Lubrizol breaks ground on new additive facility in China
The Lubrizol Corp. broke ground on its new additive plant in China, the centerpiece of its previously announced 10-year investment plan to upgrade operations and increase its global lubricant additive capacity. The manufacturing site in South China, within the Zhuhai Gaolan Port Economic Zone, will be developed and phased in to meet market demand. By phasing in select capacity additions, Lubrizol aims to respond to lubricant growth in Asia and better match its manufacturing footprint with global demand patterns. The plant is scheduled to commence operations in the first half of 2013. Production at the plant will focus on select additive components, eventually incorporating driveline, industrial and fuel components, manufacturing and blending. It is estimated that the Zhuhai facility will require an investment in excess of US$200 million over the next three years. (October 15, 2010)