Evonik and Tongyi Petrochemical Establish Collaboration for Eco-Friendly Lubricants

In a strategic move to advance the low-carbon development of lubricants and drive the industry towards sustainability, Evonik has partnered with Tongyi Petrochemical, China’s foremost lubricant producer. Together, they aim to create a range of sustainable lubricant solutions tailored to meet the evolving needs of the industry.

This collaboration leverages Evonik’s expertise in high-performance, eco-friendly oil additives, and Tongyi’s proficiency in oil production and market insights. Their joint efforts will focus on introducing cost-effective, high-performance products for automotive lubricants, industrial gear oils, and renewable energy sectors such as wind power. Furthermore, the partnership will explore solutions for the expanding new energy vehicles market.

A key priority of this alliance is to reduce carbon emissions across the supply chain, spanning from raw material sourcing to packaging material selection. The objective is to optimize supply chain management and promote the low-carbonization of the industry’s value chain.

Maggie Lu, head of Evonik Oil Additives Asia Pacific region, expressed her enthusiasm for the partnership, highlighting their commitment to providing sustainable solutions for the industry. She emphasized the honor of collaborating with Tongyi, a domestic industry leader, and looked forward to delivering enhanced value to customers while contributing to environmental protection and industrial upgrading.

Li Jia, general manager and CEO of Tongyi, echoed this sentiment, affirming Tongyi Lubricants' dedication to green product development and production. He expressed confidence that cooperation with Evonik would accelerate product innovation and market expansion, aiding in achieving low-carbon development goals and offering solid support for the lubricant industry in meeting China’s dual carbon objectives.

This strategic cooperation comes at a time when environmental protection and sustainability are increasingly prioritized. It is anticipated that this partnership will unlock new opportunities for the lubricant industry, fostering a greener future through ongoing cooperation and innovation.

Tongyi Petrochemical, a subsidiary of China Cinda Group, is widely recognized for its lubricant brands like Tongyi Lubricants, delivering high-energy efficiency lubrication solutions across various sectors, including new energy vehicles, motorcycles, engineering machinery, mining, agriculture, shipping, industry, and railways.

Evonik, a global leader in specialty chemicals, operates in more than 100 countries, boasting substantial sales figures and employing over 5,000 individuals across more than 50 sites in the Asia Pacific region alone.

The detailed article published by www.fuelsandlubes.com can be accessed from https://www.fuelsandlubes.com/evonik-and-tongyi-petrochemical-forge-partnership-for-sustainable-lubricants/

Image Source: Photo courtesy of Evonik