Lubrizol Announces $20 Million Investment in Acrylic Emulsion Manufacturing Capacity [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Yahoo! Finance
CLEVELAND, April 23, 2024 BUSINESS WIRE )--As part of its growth strategy for innovative resin technologies for coatings, Lubrizol announces a $20 million investment to its plant in Gastonia, North Carolina, to enhance production of innovative acrylic emulsions. Dating back to the 1950s, Lubrizol has a long history of innovating and manufacturing acrylic emulsion technologies used in a variety of coatings formulations commonly used in diverse applications, including paper, textiles and construction materials. With over a dozen patents throughout the years in North America alone, Lubrizol's acrylic emulsions have pioneered step changes in coating performance, from UV and chemical resistance to hardness and toughness improvements to self-dispersibility to lower VOCs and more. "Our commitment to innovation and production of world-class acrylic emulsions will continue, as evident by this significant investment," shared Luis Carthery, Sr. Business Director-Americas, Lubrizol. "While s
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