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Chevron launches a group III+ base oil
Ships loading at Pascagoula Port in Mississippi.
SOURCE | CHEVRON
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hevron has launched a Group III+ base oil: NEXBASE® 4 XP. NEXBASE® 4 XP, denoting its ‘extra performance,’ expands Chevron’s full line of NEXBASE Group III base oils, including NEXBASE 3043, 3050, 3060, and 3080.
“The launch of NEXBASE 4 XP is the latest in significant investments Chevron has made in its NEXBASE brand including expanding its qualifications portfolio, upgrading the specs of NEXBASE 3043 and adding new terminals,” said Alicia Logan, General Manager, Base Oils. “NEXBASE 4 XP will be globally available, starting with hubs across Europe, which will help customers optimize supply logistics and costs.”
James Booth, Sr. Manager, Global Technology Sales & Business Development, Base Oils added, “Chevron has a long history of leveraging its base oil value chain and refining expertise to deliver premium base oil products to meet evolving market needs. Automotive engine oil markets are moving to lower viscosity oils to improve fuel economy and oxidation performance. NEXBASE 4 XP will empower lubricant marketers to move to the next level of OEM specifications.”
Group III+ base oils are a critical component for the high-performance lubricants OEMs require for engines designed to meet mandated fuel economy targets. In addition to Group III+ base oil, Chevron offers Group II, Group II+, Group III base oils produced at 5 manufacturing facilities and distributed through 19 hubs globally. .