Lubrizol to set up $50-mn CPVC compounding plant in Dahej
The plant is expected to be operational during 1Q 2015
BS B2B Bureau B2B Connect | Dahej, Gujarat
Eric Schnur, President of Lubrizol Advanced Materials, unveiling the foundation stone of the new plant
The plant will be strategically located in the Gujarat Industrial Development Corporation (GIDC), which is one of the largest chemical parks in the country. Many of the raw materials required for Lubrizol’s specialty chemical product portfolio are produced in GIDC. The plant is located near excellent infrastructure and is well-positioned geographically to serve the growing Indian market as well as support the emerging growth of the TempRite CPVC business in South Asia, the Middle East and East Africa.
"Our investment in India is a major step forward for our customers based in the region. With the projected growth of our FlowGuard® hot and cold plumbing system products, this plant will be instrumental in enabling us to better meet the growing demands in the market,” explained Manoj Dhar, Head - TempRite Engineered Polymers in South Asia.
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Lubrizol is recognised as a global leader in reliability, quality and providing innovative solutions for its customers’ high-performance application needs and remains committed to ongoing investment in its CPVC capabilities that support future growth. The company is dedicated to providing its customers with the highest quality piping product through its insistence on using only the best raw materials and strictly managing the resin and compound manufacturing processes.
Lubrizol's advanced polymer technology delivers exceptional performance for the plumbing, fire sprinkler, industrial and other building and construction related applications. The combination of Lubrizol's industry leading position in key global markets and its planned capacity expansion allows the company to better support its customers' growth with its FlowGuard, BlazeMaster, Corzan and TempRite brands.
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First Published: Apr 05 2014 | 6:22 PM IST