Lubrizol to Set up New Facility in Texas, USA

Lubrizol Corporation is to expand its global chlorinated polyvinyl chloride (CPVC) manufacturing facilities by setting up a resin and compounding manufacturing facility in Deer Park, Texas, USA.

The additional capacity will serve Lubrizol building and construction customers on a global basis. The new plant will require a total investment of approximately $125 million over a three-year period.

The company serves the lubricant additives, building and construction, personal care, pharma, coatings, electronics, sports and recreation, and transportation markets.

The facility is expected to be operational by the fourth quarter of 2014 and is designed to complement the company’s existing CPVC manufacturing facilities.

With headquarters in Wickliffe, Ohio, Lubrizol Corporation owns and operates manufacturing facilities in 19 countries. Revenues for 2011 were $6.1 billion.