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Chevron Introduces New Metalworking Fluids; Chevron HiPerCUT and Texaco Aquatex Available in Full and Semi-Synthetic Blends

SAN RAMON, Calif.--March 8, 2006--Chevron Products Company, a leading provider of engine oils, lubricants, coolants and related services, today introduced two new metalworking fluids - one a full-synthetic and the other a semi-synthetic - to its line of industrial lubricants. The products, to be marketed as Chevron HiPerCUT(TM) and Texaco Aquatex(TM), offer extended machine tool life and corrosion protection in a bio-stable emulsion.

"Chevron's HiPerCUT and Aquatex products work exceptionally well on exotic metals, like those used in the aerospace industry," said Kathy Johnson, industrial specialist, Chevron Products Company. "These fluids help reduce corrosion and provide excellent surface finish, while extending sump life to help reduce costs. Both products have bacterial and fungal resistance, helping to reduce environmental and health issues associated with mineral oil-based metalworking fluids."

About Chevron HiPerCUT 9500 and Texaco Aquatex 9500

Chevron HiPerCUT 9500 and Texaco Aquatex 9500 are fully synthetic, long service life, metalworking fluids with high performance lubricity additives that offer superb machining characteristics. They are well suited to most chip forming processes including sawing, turning, milling, drilling, turning, tapping, reaming and deep hole drilling. Chevron HiPerCUT 9500 and Texaco Aquatex 9500 are considered suitable for machining a wide variety of materials including low to high tensile steels. They are also well suited to machining harder metals such as stainless steel, titanium and Inconel.

Chevron HiPerCUT 9500 and Texaco Aquatex 9500 benefits:

-- Fully synthetic, oil-free formulation

-- Excellent lubricity characteristics

-- Potential for savings in tooling costs

-- Helps extend sump-life performance

-- Good corrosion protection

-- Low foaming

-- Translucent appearance offering excellent workpiece visibility

-- Good compatibility in a range of water qualities

-- Good bacterial and fungal resistance

-- Helps keep machine tools very clean

About Chevron HiPerCUT 6110 and Texaco Aquatex 6110

Chevron HiPerCUT 6110 and Texaco Aquatex 6110 are low oil semi-synthetic, water miscible metalworking fluids that produce an ultra stable micro emulsion and are free from secondary amines, providing excellent long life performance. The products are well suited to most chip forming processes including sawing, turning, milling, drilling. General purpose surface, cylindrical and centerless grinding can also be undertaken.

Chevron HiPerCUT 6110 and Texaco Aquatex 6110 offer excellent performance on cast iron and are considered suitable for machining a wide variety of materials including low to medium tensile steels.

Chevron HiPerCUT(TM) 6110 and Texaco Aquatex 6110 benefits:

-- Helps extend sump life performance

-- Good corrosion protection

-- Low foaming

-- Low staining

-- Translucent appearance offering excellent workpiece visibility

-- Good compatibility in a range of water qualities

-- Good bacterial and fungal resistance

-- Helps keep machine tools very clean

Availability

Chevron HiPerCUT and Texaco Aquatex will be available through Chevron and Texaco marketers in the first quarter of 2006. Both products will be shipped in drums and a unique square pail design that offers improved storage options when compared to standard pails.

About Chevron Products Company

Chevron Products Company is a division of a wholly owned subsidiary of the Chevron Corporation .

A full line of lubrication and coolant products are marketed through this organization under the Chevron, Texaco and Caltex brand names. Select brands include Havoline(R), Delo(R), Ursa(R), Revtex(R) and Texaco Xpress Lube.

Headquartered in San Ramon, CA, Chevron Products Company, together with its Chevron affiliates worldwide, is ranked among the top three global marketers of lubricants and is active in more than 180 countries through 4,000 employees.

For more information go to: www.chevron.com