In Zhuhai China, on November 4, 2015, Clean Oil Investment Co., Ltd. and Jebson Industrial Technology Co., Ltd. declared that their joint venture, Zhuhai Clean Oil Petrochemical Limited was officially put into operation.

On November 4, 2015, Clean Oil Investment Co., Ltd. and Jebson Industrial Technology Co., Ltd. declared that their joint venture, Zhuhai Clean Oil Petrochemical Limited (hereinafter referred to as "Zhuhai Clean Oil") was officially put into operation. Mr. Antony Louis Marden, chairman of the former company and Mr. Hans Michael Jebsen, chairman of the latter, and Mr. Zhou Feng, deputy secretary of the party committee of Gaolan Port Economic Zone of Zhuhai, and other distinguished guests attended the opening ceremony held at the Gaolan Port Economic Zone.

Zhuhai Clean Oil is committed to producing high-quality base oil and quality lubricants applied in the fields of automobile and industry, whose annual output of lubricants is predicted to reach 35,000 tons, which will be sold to each major city in the Pearl River Delta and Yangtze River Delta. The new oil refinery covers 35,000 ㎡, takes an investment of 40 million US dollars and two years to complete, and now has approximately 100 employees. With the rising demand in China for base oil (4.60 million tons in total last year). The plant is built for this business opportunity. The patented refining technologies of Clean Oil can reduce the energy consumption by over 30% than conventional refining processes, which is not only good for environment, but also is an undertaking that can develop sustainably.

The plant will supply Chinese clients with base oils that meet the high standards of API Group II/II+. The base oils produced by the plant have a better quality than industrial standard. Since its viscosity index is fairly high, it can protect the engine within a larger temperature range and reduce reliance on additives. Meanwhile, since it almost has no carbon residues and contains an extremely low content of sulfur, cancerogenic substances and heavy metals. The product is very reliable, especially suitable for densely populated urban areas.

The new plant is equipped with modern advanced blending and packaging equipment and internal formula technologies, which can produce lubricants with the highest quality. The product portfolio of Zhuhai Clean Oil includes top-class API SN petroleum engine oil and CJ4 diesel engine oil and other industrial lubricants such as hydraulic oils and gear oils. The petroleum engine oil produced by it has passed the test of racetrack and is widely recognized by the market since it has an extremely good resistance to abrasion and is helpful for smooth and steady driving. Its synthetic engine oil not only can increase the oil life, but also can provide reliable lubrication and protection.

The modern labs of the plant are well equipped and have highly professional and experienced experts and personnel, who can guarantee the strictest quality control through continuous daily analysis. The base oils with extensive use, the excellent blending equipment and advanced technologies can help Zhuhai Clean Oil develop specially customized lubricants, so as to meet the changing market demands and special performance requirements of industrial and auto clients. The products of Zhuhai Clean Oil come in four packages, namely, 1L, 4L, 20L and 200L, which adopt a fashionable and unique design and can be recycled and reused comprehensively.

Comments from main investors on the operation commencement of the plant as follows:

"As long as the products are environment friendly and have a promising market prospect, they are worth developing." Mr. Antony Louis Marden, founder and chairman of Clean Oil Investment Co., Ltd. said.

"Clean Oil is committed to producing the 'made-in-China' high-quality base oils and lubricants, wishing to renovate the petroleum market of China with revolutionary innovative technologies. We have very advanced and environment-friendly patented refining technologies featuring low emission of waste gas and low energy consumption, which has been proven by our plant in Hong Kong." Mr. Marden remarked, "Our plant in Hong Kong had been operated successfully for near ten years. Now we want to build a plant with a larger scale, to expand our production. Under the approval and support of the government of Gaolan Port Economic Zone, our new plant has finally been established at the state level petrochemical park there."

Mr. Hans, chairman of Jebsen said, "Jebson Group has a deep understanding in the auto after-sales service market of China. Sales and distribution networks of industrial products are scattered across China. Jebsen will make use of these advantages to support the development of the new plant so as to meet the growing demand in China for high-quality lubricants."

"Automobiles and the plant will generate a lot of waste water each year and cause pollution to the air. China is faced with a significant challenge in how to balance and coordinate the economic development and environment. Jebsen Group has set foot on the Chinese market for 120 years. It's our social responsibility to develop and provide highly effective solutions and help China to solve environment problems and realize a clean development. Jebsen has explored the Chinese market, especially the fields of industry and auto for years. We are convinced that our expertise will further boost the popularization of 'green' base oils and lubricants." he summed up.

About Zhuhai Clean Oil Petrochemical Limited
Zhuhai Clean Oil Petrochemical Limited is located at Gaolan Port Economic Zone of Zhuhai, which is a wholly-owned joint venture of Clean Oil Investment Co., Ltd. and Jebsen Industrial Technology Co., Ltd. (a subsidiary of Jebsen Group). The company is engaged in production with patented refining technologies from Clean Oil Investment Co., Ltd., whose products are sold to Pearl River Delta and Yangtze River Delta.

About Clean Oil Investment Co., Ltd.
Clean Oil Investment Co., Ltd. was founded in 2012. Since 2002, Clean Oil (Hong Kong) has engaged in business and investment in R&D. Clean Oil Investment Co., Ltd. has a group of professional petroleum engineers and actively explored the revolutionary petroleum refining process in the past ten years. Through constant testing and optimization, the re-refining technology used by the company is being perfected. While guaranteeing the production of high-quality products, the technology can also save a lot of energy during production and all its products are environment friendly.

About Jebsen Industrial Technology Co., Ltd.
Jebsen Industrial has been taking the lead in the industrial development of Greater China Region for more than a century, committed to providing marketing, distribution support for the advanced products and technologies sold in the region,. Jebsen Industrial will provide unrivalled local market channels for the international company, provide local clients with first-class sales and technical services and customized supply chain solutions. Jebsen Industrial handles a variety of products, ranging from large system equipment to chemical products and ingredients, always focusing on the fast growing fields of Greater China Region such as auto, environment protection, film making, food and beverage, petrochemical industry, architecture, paper-making, printing and textile.

Jebsen Industrial is affiliated to Jebsen Group. Jebsen Group, founded in 1895, focuses on marketing and boasts a unique and far-reaching influence in Mainland China, Hong Kong, Macau and Taiwan. As an expert on industry, consumer goods, beverage and luxuries, Jebsen has brought a broad domestic market opportunity to more than 200 world leading brands through its professional services.