CLEVELAND, Ohio –January 4, 2008 – Lubrizol Advanced Materials, Inc., a subsidiary of The Lubrizol Corporation (NYSE: LZ), announces completion of a new production line at its Avon Lake, Ohio, manufacturing facility. The addition has increased capacity for Estane thermoplastic polyurethane (TPU) products and will support growth of the business in the Americas region.
“A key part of the global growth strategy for Estane TPU is to ensure that our manufacturing facility at Avon Lake, as well as our global facilities in Oevel, Belgium and Songjiang, Shanghai, have the capacity to supply our customer base well into the future,” says Mike Vaughn, vice president and general manager, Estane Engineered Polymers. The new line will expand the Avon Lake Estane TPU capacity by approximately 30%, to meet customer needs today and in the future.
“Business throughout the Americas is growing. We have already sold material produced on the new line, and we expect that the added capacity will complement all of the product development efforts underway,” says Dale Willis, Estane Engineered Polymers business director – Americas.
For more information about Estane TPUs or to review a complete array of Lubrizol’s innovative TPU technologies, contact us at 888-234-2436. Or visit us on the Web at www.estane.com.
Estane® is a registered trademark of The Lubrizol Corporation.
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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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