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PETROLON AND DUPONT AGREE TO SHARE AND IMPROVE LUBRICANT TECHNOLOGY

 HOUSTON, Aug. 17 /PRNewswire/ -- Houston-based Petrolon, Inc. announces it has signed a technology-sharing agreement proposed by the DuPont Company of Wilmington, Del. The two firms will cooperate in development of improved lubricants and other products incorporating PTFE (polytetrafluoroethylene), a form of which DuPont markets as Teflon(R).
 "Everybody wins with this agreement," said Bill Jeter, president and chief executive office of Petrolon. "It acknowledges and takes advantage of our mutual strengths: Petrolon's unparalleled scientific expertise in chemical formulations incorporating PTFE into automotive engine treatments and other specialty lubricants. And, DuPont's unchallenged experience and capability in fluoropolymer research and development," he said. "We both expect this joint effort to develop new and valuable commercial products," Jeter added.
 Petrolon, Inc. was founded in 1978. It created and dominates the expanding market for anti-wear engine treatments incorporating PTFE, the slipperiest solid substance known.
 Its flagship product, Slick 50(R) Automotive Engine Formula, is a blend of PTFE and unique chemistry in a premium, multi-viscosity carrier oil. That proprietary chemistry holds the PTFE in suspension and ensures that it bonds effectively to metal surfaces within gasoline and diesel engines. Rigorous tests conducted by independent laboratories with facilities monitored by the American Society for Materials and Testing (ASMT) have shown Slick 50(R) Automotive Engine Formula reduces engine wear at start-up and during operation for 50,000 miles.
 Petrolon Technologies, a wholly owned subsidiary of Petrolon, Inc., recently installed an expanded product development laboratory at its Houston headquarters.
 "The lab was designed to support precisely this kind of research. It is possible that, for the first time ever, we will be sharing some of our proprietary technology with DuPont under this agreement," said Richard Janicke, vice president, technical services at Petrolon, Inc. "And, while our investigations will certainly include PTFE and automotive lubricants, we won't be limited to them and expect to test a number of non-automotive products," Janicke added.
 "Under terms of this agreement, DuPont will select and develop a range of fluoropolymers, polymers and co-polymers for Petrolon scientists to bench test in lubricants and other products. If full scale development tests are warranted, we'll go ahead with them," Janicke said. "We get the benefits of DuPont's extensive polymer research and DuPont will receive results from our work with it's products," he added.
 Nearly all Petrolon products combine PTFE with their own unique chemistry. In addition to Slick 50 Automotive Engine Formula, Petrolon also distributes 10 other specially developed truck, RV, motorcycle, small engine, marine and transmission treatments as well as household and specialized lubricants.
 -0- 8/17/93
 /CONTACT: Barry Sobral of Petrolon, Inc., 713-932-9954/
 (DD)


CO: Petrolon, Inc.; DuPont Company ST: Texas, Delaware IN: CHM SU:

PS -- NY057 -- 3567 08/17/93 12:46 EDT
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Publication:PR Newswire
Date:Aug 17, 1993
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