SAN RAMON, Calif., April 16, 2025 -  Chevron Oronite is pleased to announce ICONIC Base Oil Solutions as its official distributor in Brazil. The agreement involves the sale of OLOA® lubricant additives, OGA® aftermarket gasoline fuel additives, and PARATONE® viscosity modifiers. The partnership with ICONIC Base Oil Solutions will bring value added service to customers by combining the Chevron Base Oil portfolio with the Chevron Oronite additive portfolio.

"We are excited about the partnership with ICONIC Base Oil Solutions as our new distributor in Brazil,” says Leonardo Querente, sales manager, Latin America, Chevron Oronite. “This strategic collaboration will allow us to further strengthen our presence in the Brazilian market and offer high-quality solutions to our customers. ICONIC Base Oil Solutions has a proven track record of excellence in distribution, and we are confident that together we can meet the growing demands of the lubricants and fuel additives market. This change represents a significant step in our journey to provide innovative and high-performance products to our customers in Brazil."

While ICONIC Base Oil Solutions is on track to start distribution in June, Chevron Oronite would like to thank Caldic, former local distributor, for their support and partnership over the last couple years in the distribution of these products in Brazil.

About Chevron Oronite

Chevron Oronite is a leading developer, manufacturer and marketer of fuel and lubricant additives, helping provide solutions to customers globally. Headquartered in San Ramon, California (USA), Chevron Oronite maintains regional offices in Houston (Americas Region), Paris (Europe-Africa-Middle East Region), and Singapore (Asia-Pacific Region); operates manufacturing sites in Belle Chasse, Louisiana (USA), Gonfreville (France), Singapore, Ningbo (China) and Mauá (Brazil); an affiliated blending and shipping plant in Omaezaki, Japan; technology centers in the USA, France, the Netherlands, Japan and China and has interests in additive companies operating in other locations, including India.  Learn more about Chevron Oronite at www.oronite.com.

Chevron Oronite is comprised of numerous affiliates that are indirect, wholly-owned subsidiaries of Chevron Corporation. For simplicity in this news release, the terms “Chevron Oronite” and/or “Oronite” are used as abbreviated references to Chevron Corporation affiliates that are part of the Chevron Oronite business unit. Nothing in this document is intended to override or supersede the corporate separateness of these entities.

About Chevron
Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies. More information about Chevron is available at www.chevron.com.