With the objective of becoming an integrated energy and chemical group, COR has invested in the development of a variety of chemicals with custom-made application techniques for depressing the viscosity of thickened oil reserves, known as Nano Viscosity Reducer “納米降黏劑” . Such chemical products are designed to increase the overall output of oil fields. It is now running the business in Shangdong Shengli Petroleum Oilfield “勝利油田” and planning to approach other oil field in mainland China. COR is in the process of applying for a patent in the PRC for these products and plans thereafter to apply for a global patent. |