The US-headquartered Lubrizol Corporation recently opened a chlorinated polyvinyl chloride (CPVC) compounding plant in Dahej, India.
This opening represents the culmination of the specialty chemicals company’s investments in its global expansion of its manufacturing sites. These most recent investments, which were announced in 2013, total more than US$200 million and also include the 2015 opening of a resin manufacturing facility as part of a joint investment in Rayong, Thailand, as well as an expansion of the company’s manufacturing facility in Louisville, Kentucky.
Located in the Gujarat Industrial Development Corporation (GIDC), which is one of the largest chemical parks in India, Lubrizol is the first major global producer of CPVC to establish operations in India. With capacity to produce approximately 55,000 metric tons of compounds annually, the more than US$50 million investment in this plant further solidifies Lubrizol’s commitment to the Indian market.
“Our recent expansion efforts, combined with our existing operations, positions Lubrizol to continue to be a strong market leader for many years to come,” stated Eric Schnur, president of Lubrizol Advanced Materials. “We are pleased to have an unmatched global footprint that provides our partners with reliable, high quality compounds to enable them to achieve their overall growth objectives.”
“With construction projects in non-metro cities expected to continue to increase in India, and with the central government of India aiming to build more smart cities, the demand for trustworthy piping systems is expected to rise,” said Manoj Dhar, head of TempRite Engineered Polymers in South Asia. “Lubrizol is dedicated to providing our customers with the highest quality piping products through our insistence of using only the best raw materials, and our new India compounding plant will use the industry’s most advanced compounding technology used in our FlowGuard, BlazeMaster and Corzan products developed in the U.S. and employed in our manufacturing sites around the globe.”