German lubricant manufacturer “Taking a stand against irresponsibility and the destruction of the environment” by removing BP as a supplier

Ulm, Germany, 30th June 2010 – The German motor oil manufacturer LIQUI MOLY is boycotting the British mineral oil company BP (represented in Germany by the brands Aral and Castrol) over the environmental disaster in the Gulf of Mexico.

“With immediate effect, BP and all its subsidiaries have been removed from our list of suppliers and our company vehicles will no longer be filling up at Aral”, says Ernst Prost, owner and CEO of LIQUI MOLY.

With this action, we are taking a stand against the irresponsible behaviour and environmental damage“, says Prost.

“On a smaller scale, we try to prevent damage to the environment occurring as we handle our raw materials day after day. But when it comes to the big scale, the BP-Aral-Castrol concern is lacking any sense of responsibility. I can not and will not support this behaviour.”

LIQUI MOLY is a medium-sized company that does not drill for oil itself, instead it purchases it and refines it to produce motor oils.

“But even if we don’t do the drilling ourselves, we obviously make use of the product others drill for us. And the drilling and use of oil as a raw material is something that puts pressure on the environment. This means that it is even more important to do our duty, and all we can, to ensure that the consequences are kept to an absolute minimum. And that is exactly what BP isn’t doing”, says Ernst Prost.

Ernst Prost continues: “From BP’s perspective, the real catastrophe is not the one taking place in the Gulf of Mexico, it is the in the value of their shares. The shareholder value is of more importance to the concern than the gigantic ecologic mess it has created.

“And the concern is just as disrespectful when it comes to their own employees. Hundreds of jobs are currently being relocated from Germany to Hungary. In order to save a little on the cost of wages, employees and their families are simply being thrown overboard. Figures in place of decency, dividends in place of responsibility – no, I don’t want do business with people like that.”

LIQUI MOLY GmbH from Ulm in South Germany offers a wide range of qualitative high-quality products such as motor oils, additives, vehicle care products and service products. The range includes some 4000 items. LIQUI MOLY develops and tests their products in their own laboratories, manufactures exclusively in Germany and markets all of their products themselves. LIQUI MOLY was founded some 50 years ago and is now one of the leading companies in the industry. The products are sold in Germany and in 90 other countries.