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December 6, 2016

Volume 6 Issue 37

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Tongyi Treads New Ground without Shell

Tongyi Lubricants CEO Li Jia had a fruitful journey to the United States recently. The trip saw Tongyi gain rights for domestic sales of an American brand an endeavor that exemplifies some of the strategies the Chinese blender has employed in the year since it was divested from its former majority shareholder, Shell.