The Lubrizol Corporation
29400 Lakeland Boulevard, Wickliffe, Ohio 44092-2298
News Release
Lubrizol Gets Ahead of Growing Demand with
Le Havre Plant Expansion
CLEVELAND, October 21, 2014 - The Lubrizol Corporation announces it has invested $20 million in its blending plant operations in Le Havre, France. The investment is aimed at helping Lubrizol to stay ahead of market needs as demand for low SAPS and high-tier engine-oil formulations are projected to increase requirements and complexity into the future.
"Ensuring supply reliability for our customers as the engine-oil market increases in complexity and requirements continue to grow over the next few years is one of our top priorities," said Frédéric Henry, Lubrizol manufacturing director EMEA. "By expanding our capabilities and capacity in Le Havre, we'll be able to offer our customers five additional products, enhanced formulation and testing, and a point of differentiation in the competitive marketplace."
Lubrizol's Le Havre expansion will include the addition of component tanks, finished product tanks and automated manifolds, among other upgrades that will enhance safety and efficiency. The expansion will also provide greater flexibility of supply and better service to its customers, allowing the company to manage new, higher-complexity formulations.
"We are in a unique position to be nimble and highly responsive to the needs of our customers," Henry said. "The Le Havre plant expansion is a great example of our commitment to our customers."
Lubrizol Additives is fully committed to helping customers differentiate and succeed by bringing unmatched market expertise, testing capabilities and global supply, part of its focus on working with customers to achieve Success Together. To learn more, visit Lubrizol.com/SuccessTogether/.
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.
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 7,500 employees worldwide. Revenues for 2013 were $6.4 billion. For more information, visit Lubrizol.com.
Media Contact
Meredith Bruder
440-347-5282
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