Singapore plant lubricates expansion abroad

Sinopec arm rides BRI, advantages of geography and price, for edge in more than 20 overseas markets

"The Belt and Road Initiative proposed by China promotes regional economic cooperation and coordinated development, and offers new opportunities for Chinese enterprises to go global," said Gu Xin, general manager of the international department of Sinopec Lubricant Co Ltd, at a recent lubricant promotion meeting in Thailand.

Gu is also in charge of the company's subsidiary in Singapore, Sinopec's first lubricant plant outside China. The plant sits in the industrial park at Tuas at the southwestern tip of the island.