MOSCOW (MRC) -- Lubrizol is expanding its new global energy and water (E&W) business unit, said Hydrocarbonprocessing, citing the US-based specialty chemicals company press-release.
The announcement was made by John Uhran, vice president of Lubrizol's industrial specialties business group.
"We've always been active in the energy and water segments, but we were calling on these industries from different business groups within Lubrizol," said Uhran. "We pulled everything together to create the energy and water business unit in early 2013. This allowed us to focus on the oilfield, refinery process and industrial water treatment chemicals markets."
"The expansion and growth of this business unit exemplifies Lubrizol's commitment to making our chemical services customers' more competitive in their markets while creating safer working environments for their employees and the communities where they work," Uhran continued.
"Lubrizol's investment in the energy and water business unit will allow us to continue to provide innovative solutions for our customer's end-users."
Lubrizol says it is adding additional resources to grow the new business unit, with emphasis placed on hiring new scientists, along with additional sales and product management staff.
This will accelerate the delivery of Lubrizol innovations to the market to help make Lubrizol's specialty chemical-services customers more successful in their businesses.
The company noted that it has also added capital resources for the expansion o flaboratory facilities in Houston. The lab features testing equipment that enables a higher level of technical support to our customers. The new lab also increases R&D capability that will help Lubrizol develop a broader specialty additives portfolio, according to company officials.
As MRC wrote before, Lubrizol, an innovative specialty chemical company, is planning a four-year, USD400 million global expansion of its chlorinated polyvinyl chloride (CPVC) resin and compounding manufacturing sites.
The Lubrizol Corporation, a Berkshire Hathaway company, is an innovative specialty chemical company that apart from its production develops and supplies technologies to customers in the global transportation, industrial and consumer markets. Lubrizol"s advanced polymer technology delivers exceptional performance for the plumbing, fire sprinkler, industrial and other building and construction related applications. Lubrizol is providing innovative solutions for its customers" high-performance application needs and remains committed to ongoing investment in its CPVC capabilities that support future growth.
MRC