Yuangen Petrochemical, a key member of our association, won the "2023 Outstanding Business Elite" award from Shantui Shares

Recently, the 2024 Supplier Conference for the Construction Machinery Division of Shandong Heavy Industry Group was held in Jinan, Shandong. At the meeting, Shandong Yuangen Petrochemical Co., Ltd. (hereinafter referred to as "Yuangen Petrochemical") was awarded the "2023 Outstanding Business Elite" award by Shantui Co., Ltd. for its excellent product quality and high-quality service quality.

The company representative went on stage to receive the award (fifth from the right)

The current construction machinery industry is facing factors such as cyclical downturn and market turbulence. In the fierce market competition, Yuangen Petrochemical has always adhered to the development concept of "we want to be the best lubricant in the world", continuously promoted the construction of high-end construction machinery lubricant production bases, adhered to the path of high-quality development, adhered to innovation, overcome difficulties, practiced quality service to the market, and helped the construction machinery industry explore new development prospects.

After years of cyclical adjustments in the construction machinery industry, the market trend has shifted from an incremental market to a stock market. The continuous growth of equipment ownership has gradually shifted more profit margins to corresponding service areas. In 2023, Yuangen Petrochemical will continue to strengthen product research and development, improve quality and service in the field of engineering machinery oil products, and achieve extraordinary results. This is not only a reflection of the outstanding business capabilities and efficient work style of all Yuangen employees, but also the market's recognition of Yuangen's product quality, after-sales service, and brand reputation.

As a leading enterprise in China's lubricant industry, Yuangen Petrochemical has always been driven by technological innovation and committed to providing comprehensive, systematic, and professional lubrication solutions to global customers. It takes it as its responsibility to create a national brand of lubricants and promote the green development of Chinese manufacturing.

The project of Research and Application of Key Technologies for Energy Saving and Environmental Protection Diesel Engine Lubricants completed by the company, as a leading talent project in Mount Taishan's industry, has broken through several key technologies such as anti-wear agent, composite additive key, base oil, etc., solved the difficulties and key problems of industrialization demonstration, developed energy saving and environmental protection lubricants with low cost, multi-function, high stability, and self-healing function, promoted the transformation and upgrading of lubricating oil products to the direction of energy saving and environmental protection, accelerated the establishment of energy saving and environmental protection lubricating oil research and development system, provided research and development conditions and project resources support for the technological progress of the industry, won the first prize of the "2023 Shandong Equipment Manufacturing Industry Science and Technology Innovation Award", and played a good demonstration and driving role for the high-quality development of the industry in the province.

Yuangen Petrochemical

Information source: Yuangen Petrochemical official account