Shell TCO innovation character selection

As China’s economy has entered a “new normal” of growth, the industrial industry, as the pillar industry of the national economy and the main battlefield for the development of the real economy, has become the backbone of the adjustment of the national economic institutions and the transformation and upgrading of industries, showing new features and facing New opportunities and challenges.

Under the background of the “new normal” today, how to reduce costs, enhance competitiveness, and boost the brand have become top priority for Chinese industrial enterprises.

In the industry demand for “cost reduction and efficiency increase”, the selection and use of lubricants has become increasingly important.

Shell found that more and more companies are beginning to use TCO assessments to measure operating performance. They realized that reducing the total cost of ownership over the entire life cycle of equipment helps to tap the maximum value of assets. Among them, 58% of companies believe that proper lubrication can reduce costs by 5% or more, but in fact lubricants can affect more than 30% of the maintenance budget!

From the invention of the steam engine in the 18th century to today's "Industry 4.0", innovation is the "main theme" that has always remained unchanged throughout the changing times. In the process of science and technology development and industrialization, the role of innovative talents is obvious.

Shell Industrial Lubricants also fully recognizes the outstanding contributions of innovative talents to the development of the industrial sector. At present, the TCO innovation character selection activities organized by Shell (China) Co., Ltd. and co-organized by numerous industry associations are officially launched!

The purpose of this event is to promote those people who have fulfilled their duties, researched and innovated, and made significant contributions to Chinese industry's cost reduction, efficiency increase, and innovation and development. We hope to cooperate with many industry partners and achieve unlimited possibilities. Let the industry once again feel the great charm of Chinese industry!

Activity time:

March 30, 2017 TCO Innovation Awards Press Release

June 2017-September 30

October 8-30, 2017 Voting stage

(User Internet voting, expert scoring)

November 2017 Awards Ceremony (Sanya)

Participation scope:

Employees who have made outstanding contributions to the Chinese industrial industry;

Representatives of industry associations that have made outstanding contributions to the Chinese industry;

Employees of scientific research institutions who have made outstanding contributions to the Chinese industry.

Awards setting and interpretation:

Lifetime Achievement Award: For those who have been engaged in the industry for more than 20 years and have made outstanding contributions to the development of the industrial industry and several scientific and technological departments, they have won many awards from national honours.

Technology Innovation Award: Young and middle-aged industrial practitioners who have joined the industry within five years propose advanced operation methods and innovative scientific research programs. In practical applications, outstanding persons who contribute to the increase in efficiency through industrial production are commended;

Research Innovation Award: Encourage outstanding contributions to cost reduction and efficiency increase in the industrial field. Through adequate research, qualitative and quantitative improvements to TCO (Total Cost of Ownership) will be promoted to promote the full development of the industry;

Ingenuity Technology Award: Rewards is committed to the unique scientific operation methods in the industrial field, and continues to research and promote, in the production process to maintain the efficient operation of machinery, parts, to avoid accidental loss of machine failure, to achieve the efficiency of industrial and technical personnel.