ExxonMobil, Caterpillar in lubricant deal
Fairfax, July 20, 2010
ExxonMobil, the largest publicly traded international oil and gas company, will manufacture and supply Caterpillar branded lubricants to Caterpillar factories and dealers worldwide as part of a multi-year agreement.
With this agreement, ExxonMobil continues as the exclusive worldwide supplier for 33 Caterpillar lubricants used in engines, transmissions, hydraulics and final drives.
“Through ongoing cooperative research, our teams have designed and produced lubricants that meet Caterpillar's high performance standards,” said Jim Hennessy, vice president of sales for ExxonMobil Lubricants & Specialties, a leading marketer of finished lubricants, asphalts and specialty products.
“It’s a rigorous process: before these lubricants are manufactured, the products and performance specifications are tested and approved by Caterpillar. As part of our global relationship, a dedicated ExxonMobil support team provides technical and marketing training to Cat dealers and facilities worldwide,” he added.
Since 1987, when ExxonMobil began supplying private label lubricants to Caterpillar, the two companies have worked together on product research, a statement said. – TradeArabia News Service