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Liyang Zhengchang Grease Co., Ltd.
Liyang Zhengchang Oil Co., Ltd., formerly known as "Zhenchang Oil Rice Factory", was founded in 1915. It was the first batch of leaching oil plants invested by the country after liberation (1974). After nearly 100 years of vicissitudes, showing its strong vitality. It has become one of the pillar industries of Jiangsu Zhengchang Group. In 2002, the enterprise underwent a comprehensive restructuring. The original Liyang Zhengchang Oil Factory was renamed Liyang Zhengchang Oil Co., Ltd. In 2015, the company invested more than 5000 million yuan in new project renovation. It now covers an area of 50000 square meters, produces 400 tons of raw materials per day, refines 100 tons per day, and employs 60 people, including more than 20 technicians with professional qualifications. It has its own dock, advanced production equipment, sufficient storage, and strong handling capacity. It is a typical modern garden-style factory.
