ChevronTexaco Introduces New Line of Texaco Heavy-Duty Greases, Startak Red EP

SAN RAMON, Calif.--Dec. 1, 20035, 2003--

New Multipurpose Extreme Pressure Greases Recommended For Normal and Severe Service Environments

ChevronTexaco Global Lubricants, a leading provider of heavy-duty engine oils, lubricants and coolants, today announced its Texaco brand has introduced a new line of heavy-duty greases, Startak(TM) Red EP. The new Startak product line consists of versatile, multipurpose, extreme pressure greases recommended for use in the lubrication of trucks, tractors, heavy equipment and industrial equipment experiencing severe services. Typical applications include mining and construction equipment, marine and oil field applications, paper and forest products equipment and quarrying activities, especially when operating in wet, muddy or dusty conditions.

"We are committed to improving upon ChevronTexaco's position as a market leading provider of lubricant solutions," said Nicole Fujishige, Commercial Automotive Specialist, ChevronTexaco Global Lubricants. "With the introduction of Startak Red EP, Texaco customers and marketers have a high-quality tacky grease with heavy base oil viscosity for severe applications. Startak Red EP adds to an already impressive line of Texaco lubricants."

Startak Red EP greases are available in two grades:

-- NLGI 1 for better pumpability and lower ambient temperatures

-- NLGI 2 for use in normal ambient temperatures

Texaco Startak Red EP grease benefits include:

-- Excellent water resistance

-- Excellent rust and corrosion protection

-- Strong protection against shock loading

-- High load-carrying capacity

-- Severe service lubrication

NLGI 2 Startak Red EP grease is now available throughout the Central and Eastern United States in 400 pound drums, 120 pound quarter drums, 35 pound pails and cartridges. NLGI 1 Startak Red EP grease will be introduced in early 2004.

The introduction of Startak Red EP greases comes after the August 2003 announcement that ChevronTexaco Global Lubricants has recovered the rights to the Texaco Lubricants brands as a result of the August 13 expiration of licensing agreements with Equilon Enterprises, LLC and Motiva Enterprises, LLC.

Texaco Lubricants:

The Texaco line of market leading engine oils, lubricants and coolants include Ursa heavy duty engine oils, Texaco conventional and Extended Life Coolant (ELC), Texaco Multigear(TM), Syn-Star(TM) and Meropa(TM) gear oils, Texaco Rando(TM) hydraulic oil and Texaco Starplex(TM), Multifak(TM) EP and Startak(TM) Red EP greases.

ChevronTexaco Global Lubricants is well positioned to support companies in the agriculture, construction and mining markets with products that meet the demanding and rapidly changing requirements of today's OEMs as well as new regulatory mandates. The company has a proven ability to provide market-leading technologies that deliver greater performance, reliability and ROI for its customers. As a complete solutions provider, ChevronTexaco Global Lubricants can move beyond the lubricant supplier role and offer services in the areas of inventory management, equipment reliability, increased productivity and management reporting.

About ChevronTexaco Global Lubricants

ChevronTexaco Global Lubricants (CTGL) is a leader in providing lubrication products and solutions to retail consumers, and commercial and industrial customers. Headquartered in San Ramon, CA, CTGL is ranked among the top three global marketers of lubricants, is active in 186 countries and employs 4,000 employees. Its worldwide presence enables the company to be a local provider of superior service with global resources. CTGL is a division of a wholly owned subsidiary of ChevronTexaco Corporation .

CTGL markets a full line of lubrication and coolant products under the Chevron, Texaco and Caltex brand names. Select brands include Havoline(R), Delo(R), Ursa(R), Revtex(R) and Texaco Xpress Lube(R). The company has patented technology in advanced lubricants products and new generation base oil technology, as well as in more diverse areas such as coolants and crop protection.

For more information go to: www.chevrontexacolubricants.com