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, Materials Suppliers, Joint Venture

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

Experts explain why resin sales are down in a healthy US economy

February 27, 2015 1:58 pm ET

The economies of the U.S. and Canada posted solid growth in 2014 — even though resin demand in those countries lagged behind.    More

Image

Industry vet Dwight Morgan joins M. Holland

February 27, 2015 1:55 pm ET

Resin distribution leader M. Holland Co. has hired industry veteran Dwight Morgan as its vice president of corporate development.    More

Image

Indian masterbatch makers growing locally and thinking globally

February 27, 2015 1:30 pm ET

GANDHINAGAR, INDIA — India’s masterbatch makers are expanding their domestic capacity to meet growing demand, as some are also moving...    More

Image

Polypropylene prices rise, while PE and PS fall

February 26, 2015 4:01 pm ET

North American prices for polyethylene and polystyrene resins continued to fall in February, while regional prices for polypropylene showed a...    More

Image

Price and sustainability both key to success for carpet recycler

February 26, 2015 1:28 pm ET

DALLAS — A green message will get you in the door, but ultimately that sustainability message has to be backed up with quality at the right pric...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

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

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events