On June 3, 2015, Shell announced the opening of its business center in Shanghai, and most of the downstream operations of Shell China Group will be relocated to the center, including lubricants business, shipping products, asphalt, chemical product sales, and group procurement business. . In addition, this business center also includes a training center called Shell Shanghai University, which is a technical training institution for Shell's more than 4,000 dealers nationwide.
According to Ge Sibo, executive vice president of global business operations downstream of Shell Group, the establishment of the business center will strengthen Shell's existing business network in China. Shell's business segment is divided into upstream (oil and gas resources exploration and development) and downstream (all kinds of oil sales and related services). Lubricant sales are the largest of Shell's downstream operations in China. China is also the second largest market for its lubricants after the United States, and will soon be expected to surpass the latter.
Ge Sibo said that at present, Shell's share of the lubricants market in China can account for 12%. After rapid growth in recent years, China can now account for 46% of the Asian lubricants market. “Over the past few years, Shell Lubricant's business in China has been growing rapidly, and it is a speed that we are very satisfied with,†said Glasber.
It is worth mentioning that Haibo, chairman of Shell China Group, revealed at the press conference on the 3rd that due to its upcoming transfer to London to participate in Shell's acquisition of British Natural Gas Group (BG), the chairman of Shell China Group will be succeeded by Zhang Xinsheng and the appointment time will be down. month. Zhang Xinsheng joined Shell in 2011 and is currently the vice president of international business development for Shell China Group.
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