Exxon Mobil Corporation (ticker: XOM, exchange: New York Stock Exchange (.N))
News Release -
Cemex Selects ExxonMobil as Worldwide Lubricants SupplierFAIRFAX, Va. & MONTERREY, Mexico, Sep 19, 2002 (BUSINESS WIRE) -- CEMEX, a
leading global producer and marketer of cement and ready-mix products, has
selected ExxonMobil Lubricants & Specialties (NYSE:XOM) as its sole source
supplier of lubricants and in-plant lubrication services worldwide.
"CEMEX is one of the most efficient cement producers in the world," said Jim
Marcogliese, Executive Vice President of ExxonMobil Lubricants & Petroleum
Specialties Company. "This agreement expands the long relationship between CEMEX
"CEMEX recognizes ExxonMobil Lubricants & Specialties as the global leader in
lubricants and lubrication," said Armando J. Garcia, CEMEX Executive Vice
President of Development. "ExxonMobil is able to provide CEMEX with high quality
products and services across the many different geographies where CEMEX
operates. We expect this agreement to result in a permanent strategic alliance
oriented to continuous improvement and business success."
The agreement covers Industrial, Commercial Vehicle and Passenger Vehicle
lubricants, and related services.
"As CEMEX's sole source supplier, ExxonMobil will provide a standardized global
package for all CEMEX facilities worldwide," said Marcogliese. "This package
includes high performance lubricants and related support, featuring Mobil
Planned Engineering Services, and a global logistic network."
CEMEX is a leading global producer and marketer of cement and ready-mix
products, with operations concentrated in the world's most dynamic cement
markets across four continents. CEMEX combines a deep knowledge of the local
markets with its global network and information technology systems to provide
world-class products and services to its customers, from individual homebuilders
to large industrial contractors.
ExxonMobil is the world's number one supplier of lube basestocks and a leading
marketer of finished lubricants and specialty products. ExxonMobil products are
sold under the Esso, Exxon, and Mobil brands.
ExxonMobil Lubricants & Specialties lubricants and lubrication services are
available in more than 200 countries around the world.
Additional information about ExxonMobil Lubricants & Specialties can be found on
the Internet at http://www.exxonmobil.com/lubes.
Additional information about CEMEX can be found on the Internet at
Note: A Photo is available at URL:
CONTACT: ExxonMobil, Fairfax
Don Turk, 703/846-4467
CEMEX, Mexico City
Jorge Perez, (52-81) 8152-2739
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