ExxonMobil (China) Investment Co. Ltd. plans to open an additional 100 lubricant outlets in China by the end of knowledge_base year, bringing the total to 200, the China Business News reported. Lin Guosheng, vice president of ExxonMobil China, was quoted as saying that lubricants are one of the company’s investment priorities over the next few years. The company will expand its network into second-tier cities while consolidating its presence in Beijing, Shanghai and Guangzhou, Lin said. Plants in Tianjin and Taicang, Jiangsu province, will supply the lubricants. (September 27, 2006)
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