DMX Technology Corp. (DTC) is the Philippine affiliate of DMX International Ltd. which is a petroleum technology integrator providing unique opportunity for oil companies.
DMX engages in the distribution of high-tech lubricants.
ConocoPhillips is the worlds eight largest publicly-owned energy company known for its oil hydrocracking technology and lubricants with the highest efficiency rating and superior environmental performance.
Petterl Makitalo, DMX chief executive officer, welcomed the strategic partnership with ConocoPhillips which is an internationally-renowned energy firm.
ConocoPhillips has assets exceeding $82 billion and a turnover of more than $100 billion in 2003. It is ranked fifth in the world and is the largest oil refiner in the United States.
ConocoPhillips expertise in the production of high-tech lubricant products translates into highest engine efficiency, optimum fuel combustion and savings, maximum use and reuse, and below-industry standards on exhaust emissions.
ConocoPhillips entry to the Philippines through DMX Technology Corp. is expected to benefit Filipino motorist and industrial firms in terms of lubricants that have been produced through cutting edge technology.