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May 24, 2015 2:06 PM ET

Chemicals

Company Overview of The Lubrizol Corporation

Company Overview

The Lubrizol Corporation a specialty chemical company, produces and supplies technologies that improve the performance of its customer’s products in the transportation, industrial, and consumer markets worldwide.This segment also offers additives for driveline oils, including automatic transmission fluids, gear oils, and tractor lubricants; and industrial additives, such as additives for hydraulic, grease, and metalworking fluids, as well as compressor lubricants. In addition, it provides additive components and viscosity modifiers; and outsourcing services for supply chain and knowledge center management. This segment primarily serves global and regional oil companies, refineries, and lubri...

29400 Lakeland Boulevard

Wickliffe, OH 44092-2298

United States

Founded in 1928

7,000 Employees

Phone:

440-943-4200

Fax:

440-943-5337

Key Executives for The Lubrizol Corporation

Executive Chairman, Chief Executive Officer, President and Chairman of Executive Committee
Age: 59
Co-Founder
Co-Founder
Co-Founder
Co-Founder
Compensation as of Fiscal Year 2014.

The Lubrizol Corporation Key Developments

The Lubrizol Corporation Releases New Wood Coatings Mobile App

The Lubrizol Corporation has released the Wood Coatings Product Guide, a new mobile application designed to help formulators of wood coatings identify Lubrizol chemistries. The Wood Coatings Product Guide app allows formulators to search for the better chemistries for their coating products based on their application, the type of coating and their most important performance attributes. The Wood Coatings Product Guide mobile app is now available on both the Apple App Store and on Google Play Store for Android devices.

The Lubrizol Corporation, Cleveland Clinic Form Joint Collaboration

The Lubrizol Corporation and Cleveland Clinic announce that as part of a new joint collaboration, Lubrizol LifeSciences and Cleveland Clinic Innovations are aiming to identify - and ultimately speed the development of - new, groundbreaking products for the medical device and pharmaceutical industries. The combination of Lubrizol's manufacturing capabilities and Cleveland Clinic's clinical expertise sets the groundwork to discover and develop new, meaningful medical innovations that meet the needs of patients and providers. The joint collaboration will connect the chemists and engineers who create the materials with the clinicians who identify unmet clinical needs and seek solutions. This collaboration will speed up product development and provide both parties with the opportunity to connect complementary perspectives. In addition, Lubrizol will have more opportunities to interact with medical professionals to understand how their products impact the lives of patients, ultimately creating better overall outcomes. Cleveland Clinic will have increased access to polymer scientists, material testing and new component designs. Lubrizol LifeSciences will provide Cleveland Clinic an in-depth understanding of functional polymer solutions, including components, novel device systems and drug-delivery combination products for the healthcare industry. Lubrizol's recent acquisition of Vesta, a leading contract manufacturer for the global medical device industry, enhances the collaboration with expertise in precision thermoplastic extrusion and comprehensive capabilities in silicone fabrication. This combination of material chemists, manufacturing engineers and clinical professionals provides an opportunity that can foster rapid new product development. Cleveland Clinic Innovations - in addition to providing access to world class physicians and researchers at Cleveland Clinic and the partners in The Global Healthcare Innovations Alliance - will provide its expertise in evaluating, validating and commercializing medical technologies. Inventors fuel Cleveland Clinic Innovations intellectual pipeline with ideas in the areas of medical devices, therapeutics/diagnostics, healthcare information technology and business delivery solutions. Through an established process, Cleveland Clinic Innovations rapidly evaluates technologies with a focus on ensuring clinical validity and market potential.

The Lubrizol Corporation Introduces New SAE 0W-16 Additives for ULV Lubricants

The Lubrizol Corporation has introduced its series of additives for SAE 0W-16 ultra-low viscosity, or ULV, lubricants. ULV oils require the right additives. Lubrizol announces the introduction of a new additive to better enable SAE 0W-16 lubricants: Lubrizol PV1016. The first product in Lubrizol's SAE 0W-16 series, Lubrizol PV1016 supports API SN licensable lubricants and offers ultra-low viscosity efficiency with superior durability. The demands of delivering efficiency have changed attitudes toward product development. Simply reducing the viscosity of lubricants to achieve improved fuel economy is insufficient to protect more powerful engines.

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