Lubrizol Corporation announced its plans to expand its global CPVC manufacturing facilities by setting up a resin and compounding manufacturing facility in Deer Park, Texas, USA. The additional capacity will serve Lubrizol building and construction customers on a global basis. The new plant will require a total investment of approximately $125 million over a three-year period. Lubrizol evaluated several options for the plan?s first phase and determined that the most efficient and effective next step is to build a new plant located adjacent to Lubrizol?s existing Deer Park additives facility, leveraging current Lubrizol infrastructure and expertise.

Eric Schnur, President of Lubrizol Advanced Materials, said, ?By expanding our manufacturing footprint, we are ensuring future technology requirements are met and our responses to changes in demand are well managed. With this additional capacity, we will be in a much stronger position to better serve the needs of our existing and future customers globally.?