Lubrizol to Invest $200 Million in New Manufacturing Facility in Aurangabad

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The Lubrizol Corporation has signed a Memorandum of Understanding with the Maharashtra government to acquire a 120-acre plot in Aurangabad, India. The company plans to build a new manufacturing facility to cater to the growing transportation and industrial fluid markets. With an initial investment of around $200 million, this will be Lubrizol’s largest project in India and its second-largest global manufacturing facility. The project will be developed in phases, with future expansion planned over the coming years.

Note: The above-mentioned news was first published by us in our ProjectX India | 15th August 2024 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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