LEXINGTON, Ky., Sept. 13, 2021 /PRNewswire/ -- Valvoline
Inc. (NYSE: VVV) – a U.S.-based, leading worldwide
supplier of premium automotive services and branded lubricants –
and Cummins Inc. – the world's largest independent manufacturer of
engines and related components with operations in over
190 countries and territories – announced today a five-year
renewal of their longstanding marketing and technology partnership
agreement.
Under this renewal, Cummins will endorse and recommend
Valvoline's Premium Blue™ engine oil for its heavy-duty diesel
engines and generators and will sell Valvoline product through its
multiple channels worldwide. Additionally, Cummins' plants across
the globe will use Valvoline-supplied lubricants and oils in
day-to-day operations.
"When I think about our unique partnership with Cummins, I think
about two of the best-known teams in our respective fields making
each other better," said Valvoline Chief Executive Officer
Sam Mitchell. "This relationship is
undeniably one of the most important ones we have, and our
strategic and fruitful alignment is ultimately beneficial for our
companies, our people and our customers."
"This is a fantastic partnership that couples our cutting-edge
engines with Valvoline's innovative motor oils to provide optimal
performance for our customers," said Tracy
Embree, Cummins Vice President and President of the
Distribution Business. "Our engines are working in some of the
toughest conditions around the world, so we benefit from the strong
products that Valvoline brings to supplement their performance. We
truly bring out the best in one another."
Since the mid-1990s, Valvoline and Cummins have worked in tandem
to develop lubricants for numerous heavy-duty applications,
including fluids for vehicles powered by alternative fuels.
Additionally, and because of this partnership, many unique products
have been developed, tested and launched, including Valvoline
Premium Blue One Solution and Valvoline Premium One Solution Gen2™
– oils given multiple industry awards for their superior quality
and unmatched savings to end-users.
"The value of this partnership is about delivering optimal
engine performance, protecting those engines for a long life and
helping our customers lower their operating costs," said
Mitchell.
"This partnership has resulted in a multitude of successes, the
first of which was the introduction of Valvoline Premium Blue
branded motor oil. Even after more than two
decades, it is still the only motor oil brand that
Cummins endorses," added Embree.
Valvoline's Premium Blue One Solution Gen2 engine oil not only
works in diesel and gasoline engines, but also in engines powered
by natural gas. Because of this, Premium Blue One Solution Gen2 has
become the preferred oil for multiple companies due to its
industry-leading oil drain intervals.
In addition to its strategic partnership and ongoing,
collaborative product and technology innovation, Cummins and
Valvoline have formed numerous joint ventures around the world
focused on the production, distribution and marketing of
lubricants, grease and allied products.
"We believe that the Valvoline/Cummins relationship can get even
stronger over these next five years and beyond as we partner more
closely and align our teams to bring value to even more customers
around the world," added Mitchell.
To learn more, visit www.valvoline.com.
About Valvoline™
Valvoline Inc. (NYSE: VVV) is a
leading worldwide marketer and supplier of premium branded
lubricants and automotive services, with sales in more than 140
countries. Established in 1866, the Company's heritage spans more
than 150 years, during which time it has developed powerful brand
recognition across multiple product and service channels. Valvoline
ranks as the No. 3 passenger car motor oil brand in the DIY market
by volume. It operates and franchises more than 1,500 quick-lube
locations, and it is the No. 2 chain by number of stores in
the United States under the
Valvoline Instant Oil ChangeSM brand and the No. 3 chain
by number of stores in Canada
under the Valvoline Great Canadian Oil Change brand. It also
markets Valvoline lubricants and automotive chemicals, including
Valvoline EV Performance Fluids; Valvoline Hybrid Vehicle Full
Synthetic motor oil; Valvoline High Mileage with MaxLife technology
motor oil for engines over 75,000 miles; Valvoline Advanced Full
Synthetic motor oil; Valvoline Premium BlueTM heavy-duty
motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid;
and ZerexTM antifreeze. To learn more, visit
www.valvoline.com.
™ Trademark, Valvoline or its subsidiaries,
registered in various countries
℠ Service mark, Valvoline or its subsidiaries,
registered in various countries
About Cummins Inc.
Cummins Inc., a global power
leader, is a corporation of complementary business segments that
design, manufacture, distribute and service a broad portfolio of
power solutions. The company's products range from diesel, natural
gas, electric and hybrid powertrains and powertrain-related
components including filtration, aftertreatment, turbochargers,
fuel systems, controls systems, air handling systems, automated
transmissions, electric power generation systems, batteries,
electrified power systems, hydrogen generation and fuel cell
products. Headquartered in Columbus,
Indiana (U.S.), since its founding in 1919, Cummins employs
approximately 57,800 people committed to powering a more prosperous
world through three global corporate responsibility priorities
critical to healthy communities: education, environment and
equality of opportunity. Cummins serves its customers online,
through a network of company-owned and independent distributor
locations, and through thousands of dealer locations worldwide and
earned about $1.8 billion on sales of
$19.8 billion in 2020. Learn more at
cummins.com.
FOR FURTHER
INFORMATION
|
|
|
|
Media
Relations
|
Investor
Relations
|
Ashley Foster,
APR
|
Sean T.
Cornett
|
+1 (205) 322-5646
x551
|
+1 (859)
357-2798
|
ashley@bigcom.com
|
scornett@valvoline.com
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/valvoline-and-cummins-announce-renewal-of-longstanding-marketing-and-technology-partnership-301373600.html
SOURCE Valvoline Inc.