Valvoline recently announced plans to build its first ever plant in China. With an expected investment of approximately $70 million, the new lubricants facility represents the company's single largest blending plant investment worldwide.
"Capturing opportunities for volume and premium product growth in key international markets is an essential strategy for the company," said Sam Mitchell, Valvoline's chief executive officer. "This new plant is an investment in China and its rapidly growing demand for high-quality lubricants and coolants to meet the evolving needs of both passenger car and heavy-duty customers."
Located on approximately 20 acres in Zhangjiagang within the Jiangsu province, the new 861,000-square-foot facility is expected to begin production by the end of 2020 with an annual production capacity in excess of 30 million gallons of lubricants.
"This is very exciting news for our customers and partners in China," said Craig Moughler, Valvoline's senior vice president of international and product supply. "This investment demonstrates our commitment to the growth and success of our distributors and OEM customers through a more efficient and effective local supply chain and faster-to-market new products and packaging."
For more information, visit www.valvoline.com.