanling, president of China’s Handi Group, spoke of his ambition for the company to become “the fourth famous [lubricant] brand in China,” at a recent gathering in Beijing, which included government and industry dignitaries.
He said the company is constructing a 500,000 metric tonne lubricant blending plant and R&D centre in Taicang, Jiangsu Province.
Handi Lubricant Technology (China) Co., Ltd. aims to integrate its upstream (base oil) and downstream (finished lubricant) production chain, he said.
At the event held on Sept. 14, Handi Lubricant Technology (China) announced 14 automotive lubricants and three anti-freeze fluids, which will be introduced to the Chinese market soon.