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

Celanese buys conductive polymer supplier

October 21, 2014 4:31 pm ET

Materials firm Celanese Corp. has acquired most of the assets of conductive polymers maker Cool Polymers Inc. for an undisclosed price.    More

Image

BASF targets coffee and automotive connoisseurs with new resin grades

October 21, 2014 2:07 pm ET

BASF SE is using polybutylene terephthalate (PBT), which is normally used to manufacture high-end electronics, in a food consumer packaging product.    More

Materials firm realigns business divisions

October 20, 2014 1:23 pm ET

Trinseo S.A., formerly known as Styron L.L.C., is realigning its business divisions, creating two new business groups — Performance Materials...    More

Image

Corbion Purac collaboration taking bioplastics into even more uses

October 17, 2014 6:00 am ET

Corbion Purac NV's collaboration with Taiwan-headquartered compounder Supla Co. Ltd. and Taiwan electronics producer Kuender & Co. is paying...    More

Image

Momentive gearing up for some timely LSR sales

October 17, 2014 10:58 am ET

Momentive Performance Materials Inc. has plenty of time for customers at Fakuma — thanks to colorful new watchbands made with the firm's fiber-r...    More

Market Reports

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 million dollar 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

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

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