Standard Vacuum Oil Company

Standard Vacuum Oil Company
Founded1933; 91 years ago (1933)
Defunct1962; 62 years ago (1962)
SuccessorExxonMobil
ProductsGasoline, 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.

  1. ^ Drucker, Peters F. Management, p. 724.