Lubrizol Chief Executive Officer James Hambrick, who sold the chemical-additives maker to Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) last year, told Fox Business News that business is pressured by declines in Europe.
“Europe is down a bit, America is kind of going sideways and Asia is down,” Hambrick told the station in an interview. “We’re going sideways. I think we’ll continue to go sideways through the remainder of this year and on into next year.”
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