06.08.2021 • NewsLubrizol

Lubrizol Advances TPU Investment Program

US specialty chemicals company Lubrizol has embarked on the next phase of its staged, multi-million-dollar investment program in thermoplastic polyurethane (TPU) capacity and capabilities to serve the rapidly growing global paint protection films (PPF) market.

This latest announcement comes on top of investments totaling more than $20 million during the past three years in capacity, application and testing capabilities and market insights.

The Wickliffe, Ohio-headquartered group is planning to undertake a series of progressive capacity increases through both debottlenecking and greenfield investments that will more than triple existing output over the next three years, further optimizing its global manufacturing footprint in order to support anticipated growth and innovation in the PPF market.

"The PPF market shows continued strong growth across the globe, driven by increased consumer awareness and the desire to protect vehicles' surfaces and maintain premium aesthetics," said Viviana Wilson, Lubrizol's global director industrial marketing of Estane engineered polymers.

In August 2020, Lubrizol announced that it had made several investments in its global TPU business. These included raising TPU capacity at its facility in Montmelo, Spain, and adding application resources and testing capabilities at its technical centers in Montmelo as well as Brecksville, Ohio, USA, and Songjiang, China, to develop next-generation innovative products. The company also expanded its consumer and market insights platform to stay ahead of evolving needs in PPF and other surface protection end uses.

In 2018, Lubrizol undertook multiple staged investments and expansions at Montmelo and its plant in Oevel, Belgium, for elastomers, aliphatics and adhesives to support its TPU business and meet growing global demand.

Author: Elaine Burridge, Freelance Journalist

Lubrizol has embarked on the next phase of its multi-million-dollar investment...
Lubrizol has embarked on the next phase of its multi-million-dollar investment program in thermoplastic polyurethane capacity to serve the fast-growing global paint protection films market. The move comes on top of investments of more than $20 million in the past three years. (c) Lubrizol

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.

Virtual Event

Digitalization in the Chemical Industry
CHEManager Spotlight

Digitalization in the Chemical Industry

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.

most read

Photo
13.03.2025 • News

Roche and Zealand Pharma Collaborate on Weight Management Drug

Swiss pharma heavyweight Roche announced has entered into an exclusive collaboration and licensing agreement with Denmark’s Zealand Pharma. Under the terms of this agreement, the two companies will collaborate to co-develop and co-commercialize petrelintide, Zealand Pharma’s amylin analog as a standalone therapy as well as a fixed-dose combination with Roche’s lead incretin asset CT-388.

Photo
22.04.2025 • News

BASF Divests Two Joint Ventures in China

BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd.