Singapore's oil giant Rocky Mountain has put its production base in western China on Chongqing. Yesterday, the reporter was informed that on March 5, Rocky Mountain Petroleum Group's Chongqing Shuangqiao District Lubricant Production Base formally laid the foundation and it is expected to be completed and put into operation next year. “The unique Western Development Preferential Policy and the unique logistics advantages allowed us to choose Chongqing.†Guo Yongping, chairman of Xiamen Rocky Mountain Group, said that the Xiamen Rocky Mountain Petroleum Group was formed by Singapore Rocky Mountain Petroleum (Asia) Co., Ltd. The introduction of Chinese enterprises mainly deals with the wholesale and retail of petroleum products, and the production and sales of lubricants. Singapore’s Rocky Mountain Petroleum plans to build three production bases in China’s western, eastern and northeastern regions. The Western Base has settled in Chongqing and is a resource for Chongqing’s “golden waterwaysâ€. Guo Yongping said that all the raw materials used to produce lubricating oil depend on imports. In many modes of transport, water transportation costs are the lowest. It is understood that after the Xiamen Rocky Mountain Petroleum Group settled in Chongqing, it will successively invest in the construction of an oil R&D center, lubricant production, and a thematic market in the Shuangqiao Industrial Park, with a total investment of approximately 1.5 billion yuan. At present, the two projects of oil product R&D and lubricant production have officially started construction with a total investment of approximately 500 million yuan, and are expected to be completed and put into operation next year. The person in charge of the Shuangqiao District stated that the Rocky Mountain Petroleum Project has settled in Shuangqiao, filling the gap in the production of high-grade lubricants in the western region. After the completion of the project, annual sales income will reach about 1.5 billion yuan. Chief Engineer of Chongqing Luojishan Petrochemical Chongqing Base stated that Singapore Rocky Mountain Petroleum is one of the largest lubricants production suppliers in Asia. Products are Porsche, Mercedes-Benz, BMW, Volkswagen (Audi), Regal (VOLVO) and other high-end automobiles and confidential. Instrument, high-end manufacturing equipment selection. It is understood that after Rocky Mountain Lubricants is localized in Chongqing, although the raw materials still need to be imported, the price of the products will be reduced by about 10% compared with that before. Machines And Equipments Casted Parts Machines And Equipments Casted Parts,CNC Machining Castings, Machine Equipment Castings,Aluminium Investment Casting Dongying Highco Metal Manufacturing Co.,Ltd. , https://www.highco-metal.com