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
Companies & Associations

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

EuMBC joins those questioning recent force majeure declarations

April 21, 2015 10:55 am ET

The European Compounders and Masterbatchers Association (EuMBC) has joined the growing clamor over the number of force majeure cases in Europe since...    More

Image

Kazakhstan's Neftekhim invests nearly $15 million in PP production

April 21, 2015 10:46 am ET

Kazakh petrochemicals group Neftekhim Ltd. has invested around 14 million euros ($14.9 million) to upgrade the polypropylene production operation at...    More

Image

US engineering plastics demand

April 20, 2015 2:29 pm ET

   More

Image

Ford moving forward in carbon fiber for 'high volume' use

April 17, 2015 10:21 am ET

Ford Motor Co. has signed a deal with a carbon-fiber manufacturer to jointly explore “high-volume” automotive uses for the lightweight...    More

Image

Force majeure declared at six European sites since mid-March

April 17, 2015 1:10 pm ET

At least six European resin makers have declared force majeure on polyethylene, polypropylene and related products since mid-March, leading to higher ...    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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events