盘锦北方沥青燃料有限公司
Panjin Northern Asphalt Fuel Co., Ltd. is a Chinese state-owned lubricant manufacturer under Norinco Group that produces API-standard vehicle and industrial lubricants and sells them directly to consumers and industrial buyers through its proprietary 'Zhongbing Star' e-commerce platform across China.
- Company typePrivate
- Founded-
- HeadquartersPanjin, China
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What 盘锦北方沥青燃料有限公司 does
Panjin Northern Asphalt Fuel Co., Ltd. (盘锦北方沥青燃料有限公司), operating commercially as 'Northern Asphalt' (北方沥青) and running the 'Zhongbing Star Lubricant Mall' (中兵之星润滑油商城) e-commerce storefront, is a Chinese state-owned lubricant manufacturer and retailer headquartered in Panjin, Liaoning, with 63 employees. The company is a subsidiary of Norinco Group (中国兵器工业集团有限公司), a major state-owned defense industrial conglomerate, and was recognized as a 'Central Enterprise Advanced Collective' by SASAC in January 2020.
Its core product line spans two categories. Vehicle lubricants include full-synthetic, synthetic-technology, and mineral gasoline engine oils across API SN, SL, and SJ grades (viscosities from 0W-20 to 10W-40, with G3/G5/G7 performance tiers), diesel engine oils in API CH-4, CF-4, and CI-4 grades (15W-40, 20W-50, 10W-40), and gas engine oils for gaseous-fuel applications. Industrial lubricants comprise anti-wear hydraulic oils in standard L-HM 46/68 and ashless L-HM 46 variants, turbine oils in L-TSA A and B grades, air compressor oils in L-DAB 100 and L-DAB 150, and guide oils for machine tool slideways, all sold primarily in 170KG bulk drums alongside 4L and 18L consumer packs.
The business model is direct-to-customer e-commerce retail priced in RMB, with volume-based discounts across multi-barrel SKUs (4L two-, four-, and six-barrel packs) and payment processing through WeChat Pay and bank card. Distribution is anchored on the company's proprietary online storefront with self-pickup fulfillment, supplemented by a WeChat public account for engagement and a 0427-area-code service hotline. Marketing and channel strategy emphasize API-standard certification, Norinco Group affiliation for enterprise credibility, and a nationwide service network providing R&D, sales, and technical support. The company operates exclusively in China and has no disclosed enterprise customer contracts, third-party distribution partnerships, or external capital raises.
盘锦北方沥青燃料有限公司 firmographics
Firmographics- Name
- 盘锦北方沥青燃料有限公司
- Legal name
- 盘锦北方沥青股份有限公司
- Website
- https://northernasphalt.com.cn
- Company type
- Private
- Operating status
- Operating
- Short description
- Panjin Northern Asphalt Fuel Co., Ltd. is a Chinese state-owned lubricant manufacturer under Norinco Group that produces API-standard vehicle and industrial lubricants and sells them directly to consumers and industrial buyers through its proprietary 'Zhongbing Star' e-commerce platform across China.
- Ownership category
- akta.pro rank
盘锦北方沥青燃料有限公司 industry classification
Industry- Product category
- Industrial Lubricants
- NAICS
- Petroleum Lubricating Oil and Grease Manufacturing (324191)
- SIC
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Motor Vehicle Supplies & New Parts (5013), Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Automotive Lubricants (PCMO, HDMO, ATF, Gear Oils, Coolants) (EUALAJAH)
- akta.pro secondary industries
- Retail & E-commerce Lubricants Sales (Auto Parts, Quick Lube, Online) (EUALAJAF), Aftermarket Fluids, Lubricants & Chemical Products Manufacturing (Oils/Coolants/Additives/Cleaners) (IMACANAK), Lubricants, Fluids & Chemical Products Distribution (Oils, Coolants, AdBlue/DEF, Cleaners) (TLAKAOAL)
Keywords
Where 盘锦北方沥青燃料有限公司 is headquartered
LocationHeadquarters
- HQ city
- Panjin
- HQ country
- China
- HQ region
- Asia
Offices1 record
Markets served
盘锦北方沥青燃料有限公司 business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Lubricant Product Sales: Revenue generated from the sale of vehicle and industrial lubricants through the company's e-commerce platform. Products include gasoline engine oils (SN, SL, SJ grades), diesel engine oils (CH-4, CF-4, CI-4 grades), gas engine oils, hydraulic oils, turbine oils, air compressor oils, and guide oils sold in various pack sizes (4L, 18L, 170KG).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Full synthetic gasoline engine oils (SN grade, G3/G5/G7) |
| Unit Pricing | Pay-as-you-go | Synthetic technology gasoline engine oils (SN grade) |
| Unit Pricing | Pay-as-you-go | Conventional gasoline engine oils (SL, SJ grades) |
| Unit Pricing | Pay-as-you-go | Diesel engine oils (CH-4, CF-4, CI-4 grades) |
| Unit Pricing | Pay-as-you-go | Industrial oils (hydraulic, turbine, compressor oils) |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
盘锦北方沥青燃料有限公司 product offering
Product offeringCore offering
Panjin Northern Asphalt Fuel Co., Ltd. manufactures and sells branded vehicle and industrial lubricants through its own e-commerce platform (中兵之星润滑油商城 at northernasphalt.com.cn). The product portfolio spans gasoline engine oils (SN, SL, SJ grades), diesel engine oils (CH-4, CF-4, CI-4 grades), gas engine oils, anti-wear hydraulic oils (L-HM), turbine oils (L-TSA), air compressor oils (L-DAB), and guide oils, sold in various pack sizes from 4L consumer containers to 170KG industrial drums. Customers purchase directly online via the company's website with WeChat Pay or bank card payment, with self-pickup delivery available.
Product overview
北方沥青 (Northern Asphalt) operates an e-commerce platform for lubricant products under the 中兵之星 (Zhongbing Star) brand. The product portfolio comprises two main categories: automotive oils (车用油) including diesel engine oil (CH-4, CF-4, CI-4), gasoline engine oil (SN, SL, SJ grades in full synthetic and synthetic technology formulations with G3/G5/G7 performance levels), and gas engine oil; and industrial oils (工业用油) including high-pressure anti-wear hydraulic oils (L-HM series, both standard and ashless variants), turbine oils (L-TSA A/B grades), air compressor oils (L-DAB series), and guide oils. Products are sold in various packaging sizes (4L, 18L, 170KG, 200L) and distributed through a nationwide network with technical service support.
Differentiator
Problem solved
Functional benefit
Products and services
- Diesel Engine Oil (柴油机油) Diesel engine oils including CH-4, CF-4, and CI-4 API grades with various viscosity levels (15W-40, 20W-50, 10W-40) for commercial and heavy-duty diesel engines. Available in 4L and 18L packaging.
- Gasoline Engine Oil (汽油机油) Gasoline engine oils including SN, SL, and SJ API grades with full synthetic, synthetic technology, and mineral base formulations. Available in viscosities: 0W-20, 0W-30, 0W-40, 5W-30, 5W-40, 10W-30, 10W-40. Performance grades include G3, G5, and G7.
- Gas Engine Oil (燃气发动机机油) Lubricants specifically formulated for natural gas and other gaseous fuel engines.
- Anti-wear Hydraulic Oil (High Pressure) L-HM Series (抗磨液压油高压) High-pressure anti-wear hydraulic oils L-HM 46 and L-HM 68 grades in 170KG packaging for industrial hydraulic systems.
- Ashless Anti-wear Hydraulic Oil (High Pressure) L-HM Series (抗磨液压油高压无灰) Ashless high-pressure anti-wear hydraulic oils L-HM 46 for systems requiring zinc-free formulations.
- Turbine Oil L-TSA Series (汽轮机油) Turbine oils available in Grade A (L-TSA 68) and Grade B (L-TSA 46) for steam and gas turbine lubrication systems, in 170KG packaging.
- Air Compressor Oil L-DAB Series (空气压缩机油) Air compressor oils L-DAB 100 and L-DAB 150 grades in 170KG packaging for rotary and reciprocating air compressors.
- Guide Oil (导轨油) Industrial guide oils for machine tool slideway lubrication.
Companies that use 盘锦北方沥青燃料有限公司
Customer profileSegments2 records
Ideal customer profiles2 records
盘锦北方沥青燃料有限公司 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
盘锦北方沥青燃料有限公司 partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
盘锦北方沥青燃料有限公司 competitors and assessment
Company assessmentDirect peers
- Sinopec Lubricant Company (长城润滑油): China's largest lubricant brand and the dominant domestic player. Direct competitor across automotive (engine oils) and industrial lubricant categories, also state-affiliated, and operates its own nationwide retail and B2B distribution — the closest functional comparable.
- PetroChina Kunlun Lubricant (昆仑润滑油): Major Chinese state-owned lubricant brand under PetroChina with full engine oil and industrial lubricant portfolios. Competes head-on with Northern Asphalt across both automotive and industrial SKUs.
- Fuchs Petrolub China: German-headquartered independent lubricant specialist with significant China operations, focused on industrial lubricants (hydraulic, metalworking, specialty) — directly overlaps Northern Asphalt's industrial product line.
Broad incumbents
- Shell China Lubricants: Global lubricant major with strong brand presence in China across passenger car motor oils (Shell Helix), commercial diesel, and industrial lubricants. Competes across the same product categories as Northern Asphalt but with vastly larger scale and brand investment.
- Mobil (ExxonMobil China): International lubricant incumbent selling passenger car motor oils, heavy-duty diesel oils, and industrial lubricants in China. Direct category overlap with Northern Asphalt across engine oils and industrial fluids.
- Castrol (BP China): Global lubricant brand strong in passenger car motor oils and metalworking fluids in China. Competes with Northern Asphalt on automotive engine oils and certain industrial lubricant lines.
- TotalEnergies Lubricants China: Global integrated energy major with a lubricant portfolio covering automotive and industrial applications. Overlaps Northern Asphalt's product categories and competes for the same industrial customers in China.
- CNOOC (China Oilfield Services) Lubricants: Another major Chinese state-owned energy group with lubricant activities. As a fellow SOE with overlapping industrial-lubricant offerings, it represents a structural competitor for institutional and industrial customers.
Emerging players
- Valvoline China: US-origin lubricant brand with a presence in China across passenger car and commercial vehicle motor oils. Competes in similar engine oil SKUs but typically through aftermarket and quick-lube channels.
- Chevron (Caltex/Havoline) China: International lubricant brand with selective China distribution across passenger car motor oils (Havoline) and industrial products. Competes in overlapping engine oil categories.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
盘锦北方沥青燃料有限公司 financial estimates
Financial estimateRevenue estimate
Valuation estimate
盘锦北方沥青燃料有限公司 leadership team
Management profileNumber of profiles
盘锦北方沥青燃料有限公司 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
盘锦北方沥青燃料有限公司 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 盘锦北方沥青燃料有限公司
What does 盘锦北方沥青燃料有限公司 do?
Panjin Northern Asphalt Fuel Co., Ltd. manufactures and sells branded vehicle and industrial lubricants through its own e-commerce platform (中兵之星润滑油商城 at northernasphalt.com.cn). The product portfolio spans gasoline engine oils (SN, SL, SJ grades), diesel engine oils (CH-4, CF-4, CI-4 grades), gas engine oils, anti-wear hydraulic oils (L-HM), turbine oils (L-TSA), air compressor oils (L-DAB), and guide oils, sold in various pack sizes from 4L consumer containers to 170KG industrial drums. Customers purchase directly online via the company's website with WeChat Pay or bank card payment, with self-pickup delivery available.
Is 盘锦北方沥青燃料有限公司 a public or private company?
盘锦北方沥青燃料有限公司 is a private company. It is classified as state government owned and is currently operating.
When was 盘锦北方沥青燃料有限公司 founded?
盘锦北方沥青燃料有限公司 was founded in -1.
Where is 盘锦北方沥青燃料有限公司 based?
盘锦北方沥青燃料有限公司 is headquartered in Panjin, China, in the Asia region.
How does 盘锦北方沥青燃料有限公司 make money?
One revenue line is on record: lubricant Product Sales.
Who are 盘锦北方沥青燃料有限公司's main competitors?
Direct peers on record are Sinopec Lubricant Company (长城润滑油), PetroChina Kunlun Lubricant (昆仑润滑油) and Fuchs Petrolub China. Broad incumbents are Shell China Lubricants, Mobil (ExxonMobil China), Castrol (BP China), TotalEnergies Lubricants China and CNOOC (China Oilfield Services) Lubricants. Emerging players are Valvoline China and Chevron (Caltex/Havoline) China.
Does 盘锦北方沥青燃料有限公司 have an API?
No public API is recorded for 盘锦北方沥青燃料有限公司.
What industry is 盘锦北方沥青燃料有限公司 in?
盘锦北方沥青燃料有限公司's product category is Industrial Lubricants. Its primary akta.pro industry code is EUALAJAH, Automotive Lubricants (PCMO, HDMO, ATF, Gear Oils, Coolants), with a secondary code of EUALAJAF, Retail & E-commerce Lubricants Sales (Auto Parts, Quick Lube, Online). Its NAICS code is 324191 and its SIC code is 5172.