Mitsui, Lubrizol collaborate Lucant polymer product line

Mitsui, Lubrizol collaborate for Lucant polymer product line

12:09 PM, 25th November 2014
Mitsui, Lubrizol collaborate for Lucant polymer product line

CLEVELAND, US/TOKYO, JAPAN: The Lubrizol Corporation and Mitsui Chemicals, Inc have entered into an alliance agreement making Lubrizol the exclusive worldwide seller and marketer of the LUCANT polymer product range to the lubricant industry. This agreement will maximize each company’s strengths and utilizes a joint development approach to new polymer R&D. LUCANT will be marketed as a viscosity modifier for lubricant applications as well as a synthetic base fluid component for lubricant formations.

The addition of LUCANT significantly expands Lubrizol’s portfolio of performance polymers. Through Lubrizol’s extensive application knowledge and testing capabilities, Mitsui Chemicals expects to strengthen the appeal of LUCANT to the lubricant oil industry and better respond to individual customer needs by accelerating research and development efforts for new products and expanding applications.

“Working with Lubrizol, we are confident we will be better positioned to support the growing LUCANT business generated by our customers. Additionally, we believe that the combination of both our companies’ individual strengths, expertise and capabilities will not only enable new product development, but will also allow us to bring solutions to the market faster,” said Koichiro Sato, General Manager, Elastomers Division, Functional Polymeric Materials Business Sector, Mitsui Chemicals.

 

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