23 March 2017
DETAILS
From left to right:
R.B. Herrscher, senior vice president of petrochemicals for Enterprise
Products Partners;
Mike Vaughn, Lubrizol corporate vice president, operations;
Jaeyul Kim, president and chief executive officer of Daelim Industrial Petrochemical division;
Eric Schnur, Lubrizol chairman, president and chief executive officer;
Steven Demetriou, chief executive officer of Jacobs Engineering Group;
Jerry Mouton, Mayor of Deer Park;
Dan Sheets, senior vice president and president of Lubrizol Additives;
Victor White, Superintendent of Deer Park Independent School District; and
Tanya Travis, general manager of Lubrizol Texas plants
The Lubrizol Corporation announces that
in conjunction with its previously announced
technology license agreement with
Daelim Industrial,
it has begun construction of
a new polyisobutylene (PIB) unit
at its Deer Park, Texas facility.
Construction of this unit is consistent with Lubrizol
continuing to renew its additive infrastructure
as part of the company's previously
announced 10-year phased investment plan.
The plan is designed to upgrade
and enhance Lubrizol's global capabilities.
The new unit is expected to be fully operational
in the first half of 2019.
It will provide Lubrizol with capacity
for highly reactive polyisobutylene (HR PIB),
a key raw material
for next-generation dispersants and lubricants.
Dan Sheets,
President of Lubrizol Additives
"With this significant investment, Lubrizol intends
to meet future customer demands, as well as
be fully prepared for anticipated performance upgrades
in lubricants and fuels."
Media Contact
Maureen Morreale
440-347-1356
Website: www.lubrizol.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
