The Lubrizol Corporation has received all necessary regulatory approvals for its previously announced joint investment in a chlorinated polyvinyl chloride (CPVC) resin manufacturing facility with Sekisui Chemical Company, Ltd. The joint investment, which was originally announced in February 2013, will be located in Thailand and is expected to be fully operational by late 2014 or early 2015. Lubrizol's involvement in this joint investment is part of the company's multi-phased US$400 mln expansion of its global resin and compounding manufacturing capacity. In addition to the Thailand JV, Lubrizol recently broke ground on a new compounding plant in Dahej, India and is expanding its resin and compounding facility in Louisville, KY. Overall expansion efforts are expected to add 170,000 metric tons of CPVC resin and 200,000 metric tons of CPVC compound.
"Lubrizol recognizes the global growth potential for its highly valued TempRite(R) compounds and is committed to ensuring global product availability," said John Nunnari, global general manager of TempRite Engineered Polymers. "Our customers use these compounds to manufacture and market piping system products under the FlowGuard(R), BlazeMaster(R) and Corzan(R) brands. Through our capacity expansion efforts, we will be in a stronger position to meet global demand as well as better serve the needs of our existing and future customers to help them achieve their business success." CPVC resins manufactured at the Thailand site will be designed to meet the differing and unique requirements of either Lubrizol or Sekisui's resin performance specifications and quality standards. Both companies will continue to independently market and sell their exclusive CPVC compounds, which are designed to meet the specific performance and market requirements of their respective customers.
04-Jun-14 
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