Jiang Nan Shi Bao·2025-11-10 06:46Core Insights - ExxonMobil China was awarded "Global Excellent Supply Chain Partner" at the China Baowu Steel Group's Industrial Supply Chain Ecological Partner Conference, highlighting its achievements in green lubrication technology and low-carbon cooperation [1] - The recognition reflects the collaboration between companies and the ongoing green transformation in China's steel industry, which is currently undergoing a critical transition phase [1][2] - The "14th Five-Year Plan" emphasizes enhancing the green competitiveness of the steel industry, with specific tasks outlined in the "Steel Industry Stabilization and Growth Work Plan (2025-2026)" [1] Group 1 - China Baowu is actively pursuing its "dual carbon" goals and has expanded its supply chain partner selection criteria to include low-carbon technology collaboration and green value co-creation [1][2] - In 2024, China Baowu and ExxonMobil China signed a memorandum for low-carbon cooperation, focusing on low-carbon energy applications, carbon capture and storage (CCS), and low-carbon footprint product certification [2] - The partnership aims to enhance the reliability of equipment and meet low-carbon demands in the steel industry, contributing to high-quality development [2] Group 2 - China Baowu's Chairman, Hu Wangming, emphasized the importance of building a highly collaborative procurement supply chain and maintaining global supply chain stability through diversified international cooperation [2] - ExxonMobil China's Managing Director for Lubricants, Yue Chunyang, stated that the award recognizes the collaborative model of matching industry transformation needs with technical services [2] - The ongoing collaboration between China Baowu and ExxonMobil China is expected to drive the steel industry from a focus on scale to a focus on quality, facilitating significant industry upgrades [2]