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Lubrizol, the world's leading producer of specialty chemicals, has launched several major projects to advance its commitment to sustained growth in India. The company has committed to invest more than $150 million in the region, including groundbreaking for India's largest CPVC resin plant in Virayat, Gujarat, doubling capacity in Dah, Gujarat, opening a grease lab in Navi Mumbai, and enabling India to significantly increase jobs and innovate.
"India is one of the world's fastest growing economies with a business-friendly investment environment and regional growth in multiple industries we support," said Rebecca Liebert, President and CEO of Lubrizol. "Building on our 50 years of successful business in India, we are supporting domestic innovation by building new manufacturing, lab and R&D sites, leveraging India's large workforce and business conditions to create more jobs, enabling us to meet the business needs of India and surrounding countries."
Lubrizol's business in India dates back to 1966, when the company opened a new chemical additive manufacturing site in the region to support the transportation and industrial markets. Since then, the company has expanded significantly in India, supporting a wide range of industries with products and solutions tailored for the region
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