The Lubrizol Corporation opened its new regional Applications and Business Center in Mumbai to support its Advanced Materials business segment. Â Eric Schnur, president, Lubrizol Advanced Materials, presided over the opening ceremony. The office is located in Jaswanti Landmark office complex and boasts of a world class development and applications laboratory and also includes office space for commercial, technical and administrative talent.
The laboratory includes development, formulation and applications testing capabilities in multiple personal care and coatings applications as well as a world-class 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.
Schnur said, Â "Lubrizol has a long history of investing in the South Asian market, particularly in India. 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."
The launch of the Application and Business Center is the next logical step in the introduction of these products in South Asia. By providing applications research capability regionally, the company is better able to offer solutions to fit local customer needs. 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 for the production of additives vital to the formulation of engine and transmission lubricants.