USA: Speciality Polymers Lubrizol Expands TPU Capacity in Ohio
The company has invested around 30 million dollars for the project as it expects the specialty polymers and compounds business to pick up in the near future.
Ohio/USA – The Lubrizol Corporation has recently held a ribbon-cutting ceremony on May 24, 2018, celebrating the successful start-up of its latest TPU capacity expansion in Avon Lake, Ohio. The expansion is part of the firm’s strategic global capacity expansion programme supporting the company's Engineered Polymers business and well-known product lines including Estane thermoplastic polyurethane (TPU) and others.
Lubrizol's expansion efforts are a direct result of the company anticipating demand for specialty polymers and compounds to grow at double digit rates. The project was completed on time, on budget and commissioned safely and successfully - all in about 20 months, states the firm.
The company has enjoyed excellent community relations with the City of Avon Lake, Lorain County, and the State of Ohio for many years. The ceremony was attended by local community dignitaries and state officials. In attendance were Avon Lake Mayor, Greg Zilka; Avon Lake Economic Development Director, Ted Esborn; Lorain County Commissioner (president), Ted Kalo; Lorain County Commissioner (vice president), Matt Lundy; Ohio State Senator, Gayle Manning; representatives from Jobs Ohio; and others, including employees, key contractors and the media.
The new branding for the Engineered Polymers business, ‘Advancing Materials, Elevating Performance’ speaks directly to the intentions of the investment and start-up, which is delivering customer success in high value applications through the firm’s Estane TPU and other portfolio products.