The Lubrizol Corporation announced it is advancing its commitment to continued growth in India with several significant projects across its portfolio. The company says it is pledging more than 150 million USD of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat, opening a grease lab in Navi Mumbai, and enabling significant in-country job growth and innovation.
“India is among the fastest-growing global economies with a favorable climate for business investment, including regional growth in many of the industries we support,” said Lubrizol President and CEO Rebecca Liebert. “We are building on 50 years of success in India by adding new manufacturing, lab and R&D sites, supporting in-country innovation and adding jobs that capitalize on the great expanding workforce and business conditions in India, allowing us to serve needs not only in India but in surrounding countries.”
Lubrizol’s work in India dates back to 1966 when the company initiated in-region manufacturing for chemical additives supporting transportation and industrial markets. The company’s work in India has expanded significantly since that time, supporting a wide variety of industries through products and solutions purpose built for the region.
The company says it has steadily grown its employee base in India with roles supporting both regional and global needs. It expects to enable 4,000 direct and indirect jobs through several new investment projects.
