Philippines Welcome ConocoPhillips

ConocoPhillips, American largest oil refiner is interested to enter the Philippine market, and now is negotiating with a local firm for the distribution of its "high-tech" lubricants.
ConocoPhillips is going to offer motorists and industrial consumers a third choice to mineral and synthetic lubrication and hydraulic oils currently in the market -- "technology-driven" alternative hydroclear oils that offer "highest energy efficiency, optimum fuel combustion and savings, maximum use and reuse, and below-industry standards on exhaust emissions."
DMX Technology Corp. has entered into a partnership with ConocoPhillips to distribute Conoco brand hydroclear oils in the Philippines.

DMX CEO Petteri Makitalo said that because of the partnership, Filipinos would enjoy "what first-world economies -- including emerging ones from Asia -- have been benefiting from lately in terms of energy efficiency and cutting edge technology."
ConocoPhillips began marketing its line of environment-friendly hydrocracked lubricants in 1997.