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Markets :: Specialty Chemicals :: Lubricants
Lubrizol opens additives facility in China
6:47 AM MDT | August 20, 2013 | Deepti Ramesh
Lubrizol has opened its previously announced additives manufacturing facility at Zhuhai, China. The plant is part of the company’s previously announced 10-year, phased investment plan to upgrade operations and increase global capacity for lubricant additives. The plan, which involves a total investment of $1 billion, was announced originally in 2008. The project was placed on hold in 2009 because of the global economic crisis and eventually launched in 2010. Construction on the Zhuhai plant, which required an investment of more than $200...
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