Lubrizol announces plans to construct anew manufacturing plant in India

T he Lubrizol Corporation announced it signed a Memorandum of Understanding to purchase a 120-acre plot of land in Aurangabad, India, where it plans to construct a new manufacturing facility to initially support the region’s growing transportation and industrial fluid markets. The project’s initial phase represents a projected investment of approximately $200 million.

When completed, the plant will become the company’s second-largest manufacturing facility globally and its largest manufacturing facility in India. Construction will progress in phases over the next several years, with room for expansion. This site will support demand for India and enable export opportunities to surrounding countries and to other Lubrizol sites.

“Lubrizol has made meaningful investments in India for more than five decades,” said Flavio Kliger, President of Lubrizol Additives. “This new state-ofthe-art manufacturing facility will allow us to enhance the local capacity and capabilities of our Additives business with the potential to support other Lubrizol businesses and regions in the future.”

In 2023, Lubrizol announced its USD 150 million investment in India. That investment supports the construction of a CPVC resin plant in Vilayat, Gujarat, the doubling of capacity at Lubrizol’s site in Dahej, Gujarat, the opening of a grease lab in Navi Mumbai, and additional in-country job growth and innovation.

“Lubrizol understands the importance of a local-for-local approach, from India-based manufacturing operations to fostering in-region innovation and to sustained investment in nurturing local talent,” said Bhavana Bindra, Managing Director, Lubrizol IMEA (India, Middle East, and Africa). “We look forward to continuing to be a partner to our customers and serve as a catalyst for growth and inspired breakthroughs.”

Officials from Lubrizol during the signing ceremony.

SOURCE | LUBRIZOL

“This announcement underscores our continued commitment to our employees, partners, and customers in the region,” said Nitin Mengi, Vice President of Lubrizol Additives IMEA and Chairman & Managing Director of Lubrizol India Private Limited. “The growing transportation and industrial markets in India represent a tremendous opportunity, and Lubrizol is thrilled to be a part of the bright future of these industries.”

The commencement of manufacturing at the site is expected to coincide with Lubrizol’s 100th anniversary in 2028.