China’s Jiangsu Lopal Tech. Co. and Richful Lube Additive Co. recorded increases in net profit and revenue last year as both seemed to benefit from doing business in one of the few economies that grew during the pandemic. Lopal’s sales of urea products more than offset a miniscule dip for its finished lubricants.
The Chinese government estimates that the country’s gross domestic product rose 2.3% during 2020.
Get alerts when new Sustainability Blog articles are available.