On March 27, 2015, Long Hao Technology and Afton, a global leader in additive technology, formally signed a strategic cooperation agreement in Tianjin on additive procurement and co-construction of automotive lubrication energy-saving technology centers. This is also the case of Longxie and Formosa Plastics, SK, and Angstroms. After reaching strategic cooperation agreements for base oil purchases, Xenzymes once again formed a strategic partnership with the world's leading lubricant raw material suppliers.
Longxi and Afton form a strategic partnership to complement each other
Afton Chemical is a leading global lubricant additive manufacturer with production facilities in the United States, Canada, Europe, South America, and Singapore. Over the years, Dragonfly and Afton have established a good relationship of cooperation. With the continuous expansion of the market share of Longxi and the continuous deepening of the technical cooperation relationship between Afton Chemical, both parties agreed to increase their relationship to a comprehensive strategic cooperation height, in addition to the long-term supply guarantee of additives. A comprehensive and long-lasting in-depth cooperation will be carried out on the research and development of energy-saving lubricants and product transformation.
Longxi and Afton form a strategic partnership to complement each other
At the signing ceremony of the day, Feng Yongming, General Manager of Asia Pacific of Afton Chemical Company and Shi Junfeng, Chairman of Longxu Technology, respectively delivered speeches on behalf of the companies. Subsequently, Feng Yongming, General Manager and Shi Junfeng, Chairman of the Board, jointly established the “Lubrication of Automobilesâ€. Energy Technology Center" unveiled.
The strategic agreement reached between Longjing and Afton Chemical is not only an important part of Longquan's strategy for strengthening global sourcing, but also means that Longquan will be able to obtain high-quality additive resources globally in a more convenient manner. The stability of raw material supply for high-end lubricating oil products provides a strong guarantee, and it also indicates that Longxi has received strong backing support for the development of new energy-saving lubricating oil products.
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