Over the past year the Company has successfully commissioned its new Daqing plant which started operations in early 2010. The addition of this new facility, coupled with strong product prices, enabled the Company to achieve 118% growth in revenues and 428% growth in earnings during 2010.

With the successful completion of the Daqing plant, the Company has announced a product expansion into downstream markets. This expansion will take advantage of the Company’s expertise in quality production and transportation while growing revenues and enhancing margins.