China's lubricants market: An insider's perspective

摘要

Formed in 2005, the Shanghai Lubricant Traders Association (STLA) is the largest and most active of three regional lubricant associations in China, with 140-member companies, of which 20 are national corporation or joint ventures, 20 foreign, the remaining from private organizations. The association play an important role in administering technical qualifications for lubricant industry staff, and in the dissemination of new, market information, government policies, and law reforms, through their independent website and the monthly Shanghai Lubricants Information Bulletin. Association President Y.D. Yu relates an assessment of the state of China's lubricant industry, citing several developments that have greatly influenced the country's lubricant market, including the internet and social media.