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ĦĦĦĦBeijing Lu Hai Yuan Petro-Chemical Company Ltd. is one of China's leading private companies specializing in petro-chemicals and oil field chemicals.
The company was founded in 1996, by a team of engineers with extensive technical and marketing experience. The company has experienced consistent and rapid growth since inception. The annual sales turnover of the company is approximately 1billion RMB (US$150 million).
The head office of the company is located in the Asia Games area of Beijing, where most of the major oil companies and their subsidiary offices are located. The production and storage facilities for the company are located in South Beijing. They are serviced with rail way, have storage tanks with a total of 30,000 m3 capacity, advanced research and testing facilities, and high efficiency work shops.
The company is proud of its energetic and highly educated employees who are central to the success of the company. 80% of the employees hold bachelor degrees or higher. They also have extensive experience in research, manufacturing and marketing.
The company's products can be classified into commodity and specialty products. The commodity products of the company are mainly lubricant oils. The specialty products of the company are mainly oil field chemicals.
In its commodity business, the company has become one of the biggest wholesalers of bulk lubricant oils in Northern China. The company has also developed significant business in commodity chemicals such as ethylene glycol and solvent oil.
In its oil field chemical business, the company has demonstrated its ability to develop a line of products that have gained strong success in the international marketplace. Years of research by the oil field chemicals team has enabled it to provide world class products in cementing and drilling mud additives.
The company regards advanced technology and customized technical services as its core competencies. Its oil field chemicals have been used in DaQing, ShengLi, HuaBei and ChangQing oil fields and exported to the Middle East and Canada. The oil field chemical team has met its objective to 'go global' while continuing to expand its domestic market share.
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