Chevron Joins Councilmember Janice Hahn To Launch New Diesel Alternative at the Port of Los Angeles; Cost-Effective, Cleaner-Burning Fuel Reduces Emissions from Diesel Engines.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--June 17, 2002

At an official ceremony today at the Port of Los Angeles, Chevron Products Company announced the launch of Proformix(TM) fuel, a lower-emissions fuel for diesel engines that will be used by fleet vehicles in and around the port terminals. The new cost-effective, cleaner-burning fuel significantly reduces particulate matter (PM) and nitrogen oxides (NOx). Chevron is introducing the new fuel in limited quantities to on-and-off highway commercial customers in Southern California.

"We congratulate efforts like today's announcement by Chevron to improve our air quality and protect the public's health," said Los Angeles City Councilmember Janice Hahn. "I am confident we can improve efforts and make significant strides towards reaching emission-reduction goals to protect the local environment."

Terminal operators at the Port of Los Angeles including MTC have tested Proformix(TM) fuel and agreed to use the new fuel. Proformix(TM) fuel provides customers with an effective way to meet air quality objectives.

"Proformix(TM) fuel instantly reduces emissions from most existing diesel engines without hardware add-ons, engine modifications or replacements required by many other diesel fuel alternatives," said Sheila Taylor, vice president of U.S. Marketing, Chevron Products Company. "It is a `fill-and-go,' practical solution for our commercial customers to reduce emissions."

The California Air Resources Board (ARB) verified this technology with test results concluding PM reduction by 63 percent and NOx by 14 percent. Using the ARB Emissions Inventory Model, the switch from current California diesel fuel to Proformix(TM) fuel would result in the following emission reduction benefits per five million gallons consumed on an annual basis:

-- Particulate matter (PM) emissions benefits are equivalent to taking roughly
259 heavy-heavy duty trucks off the road each day or taking approximately
29,000 cars off the road each day in the Los Angeles Basin.

-- Nitrogen oxides (NOx) emissions benefits are equivalent to removing
approximately 58 heavy-heavy duty trucks or 4,900 cars from the road each day
in the Los Angeles Basin.

"This product is compatible with existing equipment, allowing the Port community to enjoy its benefits immediately," said Larry A. Keller, Port of Los Angeles executive director. "We are encouraging terminal operators to take advantage of this low-cost, simple solution."

The product will be marketed to commercial customers with centrally fueled fleets or equipment, including buses, waste management fleets, agricultural/construction equipment and stationary power generators.

Proformix(TM) fuel is a "water-in-fuel" diesel blend that utilizes Lubrizol's PuriNOx(R) technology to lower PM and NOx emissions in direct-injection, diesel-powered engines. Chevron entered an agreement with The Lubrizol Corporation, a fluid technology company specializing in high-performance chemicals, systems and services, to take a lead in bringing lower-emissions diesel fuel to Southern California.

Based in San Ramon, Calif., Chevron Products Co. markets gasoline, diesel fuel and other petroleum products in the United States. With six petroleum refineries and 8,200 Chevron branded retail outlets, it serves customers in 28 states, primarily in the West, Southwest and South and in the District of Columbia. To learn more about Proformix(TM) fuel, please visit: www.chevronproformix.com or call 1-800/842-1459.