Lubrizol Completes Acquisition of Merquinsa
(Thomson Reuters ONE) -
CLEVELAND, December 19, 2011 - The Lubrizol Corporation announces that the
purchase of Merquinsa is now complete. The addition of Merquinsa, a leader in
specialty thermoplastic polyurethanes (TPUs), will expand Lubrizol's Engineered
Polymers business and strengthen its ability to meet the needs of its global
customers. The transaction was announced on November 3, 2011.
With the close of the transaction, all of the Merquinsa products are being
integrated into the Lubrizol Engineered Polymers business. Key Merquinsa global
commercial brands include PEARLSTICK(®), PEARLTHANE(®), PEARLBOND(®) ,
PEARLCOAT(®), as well as the full ECO line of renewable-sourced TPU products( ).
Commenting on the completed acquisition, Rocco Mango, Lubrizol vice president
and general manager, Estane(®) Engineered Polymers, said "The addition of
Merquinsa to our product portfolio is another example of how we continue to
expand Lubrizol's Engineered Polymers business, providing enhanced product
offerings and applications to meet the needs of our customers worldwide."
About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is an innovative
specialty chemical company that produces and supplies technologies to customers
in the global transportation, industrial and consumer markets. These
technologies include lubricant additives for engine oils, other transportation-
related fluids and industrial lubricants, as well as fuel additives for gasoline
and diesel fuel. In addition, Lubrizol makes ingredients and additives for
personal care products and pharmaceuticals; specialty materials, including
plastics technology; and performance coatings in the form of specialty resins
and additives. Lubrizol's industry-leading technologies in additives,
ingredients and compounds enhance the quality, performance and value of
customers' products, while reducing their environmental impact.
With headquarters in Wickliffe, Ohio, The Lubrizol Corporation owns and operates
manufacturing facilities in 17 countries, as well as sales and technical offices
around the world. Founded in 1928, Lubrizol has approximately 7,000 employees
worldwide. Revenues for 2010 were $5.4 billion. For more information, visit
www.lubrizol.com.
Media Contact
Julie Young
440/347-4432
Website: www.lubrizol.com
###
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Source: Lubrizol via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 19.12.2011 - 20:02 Uhr
Sprache: Deutsch
News-ID 98545
Anzahl Zeichen: 3166
contact information:
Town:
Wickliffe, Ohio
Kategorie:
Business News
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