New reactor at Avon Lake facility complements expansion in Europe
CLEVELAND, July 22, 2015 - The Lubrizol Corporation announces the launch of a new hyperdispersant reactor at its Avon Lake, Ohio facility. The unit will be used for the manufacture of Solsperse(TM) hyperdispersants. Through excellent dispersion stability, Solsperse hyperdispersants enable premium levels of appearance and performance while driving improvements to manufacturing efficiency and quality in the production of a wide ranges of paints, coatings, colorants and inks. The launch follows recent expansion of hyperdispersant capacity in Europe. Taken together, the recent actions in the U.S. and Europe will significantly increase Lubrizol's ability to produce Solsperse hyperdispersants to meet growing demand worldwide.
Commenting on the new U.S.-based capacity, Tom Keir, director of product management, states, "Our investment in this new manufacturing unit underlines our commitment to bringing high-value dispersant chemistry to the global market. The improved efficiency and operational flexibility offered by this added capacity, coupled with our recent expansion in Europe, will enable us to provide our customers with a diversity of options to meet their needs."
The addition of the new reactor required additional operator resources as well, growing the number of employees at the Avon Lake facility by 5%.
About Lubrizol Performance Coatings
At Lubrizol, we innovate coatings solutions that help our customers balance the aesthetics, durability, and functionality needs of their products for a wide array of surfaces and substrates. Our strength is in collaborating with customers to solve their toughest challenges-such as making coatings safer, enhancing production efficiency and reducing environmental impact-without compromising performance. To learn more, contact your Lubrizol representative or visit www.lubrizol.com/coatings
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
Mike Heil
216-447-5176
Website: www.lubrizol.com
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