Lubrizol Acquires Diamond Dispersions Ltd.
(Thomson Reuters ONE) -
Lubrizol Acquires Diamond Dispersions Ltd.
CLEVELAND, July 5, 2016 - The Lubrizol Corporation announces that it has
acquired Diamond Dispersions Ltd., a company exclusively focused on the
production of water-based dye and pigment dispersions for inks used in digital
printing. Headquartered in Sheffield, UK, Diamond Dispersions has established
itself as a high quality, responsive and innovative producer of dispersions,
gaining a significant share in this growing niche market.
Diamond Dispersions will advance Lubrizol Performance Coatings' goal to grow its
portfolio of products that enable digital printing. According to Sanjay Kalhan,
general manager of Lubrizol Performance Coatings, "The combined technologies,
knowledge and expertise of both companies will drive further innovation across
product lines and position Lubrizol as the preferred partner for ink makers
seeking to develop new digital print systems for this growing market. In
addition to our dispersant, specialty additive and resin product lines, ink
manufacturers will now have the opportunity to source fully formulated
dispersions through Lubrizol."
Diamond Dispersions is now part of Lubrizol Advanced Materials, reporting into
Lubrizol's Performance Coatings business. This transaction includes all
intellectual property, trademarks and customer lists of Diamond Dispersions.
Financial terms of the agreement were not disclosed.
About Lubrizol Performance Coatings
At Lubrizol, we innovate coatings solutions that help our customers balance the
aesthetics, durability, and functionality needs of their products for a wide
array of surfaces and substrates. Our strength is in collaborating with
customers to solve their toughest challenges - such as making coatings safer,
enhancing production efficiency and reducing environmental impact-without
compromising performance. To learn more, contact your Lubrizol representative or
visit www.lubrizol.com/coatings.
About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven
global company that combines complex, specialty chemicals to optimize the
quality, performance and value of customers' products while reducing their
environmental impact. It produces and supplies technologies to customers in the
global transportation, industrial and consumer markets. These technologies
include lubricant additives for engine oils, driveline and other transportation-
related fluids, industrial lubricants, as well as additives for gasoline and
diesel fuel. In addition, Lubrizol makes ingredients and additives for home care
and personal care products and specialty materials encompassing polymer and
coatings technologies, along with polymer-based pharmaceutical and medical
device solutions. Our products for the oilfield market include technologies for
exploration, production and transportation.
With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing
facilities in 17 countries, as well as sales and technical offices around the
world. Founded in 1928, Lubrizol has approximately 9,000 employees
worldwide. Revenues for 2015 were $7 billion. For more information, visit
Lubrizol.com.
Media Contact
Mike Heil
216/447-5176
Website: www.lubrizol.com
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Source: Lubrizol via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 05.07.2016 - 14:30 Uhr
Sprache: Deutsch
News-ID 481580
Anzahl Zeichen: 4230
contact information:
Town:
Wickliffe, Ohio
Kategorie:
Business News
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