By Michael Harrison, Business Editor
Published: 23 September 2006
Shell increased its presence in China yesterday by buying a controlling stake in the country’s biggest independent manufacturer of lubricants.
The price paid by Shell for the 75 per cent shareholding in Tongyi was not disclosed. But the deal will increase Shell’s share of China’s lubricants market to 9 per cent, making it the third biggest player behind the two state-controlled giants Sinopec and Petro-China.
Tongyi has revenues of about $375m (£197m) a year and has three lubricant plants with a total annual capacity of 600,000 tonnes.
Shell will continue to market its own lubricants and those of Tongyi under separate brands. The Chinese lubricants market is potentially vast, given the rate at which sales of new cars are growing. It is already four times the size of the German market and half the size of the US market. It is forecast to continue growing at an annual rate of 10 per cent until at least 2010.
Shell has so far invested a total of $3.5bn (£1.8bn) in China, not including the Tongyi stake.
It has a petrochemical plant at Nanhai in Guangdong province and a joint venture with Sinopec covering 200 petrol stations.
The Tongyi deal is Shell’s second downstream acquisition this year. In March, it bought a bitumen business from its rival Koch Materials China, immediately doubling its presence in the market.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
