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Lubrizol commits over US$150 million to accelerate growth in India

Source:Adsale Plastics Network Date :2023-07-04 Editor :JK
Copyright: Original work. Please do not reprint.

The Lubrizol Corporation, a global leader in specialty chemicals, is advancing its commitment to continued growth in India with several significant projects across its portfolio.

 

The company is pledging more than US$150 million of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat, opening a grease lab in Navi Mumbai and enabling significant in-country job growth and innovation.


made in india

Lubrizol works to double production capacity at its site in Dahej.


“India is among the fastest-growing global economies with a favorable climate for business investment, including regional growth in many of the industries we support,” said Lubrizol President and CEO Rebecca Liebert.

 

“We are building on 50 years of success in India by adding new manufacturing, lab and R&D sites, supporting in-country innovation and adding jobs that capitalize on the great expanding workforce and business conditions in India, allowing us to serve needs not only in India but in surrounding countries.”


New investment projects 

 

Lubrizol expects to enable 4,000 direct and indirect jobs through several new investment projects:

 

  • Enabling World’s Largest CPVC Resin Production with Grasim Industries Limited


    Lubrizol and Grasim Industries Limited, a flagship company of the Aditya Birla Group, will break ground on the first phase of a 100,000 metric-ton state-of-the-art CPVC resin plant at Grasim’s site in Vilayat later this year.


    This will be the largest single-site capacity for CPVC resin production globally. The CPVC resin produced at Vilayat will enable product sold under Lubrizol’s FlowGuard Plus, Corzan and BlazeMaster brands.

 

CPVC resin

Lubrizol’s FlowGuard Plus.


  • Providing Access to Clean Drinking Water by Doubling CPVC Capacity, Establishing R&D Capabilities in Dahej, Gujarat


    Lubrizol will double its existing CPVC compound capacity at Dahej, Gujarat, from existing 70,000MT to 140,000MT. Lubrizol also plans to setup a local R&D center, which will be its second global R&D center after North America.


    With this investment, Lubrizol becomes the only company in India with end-to-end CPVC capability and well poised to serve the needs of local Indian customers. This capacity will also cater to neighboring high-growth markets like Nepal, Bangladesh and Indonesia.

 

  • Supporting Transportation, Industrial Customers Across the World with Mumbai India Grease Lab, Turbhe Expansion


    Earlier this year Lubrizol announced the opening of a new grease lab in Navi Mumbai, India, to support the testing and development of calcium sulfonate greases with strong potential in the industrial grease market.


    Since 2020, the company’s Additives business has introduced more than 35 new blends for transportation and industrial applications localized in India, adding a new storage facility and filtration capabilities at its production site in Turbhe.


grease

Lubrizol grease lab in Navi Mumbai.


  • Meeting Personal Care, Home Care Needs of a Growing Middle Class and Doing it Sustainably


    As the middle class in India continues to expand, demand is increasing for beauty and home products in region. As a leading solutions provider for the beauty and home care industries, the company will continue to innovate sustainable solutions unlocking in-region opportunities for its partners.

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Source:Adsale Plastics Network Date :2023-07-04 Editor :JK
Copyright: Original work. Please do not reprint.

The Lubrizol Corporation, a global leader in specialty chemicals, is advancing its commitment to continued growth in India with several significant projects across its portfolio.

 

The company is pledging more than US$150 million of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat, opening a grease lab in Navi Mumbai and enabling significant in-country job growth and innovation.


made in india

Lubrizol works to double production capacity at its site in Dahej.


“India is among the fastest-growing global economies with a favorable climate for business investment, including regional growth in many of the industries we support,” said Lubrizol President and CEO Rebecca Liebert.

 

“We are building on 50 years of success in India by adding new manufacturing, lab and R&D sites, supporting in-country innovation and adding jobs that capitalize on the great expanding workforce and business conditions in India, allowing us to serve needs not only in India but in surrounding countries.”


New investment projects 

 

Lubrizol expects to enable 4,000 direct and indirect jobs through several new investment projects:

 

  • Enabling World’s Largest CPVC Resin Production with Grasim Industries Limited


    Lubrizol and Grasim Industries Limited, a flagship company of the Aditya Birla Group, will break ground on the first phase of a 100,000 metric-ton state-of-the-art CPVC resin plant at Grasim’s site in Vilayat later this year.


    This will be the largest single-site capacity for CPVC resin production globally. The CPVC resin produced at Vilayat will enable product sold under Lubrizol’s FlowGuard Plus, Corzan and BlazeMaster brands.

 

CPVC resin

Lubrizol’s FlowGuard Plus.


  • Providing Access to Clean Drinking Water by Doubling CPVC Capacity, Establishing R&D Capabilities in Dahej, Gujarat


    Lubrizol will double its existing CPVC compound capacity at Dahej, Gujarat, from existing 70,000MT to 140,000MT. Lubrizol also plans to setup a local R&D center, which will be its second global R&D center after North America.


    With this investment, Lubrizol becomes the only company in India with end-to-end CPVC capability and well poised to serve the needs of local Indian customers. This capacity will also cater to neighboring high-growth markets like Nepal, Bangladesh and Indonesia.

 

  • Supporting Transportation, Industrial Customers Across the World with Mumbai India Grease Lab, Turbhe Expansion


    Earlier this year Lubrizol announced the opening of a new grease lab in Navi Mumbai, India, to support the testing and development of calcium sulfonate greases with strong potential in the industrial grease market.


    Since 2020, the company’s Additives business has introduced more than 35 new blends for transportation and industrial applications localized in India, adding a new storage facility and filtration capabilities at its production site in Turbhe.


grease

Lubrizol grease lab in Navi Mumbai.


  • Meeting Personal Care, Home Care Needs of a Growing Middle Class and Doing it Sustainably


    As the middle class in India continues to expand, demand is increasing for beauty and home products in region. As a leading solutions provider for the beauty and home care industries, the company will continue to innovate sustainable solutions unlocking in-region opportunities for its partners.

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Lubrizol commits over US$150 million to accelerate growth in India

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