The Lubrizol Corporation announces an update to its ambitious global expansion program supporting the company’s Engineered Polymers thermoplastics polyurethane (TPU) business and growing global demand for its Estane® TPU, Pearlthane(TM) TPU, Pearlbond(TM) TPU and other product lines.
· New capacity being added in key plants in North America, Europe and Asia
· Multi-million-dollar expansions, with a combined investment of nearly $80 million
· New capabilities and capacity demonstrate long term commitment and dedication to technology leadership, innovation, automation and supply chain reliability
“Ongoing investments in Engineered Polymers are an integral part of Lubrizol’s global growth strategy and it will strengthen our position in every region of the world. We see a robust market poised for growth with a rebounding global economy, infrastructure and technology investments, and increasing demand for higher performing, more sustainable materials. We are well prepared to meet the needs of this dynamic market,” states Arnau Pano, Vice President and General Manager, Lubrizol Engineered Materials.
Improving and expanding TPU production
The company is improving capabilities and capacity in North America and in Asia for its global TPU production.
In Europe, the company is extending production capabilities for elastomers, aliphatics and adhesives. These expansions build on the acquisition of Merquinsa in 2011, and improvements to R&D laboratories in 2016. A next major European expansion is planned for 2019.
