China: Compounding Lubrizol Starts-Up New Lines for TPU and Specialty Compounds
Lubrizol announced the inauguration of its new compounding line in Songjiang, China. The expansion in China is part of the manufacturer's strategic investment in Engineered Polymers, totaling nearly $ 80 million across the globe.
Cleveland/USA — According to the company, the expansion efforts are a direct result of the company estimating demand for specialty elastomers and compounds to grow at double digit rates. The new compounding line adds capability to produce customized, functional TPU and elastomer compounds, with sufficient capacity to enable near term growth. In support of regional business growth, the new reactive extrusion lines are expected to increase TPU production capacity in Songjiang by nearly 40 %.
Lubrizol was the first foreign company to invest in local TPU production in China. The 2018 expansion marks the fourth major expansion in Songjiang since the plant first began producing TPU in the early 2000s. The Songjiang site has operated for more than three years without a recordable incident and with excellent reliability.
The manufacturer is adding capacity to its global TPU manufacturing footprint in every major region of the world, and adding compounding capabilities. Multiple staged investments and expansions are underway at facilities in Oevel, Belgium; Montmelo, Spain, and Avon Lake, Ohio. Further investment is planned in Asia in 2019.