The Lubrizol Corp. is investing approximately $40 million to build a facility in Songjiang, just outside of Shanghai. The new facility will include manufacturing, commercial and technical capabilities. It will be built on approximately 31,000 square meters of land adjacent to the company’s existing Eastane TPU (thermoplastic polyurethane) plant. The company expects to begin construction in the third quarter 2007, and to complete it in the fourth quarter 2008.
Products initially slated for production at the site include resins, polymers and specialty additives used in coatings for wood, plastic, metal and textiles.