CLEVELAND, US: The Lubrizol Corporation announced a global expansion program supporting the its 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
In North America, the company is adding new state-of-the-art production capabilities, expanded raw material storage, warehouse space and improved site logistics. With the latest investment, new capacity is expected to come onstream later this year.
In Songjiang, China, the company held a ribbon cutting ceremony earlier this month to inaugurate a new compounding line and new extrusion lines. 2018 marks the fourth major expansion in Songjiang since the plant first produced TPU in the early 2000's. Recognizing the vast potential of the Chinese market, Lubrizol was the first foreign company to invest in local TPU production. Further investment is planned in Asia in 2019.
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