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Shell account card news: Growing fuel trade in China prompts Shell investment

05 March, 10
Shell is planning to increase its investments in Asia and views China as a key market.

China's growth outlook is behind Shell's plan to gain more of the market for lubricants in the continent, reports channelnewsasia.

The auto market in China is the fastest growing in the world, with annual sales increasing by 48 per cent from 2008. The government's policy incentives are thought to have helped the sale of the 13.6 million vehicles.

According to Andrew Foulds, vice-president at Lubricants Technology, only three per cent of people in China own a car so the country is likely to see car sales soar even further. This will create a larger market for fuel in the country.

Asia-Pacific accounts for 34 per cent of the global lubricant market. Shell predicts this will increase by around two per cent each year over the next decade.

In November last year, Shell announced the start of a new lubricants complex to meet this increased demand.

Posted by James Richmond ADNFCR-2675-ID-19653329-ADNFCR
Shell account card news: Growing fuel trade in China prompts Shell investment



e-Services

With your Fuel Card account you can apply for access to our
online management system free of charge. This allows users to do the following:


  • Access account online 24/7
  • Stop cards
  • Order new cards
  • View transactional data
  • Receive invoices and statements via e-mail