The Lubrizol Corporation
29400 Lakeland Boulevard, Wickliffe, Ohio 44092-2298
News Release
Lubrizol to Showcase Expanded
Medical Polymer Solutions at NPE 2015
CLEVELAND, March 23, 2015 - The Lubrizol Corporation announces that its LifeSciences business will showcase their total solutions capabilities, including those from the acquisition of Vesta and recent alliances with Particle Sciences and Cleveland Clinic at the NPE 2015 Showcase (Booth S12073) March 23-27 at the Orange County Convention Center in Orlando, FL.
The acquisition of contract manufacturer Vesta, in combination with the recent Particle Sciences alliance and collaboration with Cleveland Clinic means that the Lubrizol LifeSciences business now offers complete, full-service solutions to the medical device and drug delivery markets. Vesta complements Lubrizol's long-term implantable portfolio in the life science sector by adding capabilities in silicone component manufacturing and deepening proficiency in precision thermoplastic extrusion. The alliance with Particle Sciences, an integrated provider of drug development services, offers customers a comprehensive solution providing a range of materials, drug development and commercial manufacturing services that is one of the most unique in the pharmaceutical industry. The recent alliance with the Cleveland Clinic means that the chemists and engineers who create the materials will be much more closely connected with the clinicians who identify unmet clinical needs and seek solutions.
"As we continually look for new ways to innovate for our customers, collaborations with a leading clinical provider, such as Cleveland Clinic, will help us take the next step in delivering solutions that better address the needs of the healthcare industry," states Deb Langer, vice president and general manager, Lubrizol LifeSciences. "This opportunity provides us with a fresh hands-on perspective that will help focus on the medical problems that really matter to patients and providers."
Lubrizol LifeSciences aims to support our customers' success at every stage of development: advanced polymer materials, R&D/engineering, quality processes and manufacturing efficiency. This unique combination offers tremendous partnering opportunities to deliver comprehensive medical solutions.
Vesta is part of Lubrizol Advanced Materials Inc.
About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care and personal care products and pharmaceuticals, and specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Our products for the oilfield market include technologies for exploration, production and transportation.
With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,000 employees worldwide. Revenues for 2014 were $7 billion. For more information, visit Lubrizol.com.
Media Contact
Ben Patti
(216) 447-5827
benjamin.patti@lubrizol.com
www.lubrizol.com
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