On May 14, four executives from LMG Developments PTY Ltd. paid a business visit to SINOPEC Lubricant Company. The parties held talks on a cooperative business arrangement in Australia, and signed a three-year partnership agreement.

Mr Piet Jarman (fifth from left), chairman of LMG Developments, and his colleagues were accompanied by Mr Li Liangyao (fourth from left), vice president of SINOPEC Lubricant Company, on a visit to the company’s exhibition room.

LMG Developments is a subsidiary of the Australia-based GRAHAM Group, which has extensive networks in Australia’s heavy industry sector. To facilitate the familiarization of industrial enterprises and lubricant sales channels in Australia with SINOPEC generally, and with SINOPEC lubricants and related services specifically, the agreement specifies that collaboration between the parties will gradually extend to mroe key industrial and transportation customers throughout Australia.

Since early this year when senior management from SINOPEC Lubricant Company visited Australia and New Zealand for market development purposes and to meet with customers, SINOPEC Lubricants has maintained stable growth in the region. Despite the global financial crisis, the skills and expertise developed over decades of involvement in China’s aerospace industry and as a leading provider of technology to almost 100 well-known auto and industrial OEMs at home and abroad, and by virtue of the industry-leading status of the parent SINOPEC (a Fortune 500 company), SINOPEC Lubricants is confident it will continue to forge partnerships and associations with lubricant dealers and users in Australia.