2012 is an important year for China’s “Twelfth Five-Year Plan". China`s economic growth rate will gradually decline so that the demand growth of lubricant will also ease. With the slowdown, the competition in lubricant industry will be more intense! Facing domestic and international complex economic situations, under the background of China’s economy transformation with energy conservation and environment protection, it is especially important for lube industry enterprises to continuously strengthen their technical Know-how, reduce...