Strong Alliance for Win Win Cooperation | Shandong Libai Petrochemical Co., Ltd. Signed a Deep Strategic Cooperation Agreement with German Yingchuang Additive Company

On March 19, 2025, Mr. An, the President of the Asia Pacific region of Germany's Innolux Additive Company, led a team of elite technical experts from Innolux to visit Shandong Libai Petrochemical Co., Ltd. and officially signed a strategic cooperation agreement. The two sides will carry out in-depth cooperation in multiple dimensions such as lubricant formula research and development, high-end additive customization, product quality upgrading, technology co construction, market collaboration, and supply chain stability, and work together to improve the layout of the lubrication industry chain, and help promote high-quality development in industrial manufacturing, automotive lubrication, engineering machinery and other fields.

In the agreement, both parties have reached a consensus to jointly establish a formula research and development team, focusing on automotive lubricants, industrial gear oils, hydraulic oils, special lubrication products and other directions, to jointly develop a new generation of lubrication solutions that are compatible with national standards and low-carbon environmental protection, especially in the fields of low-temperature hydraulic oil and polar cold hydraulic oil, to achieve data exchange and information sharing, break the technological monopoly, and fill the blank market

The signing ceremony came to a successful conclusion in an atmosphere of win-win cooperation. Both leaders stated that they will take this cooperation as a starting point, unite and work together to create new value and a new future for the lubrication industry.