# Lubrizol commits $150M+ in multiple India projects

Lubrizol Corporation is investing more than $150 million in India, including breaking ground on a CPVC resin plant in Vilayat, Gujarat, doubling capacity at its Dahej site, and opening a grease lab in Navi Mumbai.

- Type: Investment
- Announced: 2023-06-19
- Where: Vilayat, Gujarat; Dahej, Gujarat; Navi Mumbai, India
- Value: $150.0M
- Jobs: 4,000
- Status: announced
- Capacity: 100,000 metric tons CPVC resin
- Products: CPVC resin, chemical additives, grease
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lubrizol](https://endata.com/companies/11149.md)
- [Grasim Industries](https://endata.com/companies/9784.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230618581115/en/Lubrizol-Commits-Largest-India-Based-Investment-in-Companys-50-Year-History-in-Region), 2023-06-19: "India is among the fastest-growing global economies with a favorable climate for business investment."
- [business-standard.com](https://www.business-standard.com/companies/news/chemical-firm-lubrizol-to-invest-150-mn-to-build-cpvc-resin-plant-in-guj-123061900465_1.html), 2023-06-19: "US-based specialty chemical company Lubrizol Corporation on Monday announced investment commitments of over USD 150 million across several projects in its portfolio in the country."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.