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Specialty Chemicals

Lubrizol plans big Indian investment

by Alexander H. Tullo
August 5, 2024 | A version of this story appeared in Volume 102, Issue 24
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Lubrizol has agreed to purchase about 5,000 m2 of land in Aurangabad, India, to build a new plant for transportation and industrial fluid ingredients. The firm plans to invest $200 million in the project, which will be its largest ever in India and will establish Lubrizol’s second-largest facility globally. The US specialty chemical maker has been investing heavily in India. In 2023, it unveiled $150 million in investments, including a new chlorinated polyvinyl chloride plant in Vilayat, and an expansion in Dahej.

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