Lubrizol Answers the Increasing Demand for Specialty TPU in China and Asia Pacific Estane® TPU Plant Expansion Underway07 May 2008 • by Natalie Aster
CLEVELAND, OH and SHANGHAI, CHINA -- Lubrizol Specialty Chemicals Manufacturing (Shanghai) Co., Ltd., a subsidiary of The Lubrizol Corporation (NYSE: LZ), has expanded it manufacturing facility in the Song Jiang Industrial Zone near Shanghai, China to meet the growing demand for specialty thermoplastic polyurethanes (TPUs) in this region. Lubrizol high- performance TPUs are sold under the Estane® trade name.
Lubrizol has invested significantly to double the manufacturing capacity at the Song Jiang plant. Construction is well underway, with expected completion by the summer of 2008. Additional land has been reserved for future expansions.
The Song Jiang facility is the first multinational TPU manufacturing facility in China featuring state-of-the-art processing technology. Therefore, all Estane TPU manufactured at this location is of the highest quality to meet customers' needs.
"Two or three month planning cycles are generally required when our Estane TPU is imported from Europe or the United States. By building the manufacturing facility closer to our customers, we are able to drastically reduce lead time and provide our customers faster turnaround time, thus increasing their success," says Timothy Madden, business director of Lubrizol's Estane Engineered Polymers business - Asia Pacific.
Lubrizol is committed to the global TPU market by supplying the best product technology, global availability and application support to develop new TPU solutions for customers.
Estane Engineered Polymers offers one of the largest portfolios of TPU products in the world, with a broad product platform that includes TPU resins for a wide variety of industrial, automotive, textile and medical applications.
About The Lubrizol Corporation
The Lubrizol Corporation is an innovative specialty chemical company that produces and supplies technologies that improve the quality and performance of our customers' products in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Lubrizol's industry-leading technologies in additives, ingredients and compounds enhance the quality, performance and value of customers' products, while reducing their environmental impact.
With headquarters in Wickliffe, Ohio, The Lubrizol Corporation owns and operates manufacturing facilities in 19 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 6,900 employees worldwide. Revenues for 2007 were $4.5 billion.