Total designs and markets a broad array of refined products, including automotive fuel and specialty products. In China, we aim to rapidly expand our retail network by working with Sinochem and pursuing a growth strategy based on convenience, service and product quality.
Accessible Network for Each Customer
Total is working together with Sinochem to build and operate two retail networks. Total-Sinochem Fuels Co., Ltd. (TSF), covering Beijing, Tianjin, Liaoning and Hebei provinces in northern China, plan to build and operate 200 service stations, while Total-Sinochem Oil Co., Ltd. (TSO), serving Shanghai, Jiangsu and Zhejiang provinces in eastern China, plan to build and operate 300 service stations. Total Fuels Wuhan also has a goal of constructing and operating 30 service stations in Wuhan. By the end of 2016, Total was operating 247 service stations in China.
Rapid Growth of Lubricant Business
Total has been a major supplier of lubricants in China, marketed under two leading brands: TOTAL and ELF. We provide a full range of diversified lubricant products for the automotive, industrial and Original Equipment Manufacturer (OEM) markets. Total also serves China’s shipping industry with marine lubricants.
Our lubricants line of business is thriving, with our China businesses having grown by nearly 20% annually over the past few years. As of year-end 2012, China has become the 1st largest lubricants (auto and industrial) market for Total.
In January 2015, we laid a foundation for future growth by integrating our three Chinese businesses into one---Total Lubricants China (TLC). Total’s close relationship with our Chinese partners was demonstrated by COSCO Shipping Company Ltd. And Guangzhou Development District Commercial Development Group Co., Ltd. both purchasing stakes in the integrated TLC.
OUR BUSINESS PARTNERS
A Reliable Petroleum Product Supplier
We are working with Sinochem, our long-term retail partner in China, to build and operate two retail networks in China. In June 2014, we were operating 176 service stations in the country.
Total-Sinochem Fuels Co., Ltd. operates in Beijing, Tianjin, Liaoning and Hebei in northern China, while Total-Sinochem Oil Co., Ltd., covers Shanghai, Jiangsu and Zhejiang in southern China.