Page 138 - CW E-Magazine (13-8-2024)

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LAND ACQUISITION

Lubrizol to construct additives manufacturing facility

in Aurangabad

Lubrizol, the US-based speciality
chemicals major, has signed a Memo-
randum of Understanding (MoU) with
the government of Maharashtra to pur-
chase a 120-acre plot in Aurangabad,
where it plans to construct a new manu-
facturing facility to initially support the
region’s growing transportation and
industrial fl uid markets.
The announcement of the Auranga- tance of a local-for-local approach,
The initial phase of the project bad plant signals the company’s latest from India-based manufacturing to in-
represents a projected investment of efforts to accelerate growth and en- region innovation to continued invest-
approximately $200-million, the com- hance its local-for-local capacity in the ment in a local talent,” says Bhavana
pany’s largest ever in India, and builds region. In 2023, Lubrizol announced its Bindra, Managing Director, Lubrizol
on previously committed investment in most signifi cant investment in its more IMEA (India, Middle East and Africa).
the region. The plant will become the than 50-year history in the region in the
company’s second-largest manufac- form of a $150-mn pledge. That invest- “The growing transportation and
turing facility globally and its largest ment supports the construction of the industrial markets in India represent a
manufacturing facility in India when “world’s largest” CPVC resin plant in tremendous opportunity, and Lubrizol is
completed. Construction will progress Vilayat, Gujarat, the doubling of capa- thrilled to be a part of the bright future
in phases over the next several years city at Lubrizol’s site in Dahej, Gujarat, of these industries,” added Mr. Nitin
with room for future expansion. “Lubri- the opening of a grease lab in Navi Mengi, Vice President Lubrizol Addi-
zol has made meaningful investments Mumbai and additional in-country job tives IMEA and Chairman & Managing
in India for more than fi ve decades,” growth and innovation. Director, Lubrizol India Pvt. Ltd.
said Mr. Flavio Kliger, President of
Lubrizol Additives. “This new state- In addition, this year the company In addition to supporting demand
of-the-art manufacturing facility will opened its fi rst Global Capability Centre for India, this site will enable export
allow us to enhance our local capacity in Pune as a strategic hub to accelerate opportunity to surrounding countries
and capabilities for our Additives busi- its growth in the region and enable closer and to other Lubrizol sites. Commence-
ness with the potential to support other collaboration for customers and employees. ment of manufacturing at the site is
Lubrizol businesses and regions in the expected to coincide with Lubrizol’s
future.” “Lubrizol understands the impor- 100th anniversary in 2028.

SAFETY VALVES
LESER expands manufacturing facility in Aurangabad

LESER, a global leader in safety The expanded facility will fea- Klaus, Chairman & Managing Director
valve manufacturing, has inaugu- ture Segmentation, Automation and of LESER GmbH & Co. KG, alongside
rated its brownfi eld expansion project Advanced manufacturing processes Mr. Neeraj Mangal, CEO of LESER
in Paithan, Aurangabad. The largest designed to enhance transparency and India, and attended by LESER India
safety valve plant in India will further effi ciency in the process. key personnel and local offi cials. “This
increase its capacity with continuous expansion is a testament to our long-term
development of special processes and The ground breaking ceremony for commitment to the Indian market and
dedicated supply chain for regular day the new facility took place on July 17, our ongoing efforts to deliver world-class
by day and Project business customers. 2024. The event was led by Mr. Joachim safety valve solutions,” said Mr. Klaus.

138 Chemical Weekly August 13, 2024

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