CLEVELAND, Ohio – January 31, 2008 – Lubrizol Advanced Materials, Inc. a subsidiary of The Lubrizol Corporation (NYSE: LZ), has announced that it is increasing prices in the NAFTA region of all Estane® Thermoplastic Polyurethanes by sixteen (16) cents per pound. This increase comes as a result of rising raw material prices and will include the following product lines for Estane® Engineered Polymers: Estane®, Estaloc®, and EstaGrip®. All increases will be effective March 1, 2008, or as contracts allow.
The Lubrizol Corporation is one of the world’s leading specialty chemical companies that provides advanced chemical formulations designed to meet the specific needs in the global transportation, industrial and consumer markets.
Estane®, Estaloc® and EstaGrip® are registered trademarks of The Lubrizol Corporation.
The Lubrizol Corporation (NYSE: LZ) 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 6,800 employees worldwide. Revenues for 2006 were $4.0 billion. For more information, visit www.lubrizol.com.
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