Valvoline Announces Investment in New Lubricants Plant to Meet Growing Demand in China

LEXINGTON, Ky.–(BUSINESS WIRE)–Valvoline Inc. (NYSE: VVV), a leading worldwide supplier of premium branded lubricants and automotive services, today announced plans to build its first plant in China. With expected investment of approximately $70 million (RMB 443 million), it will also represent Valvoline’s single largest blending plant investment worldwide. “Capturing opportunities for volume and premium product growth in key international markets is an essential strategy for the company,” sa

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