MOSCOW (MRC) -- The Lubrizol Corporation has announced the launch of a new hyperdispersant reactor at its Avon Lake, Ohio facility, as per the company's press release.
The unit will be used for the manufacture of Solsperse(TM) hyperdispersants. Through excellent dispersion stability, Solsperse hyperdispersants enable premium levels of appearance and performance while driving improvements to manufacturing efficiency and quality in the production of a wide ranges of paints, coatings, colorants and inks. The launch follows recent expansion of hyperdispersant capacity in Europe. Taken together, the recent actions in the U.S. and Europe will significantly increase Lubrizol's ability to produce Solsperse hyperdispersants to meet growing demand worldwide.
Commenting on the new US-based capacity, Tom Keir, director of product management, states, "Our investment in this new manufacturing unit underlines our commitment to bringing high-value dispersant chemistry to the global market. The improved efficiency and operational flexibility offered by this added capacity, coupled with our recent expansion in Europe, will enable us to provide our customers with a diversity of options to meet their needs."
The addition of the new reactor required additional operator resources as well, growing the number of employees at the Avon Lake facility by 5%.
As MRC informed before, in early 2015, Lubrizol Corporation completed the acquisition in the United States and Canada of Weatherford International’s global oilfield chemicals business, known as Engineered Chemistry and its United States drilling fluids business, known as Integrity Industries. EcoQuimica is now part of Lubrizol Advanced Materials, reporting into Lubrizol's Performance Coatings business. This transaction includes all intellectual property, trademarks and customer lists of EcoQuimica.
The Lubrizol Corporation, a Berkshire Hathaway company, is an innovative specialty chemical company that apart from its production develops and supplies technologies to customers in the global transportation, industrial and consumer markets. Lubrizol is providing innovative solutions for its customers high-performance application needs and remains committed to ongoing investment in its CPVC capabilities that support future growth. With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,000 employees worldwide. Revenues for 2014 were USD7 billion.
MRC