Founded | 1933 |
---|---|
Defunct | 1962 |
Successor | ExxonMobil |
Products | Gasoline, lubricants |
Owner |
The Standard Vacuum Oil Company was an American joint venture by Standard Oil of New Jersey and Socony-Vacuum Oil (aka Mobil) established in 1931 to make and market products in the Far East.[1] Around World War I, the market in the Far East was too large to leave unattended, but still small.
Thus these two American oil companies started Standard Vacuum Oil as a joint venture. The two partners would eventually merge into ExxonMobil in 1999.