FOR IMMEDIATE RELEASE

July 30, 2007


Contact:
Dawn Duncan
216-447-6488
dawn.duncan@lubrizol.com

 

LUBRIZOL PROVES COMMITMENT TO INNOVATION WITH NEW MALAYSIA FACILITY
 

CLEVELAND, OH, July 30, 2007 – The Lubrizol Corporation (NYSE:LZ) is opening a new manufacturing facility in Senawang, Malaysia that will produce products for its Estane® Engineered Polymers product line. The new facility is just one more step in Lubrizol’s commitment to market innovation and global expansion.

The new plant will serve the electronics industry by manufacturing injection molding resins to support Lubrizol’s market-leading Electro Static Discharge (ESD) solutions and services. “The investment in this facility represents our commitment to continuous product innovations,” says Mike Vaughn, vice president and general manager of Lubrizol’s Estane® Engineered Polymers business. In addition, the new facility will support the Asia-Pacific region’s sales for these product lines:


  • Estane ® thermoplastic urethanes,
  • TempRite® resin compounds for high performance piping systems; and
  • chemicals for the personal care industry.
Asia-Pacific is one of Lubrizol’s key growth areas, and this new facility will play a significant role in positioning the company in that region. “Speed to market is critical to our success in the marketplace. Business growth and customer demand will drive future investments in this region,” says Don Bogus, Lubrizol vice president and advanced materials president. “The investment in this plant is our response to the market needs for innovations in injection molding, which complements our sheet business in the hard disk drive, liquid crystal display, medical and aerospace markets. All these offer exciting technology breakthroughs in the semiconductor market,” says Bogus.

Senawang’s excellent local infrastructure, including transportation and utilities, the availability of a qualified workforce, and the friendly and efficient Malaysian government, particularly Negeri Sembilan local authorities, were important factors in the company’s decision for locating the plant in that region.

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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 20 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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