The Lubrizol Corporation is a provider of specialty chemicals for the transportation, industrial, and consumer markets. These products include additives for engine oils and other transportation-related fluids, additives for industrial lubricants, and additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals, specialty materials, including plastics technology, and coatings in the form of specialty resins and additives. In 2007, the company was listed as 512 on the Fortune 1000. It has since moved up to 453 on the 2010 list.On the basis of 2010 profitability metrics, total shareholder return and earnings per share growth, Lubrizol was the top performing company among the 16 chemical companies that are on the Fortune 500.As of May 2011, the company was ranked at 1220 in the Forbes Global 2000 list, based on a combination of revenues, net income, assets and market value.On March 14, 2011, Berkshire Hathaway announced an agreement to purchase Lubrizol for US$9.7 billion. This happened just weeks after a top Berkshire executive David Sokol made a major bet on the stock price with his own money.On April 3, 2014, Lubrizol announced setting up of USD 50 million compound manufacturing unit in Dahej, Gujarat. This will be Warren Buffett's first investment in India. Wikipedia.
Agency: Cordis | Branch: FP7 | Program: CP-IP | Phase: KBBE.2013.3.3-01 | Award Amount: 11.15M | Year: 2014
Europe is preparing for a transition from a fossil- to a bio-based economy and this European Bioeconomy offers, as described in the EC Strategy Paper and Action plan Innovating for Sustainable Growth: A Bioeconomy for Europe, a comprehensive answer to key societal challenges, like creating and maintaining jobs, maintaining the competitiveness of the European Process Industries, adaptation to climate change, reducing the dependency on non-renewable feedstocks and more with less strategy on renewable biomass used for food, added value chemicals and energy. Due to its extensive scope and complex character such a transition is expected to take at least 1 to 2 decades. The current starting position for Europe on the biotechnological production of added value chemicals from renewable biomass is still very good, with its leading scientific position on industrial White Biotechnology, the global top positions of the European chemical and agro-food industries and the sophisticated logistic infrastructure, but there is a urgent need to go to commercial exploitation to prevent that Europe loses its strong position to faster acting competing economies. In this framework, an entrepreneurial consortium was built with the joint ambition to generate hard evidence and collect all technical/economic key design parameters needed for investment decisions for the first industrial production plants for the bio-based building blocks 1,4 butanediol and itaconic acid, which would definitely contribute to guiding these 2 important bio-based chemical building blocks through the notorious Innovation Valley of Death to industrial deployment. The consortium is based on strong industrial leadership on both of the selected products, and covers the full supply chains for bio-based BDO and IA. The planned demonstrations are solidly based on preceding research results originating from the KBBE Flagship Project BioConSepT and the internal research programs of the industrial partners.
Lubrizol Corporation | Date: 2015-10-19
The present invention relates to functional fluid compositions containing friction modifiers, and specifically stable compositions containing friction modifiers with limited solubility in and/or limited compatibility with the functional fluids with which they are used. In particular the present invention deals with functional fluids used in internal combustion engines, such as engine oils, and friction modifiers derived from hydroxy-carboxylic acids, where the friction modifier is present in the functional fluid composition at levels that would otherwise cause the composition to be unstable and/or hazy.
Lubrizol Corporation | Date: 2015-01-30
The invention relates to quaternary ammonium amide and/or ester salts and their use as additives, including their use in fuels, such as diesel fuel. The invention particularly relates to the use of quaternary ammonium amide and/or ester salts as detergents in diesel fuels.
Lubrizol Corporation | Date: 2015-03-18
Methods for using new general purpose foaming agents having application as drilling fluid foaming agents or as any foaming agent needed an a wide variety of applications is disclosed including at least one anionic surfactant, at least one cationic surfactant, and mixtures thereof and one or more zwitterionic compounds. The foaming agents can also include additive to augment the properties of the foaming agent for a given application.
Lubrizol Corporation | Date: 2015-06-25
A lubricant composition of an oil of lubricating viscosity and a polymeric phosphorus ester comprising the condensation product of a monomeric phosphorus acid or an ester thereof with a diol having two hydroxy groups separated by a chain of 4 to about 100 atoms exhibits good volatility, corrosion, wear, and/or seal performance in lubrication of a transmission.