USA: Additives Lubrizol Breaks Ground on Polyisobutylene Unit in Deer Park
In conjunction with its previously announced technology license agreement with Daelim Industrial, Lubrizol has begun construction of a new polyisobutylene (PIB) unit at its Deer Park, Texas facility.
Cleveland/USA — Construction of this unit is part of the company's strategy to renew its additive infrastructure within the framework of a 10-year phased investment plan. The new unit is expected to be fully operational in the first half of 2019. It will produce highly reactive polyisobutylene (HR PIB), a key raw material for next-generation dispersants and lubricants. A groundbreaking ceremony was held at the plant on March 22.
Commenting on the new unit, Dan Sheets, president of Lubrizol Additives, states "With this significant investment, Lubrizol intends to meet future customer demands, as well as be fully prepared for anticipated performance upgrades in lubricants and fuels."