Press Release

Shell Lubricants Expands Industrial Product Portfolio to Offer Complete Lubrication Solutions

New PAG-based Fluids Strengthen Primary Metals and Power Sector Product Lines

Houston, TX – Shell Lubricants is expanding their portfolio to provide end-to-end lubrication solutions and service offerings for businesses across key industrial sectors, helping keep equipment operating efficiently. With this business expansion, Shell Lubricants has prioritized its focus on supporting the primary metals and power sectors with the addition of new products to its portfolio.

“Our expanded portfolio allows customers to source Shell Lubricants as their premiere, single supplier to manage all lubricant needs,” said Heather Rogers, industrial sales manager, Shell Lubricants. “Shell Lubricants is persistently moving forward across all of our business sectors to provide customers with a comprehensive end-to-end solution.”

Included in this new portfolio is a substantial selection of more than 130 fluids and greases. Among the key portfolio additions are the Shell EcoSafe® Hydraulic Fluids and Shell EcoSafe® Turbine Fluids. The polyalkylene glycol (PAG)-based fire-resistant fluids are formulated for use in hydraulic and turbine applications. These synthetic products are designed to provide outstanding performance in extreme operating conditions.

“Shell Lubricants is invested in providing the most advanced products to meet the always evolving needs of industrial operations,” said Jim McCormick, vice president of sales, Shell Lubricants. “The addition of the new Shell EcoSafe product line strengthens our industrial product offerings, providing a line of fire-resistant fluids for the primary metals and power sectors.”

Shell EcoSafe PAG-based synthetic lubricants help provide excellent equipment protection, are engineered to work in multiple environments and have been designed with environmental concerns in mind. The highly specialized, water-glycol lubricants are fire-resistant hydraulic fluids designed for use in demanding high-temperature conditions such as those found at steel mills.

This advanced line of Shell industrial lubricants includes an extended range of compressor fluids, calcium sulfonate greases, biodegradable lubricants, water-glycols, and other synthetic product solutions.

All Shell industrial products are supported by technical experts who help businesses discover more ways to optimize operations and attain the most out of their equipment.

For additional information on these products, please visit Shell Lubricants and Oils For Businesses.

About Shell Lubricants
The term ‘Shell Lubricants’ collectively refers to the companies of Royal Dutch Shell plc that are engaged in the lubricants business. Shell Lubricants companies lead the lubricants industry, supplying more than 13% of global lubricants volume*. The companies manufacture and blend products for use in consumer, heavy industrial and commercial transport applications. The Shell Lubricants portfolio of top-quality brands includes Shell Rotella®, Pennzoil®, Quaker State®, FormulaShell®, Shell TELLUS®, Shell RIMULA®, Shell SPIRAX® and Jiffy Lube®.

*Kline & Company’s 17th Edition Global Lubricants Industry: Market Analysis and Assessment: 2019 report

Cautionary Note
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this Press Release “Shell”, “Shell Group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this Press Release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

This Press Release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this Press Release , including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this Press Release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s Form 20-F for the year ended December 31, 2018 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this Press Release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this Press Release, October 15, 2020. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this Press Release.

We may have used certain terms, such as resources, in this Press Release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.