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Techron is a patented fuel additive developed by Chevron Corporation and sold in its fuel operations (including Texaco and Caltex).It contains a polyether amine-based detergent, which is purported to dissolve deposits in automotive engines and prevent them from building up.
Texaco gasoline comes with Techron, an additive developed by Chevron, as of 2005, replacing the previous CleanSystem3. The Texaco brand is strong in the U.S., Latin America, and West Africa. It has a presence in Europe as well; for example, it is a well-known retail brand in the UK, with around 980 Texaco-branded service stations.
Chevron and QuikTrip were first, [29] followed that same year by 76 Stations, Conoco, Phillips 66, Road Ranger, Kwik Trip/Kwik Star, Shell, and MFA Oil Company. Since then, many more gasoline distributors have met the proprietary standard and TOP TIER gasoline can now be found in gas stations all over the U.S. and Canada. [30] [31]
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Image source: Getty Images. In this way, Chevron is something of a through-the-cycle choice in the energy sector.With a generous 4.5% dividend yield it might even interest income investors today ...
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas.The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries.
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