Sinopec Lubricant Co., Ltd. and Italy's PAKELO announced officially at a press conference jointly held at the World Endurance Championship (WEC) Shanghai Station Site on November 1, that they became cooperative partners to co-develop the domestic and international market.

According to the cooperative agreement, Sinopec Lubricant Co., Ltd. become the general agent of PAKELO in mainland China, being responsible for its product sales, channel development and brand promotion in the Chinese market. Sinopec Lubricant Co., Ltd. also will cooperate with PAKELO in the international oil market, thereby to build high-end lubricant channel ecological chain and to realize win-win in the international oil market.

PAKELO is well known in Europe for its its Krypton PRO high performance fully synthetic racing engine oils for competition and sports racing as well as its Racing Transmission DLS oils.

PAKELO, as the provider of world class racing oils, not only focuses on automotive oils, but also provides a variety of lubricating oils for the navy, mining, industry, agriculture, etc. Its food-grade lubricants also are famous in Europe.

Sinopec manufactures and markets its Great Wall branded lubricants in China, including passenger car engine oils and motorcycle engine oils but does not market "racing" oils.