Sinopec Lubricant (Singapore) Pte Ltd was established on May 12, 2010. It is the first overseas lubricant production plant in China also the first overseas production and sales base in China's lubricant industry. The registered capital is 25.575 million US dollars.
In May 2013, Sinopec with Shell and Total invested to form a joint venture to build a terminal with an annual handling capacity of approximately 1.8 million tons and a base oil and lubricant tank area with a total tank capacity of approximately 200,000 cubic meters. It was officially operational in January 2016.
The company specialized in production, sales and related technical services of lubricant. The business scope mainly includes international distribution market development, marine oil market development and base oil/additive trade. The products are sold to 53 countries and regions such as Australia, New Zealand, Malaysia, Philippines, Sri Lanka, Pakistan, Vietnam and Hong Kong. The marine lubricant supply network covers 14 ports including the United States, Japan, South Africa, Greece and the Middle East.