China: Plant Expansion Lubrizol Adds Another TPU Line in Shanghai Facility
With an intention to grow strongly in the Asian market, Lubrizol Corporation has installed a new TPU line in its China plant. This is the company’s second such expansion in a single year which aims to support Lubrizol’s Engineered Polymers business.
Cleveland/USA – The Lubrizol Corporation has recently announced that another new TPU line in its Songjiang (Shanghai) China plant is going into production this month, the second expansion in a year aimed at continuous growth in Asia. A ribbon-cutting ceremony was held in February as part of the Lantern Festival which symbolises unity and perfection in China. This momentous expansion of the Songjiang plant follows the launch last year of a new compounding line. Both expansions are aimed at supporting the company's Engineered Polymers business.
The company has been adding capacity to its global TPU manufacturing footprint in every major region of the world to support the fast-growing demand for specialty elastomers. The new line in China will increase capacity for specialty applications by nearly a third.
Multiple staged investments and expansions are underway at Lubrizol's facilities around the world, in alignment with Lubrizol's ambitious growth strategy.