Infineum, a global leader of fuel and lubricant additives, held a ceremony with the Zhangjiagang Free Trade Zone on 8 January 2020 to mark the signing of the letter of intent to begin its integrated manufacturing base phase II project in Zhangjiagang, Jiangsu province.
Infineum Zhangjiagang plant first began production in March 2016, as the company’s first wholly owned blending plant in China. Phase I covers an area of 100,000 square metres and can produce 100,000 tonnes of lubricant additives per year. Phase II, a multi-million US dollar investment will cover an area of more than 130,000 square meters and will increase capacity to ensure Infineum can meet the rising demand for high-end lubricants in China and the Asia-Pacific region.
The Phase II signing ceremony, held at the Jiyang Lake Hotel in Zhangjiagang, was attended by distinguished representatives from the Zhangjiagang municipal government, including: Mayor of ZJG Municipal Government Mr. Pan Guoqiang and Standing Member of ZJG Municipal Party Committee, Deputy Secretary of ZJG Free Trade Zone Party Work Committee Mr. Shi Xixian. The ceremony was also attended by Infineum senior leaders, including: Trevor Russell, CEO, Philippe Creteur, EVP of Global Sales, and Mike Chen, Infineum China President.
Mr Chen commented “We are excited about this significant milestone in our China business expansion. The long-term trust and support of our customers as well as our industry partners are a cornerstone of Infineum’s continued growth in China. Through close ongoing collaboration, we remain committed to furthering the sustainable development of China’s transportation industry and serving the market with high-quality, high-value products and technologies.”