ExxonMobil announces multi-year supply agreement with Caterpillar
As part of a multi-year agreement, ExxonMobil will manufacture and supply Caterpillar® branded lubricants to Caterpillar factories and dealers worldwide. With this agreement, ExxonMobil continues as the exclusive worldwide supplier for 33 Caterpillar® lubricants used in engines, transmissions, hydraulics and final drives. “Through on-going 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. ExxonMobil and Caterpillar are already developing the next generation of lubricants and exploring technologies that will further help reduce emissions as well as extend component life. (July 20, 2010)