Page 146 - CW E-Magazine (8-4-2025)

Top Stories

EXPANDING FOOTPRINT

Lubrizol announces new technology & innovation

centre in Maharashtra

US-based chemicals fi rm, Lubrizol, of Technology, India, Middle East
has announced that it will open a ‘Tech- and Africa. Lubrizol’s commitment to
nology and Innovation Centre’ in Ma- local R&D and innovation has been an
harashtra. active part of Lubrizol’s decades-long
legacy in India. As one example, Lubri-
The company said the facility, zol introduced CPVC piping to the
which will be one of its kind for the India market 25 years ago, enabling clean
company globally, is designed to “prog- drinking water for thousands across
ress breakthrough innovations, expand the region. Lubrizol’s ‘India Bar Soap
collaboration, and enhance speed to COE’ has helped improve the structural
market” for customers in the region and next-generation solutions. “Lubrizol integrity and sustainability of bar soap,
globally”. has been synonymous with innova- ensuring soaps last longer and create
tion for nearly 100 years, and this new less waste, earning recognition from
“The centre will serve as a model centre represents a signifi cant com- leading global brands.
for future global centres, aligning with mitment to our innovation locally,”
our strategy of establishing intercon- said Ms. Bhavana Bindra, Lubrizol’s The latest announcement follows
nected innovation centres worldwide,” Managing Director India, Middle multiple Lubrizol investment announce-
informed Ms. Rebecca Liebert, Lubri- East and Africa. “The Technology and ments, with a more than $350-mn
zol’s President and Chief Executive Innovation Centre represents a signifi - commitment into India over the last
Offi cer. The centre will enable collabo- cant commitment to our journey in the 18 months. This includes bolstering
ration across Lubrizol, co-locating lab region. By bringing together expertise Lubrizol’s manufacturing strength in the
capabilities and expanding on the suc- across multiple Lubrizol businesses, region with plans to construct the com-
cess of existing in-region technology this facility will be a cornerstone of pany’s second largest manufacturing
Centres of Excellence (COE). The site collaboration, automation and techno- facility globally to support the region’s
will also include a Customer Expe- logical advancement for our teams and growing transportation and industrial
rience Centre, allowing Lubrizol to co- all those we serve.” markets, as well as a collaboration to
develop solutions with customers and build the world’s largest CPVC resin
partners. The facility will feature ad- “An innovation centre in Maharashtra plant. The company also opened a
vanced analytical capabilities to sup- provides proximity to key stakeholders, Global Capability Centre in Pune last
port research needs, including automa- fostering seamless collaboration year, doubled its capacity at its Dahej
tion and digital tools, allowing teams and operational effi ciencies,” added manufacturing site and announced
to apply decision science to accelerate Dr. Rahul Misra, Lubrizol’s Sr. Director several other projects.

‘Saudi Aramco mulling investments in Indian

refi neries’

Saudi Aramco is in talks to invest talks to invest in Bharat Petroleum aimed to invest $11-bn in its Andhra
in two planned refi neries in India as Corp Ltd.’s (BPCL) planned refi nery in Pradesh refi nery and petrochemical
the world’s top oil exporter looks for a Andhra Pradesh and a proposed Oil and project.
stable outlet for its crude in the world’s Natural Gas Corp (ONGC) refi nery in
fastest-growing emerging market, a Gujarat. The report quoted the sources as say-
Reuters report said quoting unnamed ing that Aramco proposes to supply oil
Indian sources. While ONGC’s Gujarat refi nery equivalent to three times its stake in each
plans are at a nascent stage, BPCL’s project, and wants to sell its share of
Aramco is said to be in separate chairman said in December that it production either in India or by export.

146 Chemical Weekly April 8, 2025

Contents Index to Advertisers Index to Products Advertised