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      2. Home Business & Services Asphalt Business
        By establishing long-term cooperation or joint ventures with transportation investment companies, Star Energy is heavily involved in the construction of roads at all levels in more than ten provinces in China, and fully utilizes its technological advantages in the asphalt market to promote the research and production of high-grade and high-tech asphalt products such as modified, emulsified, and special asphalt, and works actively to develop the downstream application market.

        Asia-Pacific Market

        In 2020, Star Energy dealt in 4 million tons of asphalt and other petroleum products, including 1.5 million tons of asphalt products and 1.04 million tons of imports to the Chinese market.

        Domestic Market

        With a deep commitment to domestic market, Star Energy has delivered a large amount of high-quality asphalt to Sichuan-Chongqing region, Zhejiang, Shandong, Shaanxi, Jiangsu, Hubei, Hunan, Guangxi, Jiangxi, Anhui, Henan and other regions.


        Diversified Asphalt Resources

        Caltex's sole agent in China

        An annual supply of over 500,000 tons of Caltex asphalt

        Main distributor of South Korean S-oil

        A stable supply of over 300,000 tons of commercial S-oil asphalt

        Sinopec's strategic partner

        Exports 400,000 to 500,000 tons of Sinopec asphalt annually

        Well-established Business Strategies

        Long-term lock-up sales

        Optimized purchasing costs

        Comprehensive price management

        Efficient inventory management

        Sophisticated Production Process

        Sophisticated technology and cost control

        Strong technology R&D capabilities

        Optimized Logistics Costs

        Seamless connection with downstream warehousing bases

        New land & sea channels

        High turnover rate in warehousing base management

        Shipping turnover rate

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