Printer Friendly

PENNZOIL CO. ISSUES STATEMENT

 PENNZOIL CO. ISSUES STATEMENT
 HOUSTON, April 5 /PRNewswire/ -- Pennzoil Co. (NYSE: PZL) made the


following statement regarding a press release issued late today by Castrol, Inc.:
 Pennzoil spokesman Robert Harper stated, "Castrol's lawsuit, filed late Tuesday, followed by a news release issued late Sunday, seems somewhat desperate.
 "Pennzoil has been in business over 100 years. We know a lot about motor oil, and the No. 1 seller of motor oil doesn't make superiority claims lightly.
 "This matter, of course, will be dealt with in due time in the courthouse where Pennzoil can -- and will -- support its claim of superior protection against viscosity breakdown."
 -0- 4/5/92
 /CONTACT: Robert Harper, 713-546-8536, or David Webster, 713-546-6609, both of Pennzoil/
 (PZL) CO: Pennzoil Co.; Castrol, Inc. ST: Texas IN: OIL SU:


ML -- NYON1 -- 5150 04/05/92 22:48 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 5, 1992
Words:138
Previous Article:SAMUEL MOORE WALTON DIES (Obituary)
Next Article:NVR L.P. ANNOUNCES NEXT STEP IN ITS EFFORTS TO COMPLETE A COMPREHENSIVE FINANCIAL RESTRUCTURING


Related Articles
PENNZOIL REPORTS RESULTS FOR 1991
PENNZOIL ISSUES STATEMENT ON CHEVRON STOCKHOLDER LAWSUIT
PENNZOIL ISSUES STATEMENT REGARDING NINTH CIRCUIT'S RULING
PUROLATOR OFFERING "ANOTHER STEP," SAYS PENNZOIL'S PATE
PENNZOIL OFFERS DEBENTURES EXCHANGEABLE INTO CHEVRON SHARES
PENNZOIL TO CALL DEBT ISSUES
PENNZOIL DISPUTES INITIAL IRS REPORT
PENNZOIL SETTLES HART-SCOTT-RODINO CLAIM
PENNZOIL CHAIRMAN ISSUES STATEMENT ON AZERI OIL DEAL
Pennzoil CEO Writes UPR Board to Inform Them of Possible Gross Misrepresentations Issued by UPR Management

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters