Recently, the completion ceremony of the storage tank (base oil and glycol) project of Lopal Lubricating New Materials (Tianjin) Co., Ltd. (hereinafter referred to as "Tianjin Lopal") in Tianjin Industrial Park was held in Tianjin Port Free Trade Zone. After being fully put into use, Tianjin Lopal storage tank project will become a heavyweight lubricating oil and antifreeze raw material storage base in Beijing-Tianjin-Hebei region, fully meeting the storage needs of the lubricating oil industry.
　　As a wholly-owned subsidiary invested by Jiangsu Lopal Technology Co., Ltd. in Tianjin Port Free Trade Zone, Tianjin Lopal mainly undertakes the heavy task of production of lubricating oil, antifreeze, urea solution for automotive use, blow molding packaging and many other products of the parent company Lopal. In the Tianjin Lopal storage tank project, 50 storage tanks were designed, with a total storage capacity of 60,000 cubic meters. Meanwhile, equipped with the advanced DCS storage tank management system, it can achieve more safety and environmental protection.
　　At present, Tianjin Lopal has acquired the qualification of warehousing business. After the storage tank project is put into operation, the warehousing business, warehousing + trade business, bonded export business, base oil delivery business and other businesses and services of base oil, glycol and additives are open to the public.