Mumbai, India – The Lubrizol Corporation, a global leader in specialty chemicals, announced today it signed a Memorandum of Understanding to purchase a 120-acre plot in Aurangabad, India, where it plans to construct a new manufacturing facility to initially support the region’s growing transportation and industrial fluid markets. The initial phase of the project represents a projected investment of approximately $200 million, the company’s largest ever in India, and builds on previously committed investment in the region. The plant will become the company’s second-largest manufacturing… Read more »
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