Lubrizol forms new energy and water business
Lubrizol is expanding its new global energy and water (E&W) business unit, the US-based specialty chemicals company announced on Wednesday.
The announcement was made by John Uhran, vice president of Lubrizol's industrial specialties business group.
"We've always been active in the energy and water segments, but we were calling on these industries from different business groups within Lubrizol," said Uhran. "We pulled everything together to create the energy and water business unit in early 2013. This allowed us to focus on the oilfield, refinery process and industrial water treatment chemicals markets
"The expansion and growth of this business unit exemplifies Lubrizol's commitment to making our chemical services customers' more competitive in their markets
while creating safer working environments for their employees and the communities where they work," Uhran continued.
"Lubrizol's investment in the energy and water business unit will allow us to continue to provide innovative solutions for our customer's end-users."
Lubrizol says it is adding additional resources to grow the new business unit, with emphasis placed on hiring new scientists, along with additional sales and product management staff.
This will accelerate the delivery of Lubrizol innovations to the market
to help make Lubrizol's specialty chemical-services customers more successful in their businesses.
The company noted that it has also added capital
resources for the expansion o flaboratory facilities in Houston. The lab features testing equipment that enables a higher level
of technical support to our customers. The new lab also increases R&D capability that will help Lubrizol develop a broader specialty additives portfolio, according to company officials.
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