The Lubrizol Corporation announced it has signed a Memorandum of Understanding with the government of Maharashtra 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.
The plant will become the company’s second-largest manufacturing facility globally and its largest manufacturing facility in India when completed. Construction will progress in phases over the next several years with room for future expansion.
“This announcement underscores our continued commitment to our employees, our partners and our customers in the region,” said Nitin Mengi, Vice President Lubrizol Additives IMEA and Chairman & Managing Director, Lubrizol India Private Limited. “The growing transportation and industrial markets in India represent a tremendous opportunity, and Lubrizol is thrilled to be a part of the bright future of these industries.”
Commencement of manufacturing at the site is expected to coincide with Lubrizol’s 100th anniversary in 2028.