Lubrizol expand global chlorinated polyvinyl chloride capacity

Lubrizol to expand global chlorinated polyvinyl chloride capacity

7:10 AM, 14th March 2013
Lubrizol to expand global chlorinated polyvinyl chloride capacity

CLEVELAND, US: The Lubrizol Corporation announced a more than $400 million investment over the next four years in a global expansion of its chlorinated polyvinyl chloride (CPVC) resin and compounding manufacturing sites. These expansion efforts will ensure Lubrizol is well-positioned with the necessary manufacturing capabilities to readily supply global demand and position the company’s CPVC business for future growth.

With continued strong global demand for the company’s CPVC compounds, Lubrizol’s expansion efforts will be divided into two phases: Phase I will be operational by end of 2014 with total capacity of 85,000 metric tonne of CPVC resin and 100,000 metric tonne of CPVC compound and total investment of approximately $200 million. Phase II will be operational by end of 2016 and will add 85,000 metric tonne of CPVC resin and 100,000 metric tonne of CPVC compound. Total additional investment of Phase II is approximately $200 million.

“Lubrizol is committed to ensuring product availability and quality for our global CPVC customers. Through these global capacity expansion efforts, we will be in a strong 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,” said Eric Schnur, President, Advanced Materials, Lubrizol.

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