Lubrizol and Sekisui building CPVC plant in Thailand

By Frank Esposito
Senior Staff Reporter

Published: February 21, 2013 3:51 pm ET
Updated: February 21, 2013 3:52 pm ET

Related to this story

Topics Materials, Joint Venture, Materials Suppliers

WICKLIFFE, OHIO -- Chlorinated PVC continues to be a strong market for Lubrizol Corp., as the firm has announced plans to build a new CPVC plant in Thailand through a joint venture with Sekisui Chemical Co.

The plant would have annual capacity of almost 70 million pounds and would represent an investment of about $50 million for Wickliffe, Ohio-based Lubrizol and Sekisui of Tokyo. The plant is expected to be in full operation by the end of 2014, Lubrizol officials said in a Feb. 20 news release.

A second phase of the project — which would double capacity and represent a similar investment — is expected to be on line by the end of 2016. Both companies will continue to independently market and sell CPVC resins made at the plant and will make their own CPVC-based compounds for their respective customers, officials said.

The new plant "is a significant step in expanding our CPVC business," Lubrizol Advanced Materials President Eric Schnur said in the release. "We are committed to providing our customers with high-quality CPVC products to support the global building and construction market."

The site will be Lubrizol's fourth global CPVC plant, joining plants in Louisville, Ky.; Oevel, Belgium; and a $125 million plant that's under construction in Deer Park, Texas.

Lubrizol employs about 7,000 worldwide and has annual sales of around $6 billion. In addition to CPVC, Lubrizol is a leading producer of thermoplastic polyurethane (TPU).


Comments

Lubrizol and Sekisui building CPVC plant in Thailand

By Frank Esposito
Senior Staff Reporter

Published: February 21, 2013 3:51 pm ET
Updated: February 21, 2013 3:52 pm ET

Post Your Comments


Back to story


More stories

Image

Asahi Kasei breaks ground on Alabama compounding plant

September 29, 2014 5:39 pm ET

Asahi Kasei Plastics North America will be able to solve two problems at once with a new compounding plant in Athens, Ala.    More

Image

DuPont shifting Teflon production in China

September 29, 2014 2:35 pm ET

DuPont Co. will spend more than $15 million to improve its fluoropolymer product offerings in China.    More

Image

Sale of PVC maker Oltchim still in limbo

September 29, 2014 10:25 am ET

Fresh attempts to privatize insolvent Romanian PVC producer Oltchim SA have met with new obstacles as the European Union questioned the Romanian...    More

Image

LyondellBasell considering another ethylene expansion

September 25, 2014 1:30 pm ET

Materials giant LyondellBasell Industries — with three ethylene expansions already on the board — is contemplating a fourth.    More

Image

PE, PVC prices rise, PS on the decline

September 24, 2014 4:16 pm ET

North American commodity resin prices bounced around in September, with regional polyethylene and PVC prices increasing while prices for solid polysty...    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events