Valvoline to build $70M lubricants plant in Zhangjiagang, China

Valvoline plans to build its first plant in China, a 80,000-square-meter blending and packaging facility in Zhangjiagang, Jiangsu province, with about $70 million investment. Production is expected to begin by the end of 2020 with capacity above 30 million gallons of lubricants annually.

“With expected investment of approximately $70 million ( RMB 443 million ), it will also represent Valvoline's single largest blending plant investment worldwide.”investors.valvoline.com

• 1 source
• investors.valvoline.comValvoline - Valvoline Announces Investment in New Lubricants Plant to Meet Growing Demand in ChinaMay 2, 2018

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