Sunday, February 10, 2019 5:58:21 AM
LandStar Inc. (LDSR) Negotiates Installation Project with Leading Chinese Energy Company
WUHAN, China, July 13, 2010—LandStar Inc. (LDSR; http://www.landstarcorp.com/) and its main
subsidiary, Hubei Chuguan Technology Co. Ltd, announces project negotiations with Sinopec Group.
Mr. Congtang Li, chairman and CEO of Chuguan, met with the Qingdao Research Institute of Safety
Engineering, subsidiary of Sinopec Group, to discuss a project contract, and is pleased to report the
success of these negotiations.Chuguan has been negotiating installation and manufacturing for the
company’s oil and gas recovery projects. Next steps of negotiations will involve a framework agreement
of cooperation signed by both companies. Chuguan predicts that this agreement will lead to future
projects within Sinopec, and others.
Sinopec Corp. is one of the largest integrated energy and chemical company in China. The Company is
China's largest producer and supplier of refined oil products and major petrochemical products and is
China's second largest crude oil producer.
LDSR and Hubei Chuguan Technology Co. Ltd will inform the public on details of the agreement once the
contract has been officially signed.
Does the name Mr. Congtang look familiar?
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