press release

ChevronTexaco Global Lubricants Introduces Chevron Branded Advanced Automotive Coolants for Retail Consumers

This is news concerning ChevronTexaco but issued by a ChevronTexaco subsidiary, ChevronTexaco Global Lubricants, and archived here for record purpose.

Chevron Branded Coolants Now Available for Both Automotive and Heavy Duty Market Segments

SAN RAMON, Calif., Nov. 5, 2002 -- ChevronTexaco Global Lubricants (CTGL) today announced it is expanding its coolant product line with the introduction of Chevron DEX-COOL® Extended Life Antifreeze/Coolant and Chevron Supreme Antifreeze/Coolant. The new Chevron-branded coolants will be available to consumers through retailers whose primary sales are to the automotive aftermarket across the country.

Chevron DEX-COOL Extended Life Anti-Freeze can provide cooling system protection for up to five years or 150,000 miles, which is five times longer than most conventional coolants. Additionally, it is approved for use by General Motors Corporation, which began factory filling with DEX-COOL antifreeze in 1995.

"We have been providing our customers with technologically advanced products and services for many years," said Craig Duncan, vice president, North America Lubricants for ChevronTexaco. "This advanced coolant technology was developed in our laboratories and has many millions of mile of road use behind it. Now our Chevron customers can count on the Chevron name for extended life cooling system protection that performs under the most severe operating conditions. The bottom line for our customers is they can be confident and rely on protection that lasts."

Chevron DEX-COOL Advantages for Consumers

  • Lasting protection -- complete cooling system protection for up to 5 years or 150,000 miles, five times longer than most conventional coolants
  • Saves money -- reduces customers' maintenance costs by prolonging component life and saves time from longer change intervals
  • Protects engine parts -- provides extended water pump life and reduced coolant system component failure by protecting against long-term corrosion
  • Better for the environment -- longer service intervals lead to fewer coolant disposals; also, used coolant is recyclable - unused coolant is biodegradable

In addition to Chevron DEX-COOL, Chevron Supreme Antifreeze/Coolant is now available for those consumers who seek a quality conventional antifreeze with dependable year-round protection against the effects of extreme heat, bitter cold and rust and corrosion. This product can be used in both automotive and heavy-duty diesel applications.

CTGL also recently introduced Delo™ Extended Life Coolant (ELC) to the trucking industry. By supplying engine coolants in addition to its full line of lubrication products, CTGL offers heavy-duty diesel customers an even greater range of products through a "one-stop-shop" approach where the needs of fleet customers can be met conveniently through one global vendor.

About ChevronTexaco Global Lubricants

ChevronTexaco Global Lubricants (CTGL) is a division of a wholly owned subsidiary of ChevronTexaco Corporation. Headquartered in San Ramon, Calif., CTGL is a developer and marketer of technologically advanced lubrication products, coolants products and value-added services for a variety of consumer, commercial and industrial applications.

The company has an extensive research and development laboratories in Ghent, Belgium and Richmond, Calif. that continue to develop breakthrough coolant technology. The laboratories are also supported by a research facility in Beacon, N.Y., and three additional technology centers throughout the world.

The Delo product line is the only brand to receive the Lubricants World Product of the Year Award for two consecutive years, 1999 and 2000, and the Annual Automotive Product Award in 2001. James Mc Geehan, manager of engine oil technology for ChevronTexaco Global Lubricants, also received Lubricants World's 2002 Person of the Year Recognition.

DEX-COOL® is a registered trademark of General Motors Corporation.

Updated: November 2002