Chevron sets to actively penetrate lubricant market launching new Caltex Delo Sport formula targeted pick-up truck users with higher diesel engine protection performance

ข่าวเศรษฐกิจ Tuesday June 4, 2013 15:58 —PRESS RELEASE LOCAL

Bangkok--4 Jun--Chevron Chevron (Thailand) Limited, manufacturer and distributor of Caltex? Delo? diesel engine lubricating oil products will today introduce the new “Caltex? Delo? Sport Synthetic Blend API CI-4”, premium quality semi-synthetic diesel engine oil formulated with specialized ISOSYN? Technology providing improved fuel economy savings and higher diesel engine protection with aims to penetrate pick-up truck users segment especially the models equipped with common-rail fuel injection system engines and accommodate the growth of auto industry. Mr. Chutintorn Pugkhem, Area Business Manager-Thailand, Chevron (Thailand) Limited revealed that the lubricating oil consumption in Thailand has the increasing trend from 2 major factors i.e. the continuous growth of automobile industry especially from the government’s first car policy both in the numbers of personal and commercial vehicles.The commercial vehicle segment posted the highest growth in the market and the pick-up truck producers continued to set a high production target of 2.6 million units this year. Another factor is the promotion of logistics industry development which has the potential to grow higher than the present rate of 4% per annum after the ASEAN Economy Community being in effect. “The growth of both automobile and logistics industry in Thailand will drive the growth of domestic lubricating oil market worth over 50,000 million baht by 3-4% from the consumption over 520 million litres per year”, said Chutintorn. As for our business plan for Caltex? Delo? range during the second half of 2013, Chutintorn added, we will introduce the new “Caltex? Delo? Sport Synthetic Blend API CI-4” products range.The new range features premium quality semi-synthetic diesel engine oil formulated withspecialized ISOSYN? Technology which combined premium base oils with selected synthetic base fluid and premium additive to provide higher heat resistance, higher performance, and help prolongs engines’ life.The engine test confirmed the superb performance of Delo? Sport Synthetic Blend SAE 10W-30 API CI-4 that its anti-wear protection is 61% higher than standard API CI-4.The cylinders are cleaner by 28% and it is also more effective in term of fuel economy and engine performance.The new upgraded Caltex? Delo? Sport range will surely serve the market requirements and the needs of the pick-up truck users particularly for the models equipped with common-rail fuel injection system engines. “The company has also deployed pro-active plan to broaden consumers’ awareness via 360-degree marketing strategies covering all types of media e.g. print advertisement, radio spots, banners, billboard, point-of-purchase media, shop decoration campaign entitled “Tang RarnSuayRuayGub Dao”, road show activities and other sales promotion activities through Caltex? Delo? Sport distribution channel including auto-parts and service centers as well as Caltex? fuel service stations nationwide.The company is confident that the launch of new Caltex? Delo? Sport range will gain a positive response from the market and contribute to the sales growth by 20-30%” said Chutintorn.

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