Lubrizol Corporation has expanded its presence in India with the opening of a new regional applications and business centre in Mumbai to support its advanced materials business segment.
Lubrizol Advanced Materials focuses on branded specialty polymers and additives used in coatings, personal care and specialty plastics, which are used as performance enhancers in well-known global consumer products.
By providing applications research capability regionally, the company aims to offer solutions to fit local customer needs and shorten the supply lines.
''We view this market as a great opportunity for Lubrizol Advanced Materials, and our new site represents an important step in what we intend to be a long-term effort focused on growth and investment in this region,'' said Eric Schnur, president, Lubrizol Advanced Materials.
The new centre houses a laboratory with development, formulation and applications testing capabilities in multiple personal care and coatings applications as well as a pharmaceutical application development center.
The site also supports Lubrizol's business in engineered polymers, which is well known in India for its FlowGuard brand, a high performance engineered plastic widely used for hot and cold water delivery.
At present, Lubrizol Advanced Materials has one manufacturing facility in India located in Vadodara. This facility provides global supply of naturally derived thickeners used in the personal care market.
Lubrizol also has a joint venture with Indian Oil and operates a facility in Turbhe, Navi Mumbai, in Maharashtra, for the production of additives vital to the formulation of engine and transmission lubricants.
Lubrizol India Private Limited develops, manufacturers and markets specialty additives designed to enhance the quality, performance and value of customers' products, specifically fuels and lubricants for the transportation and industrial markets.