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Lubrizol

Specialty chemical company.

Headquarters:
29400 Lakeland Blvd.
Wakefield, OH 44092
Employees: 7,500
CEO: James Hambrick
Stock Symbol: LZ

Website: http://www.lubrizol.com

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Founded in 1928, the Lubrizol Corporation is a a global provider of specialty chemicals and materials for a wide variety of markets and end-use applications, such as lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel.

In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including polymer additives and plastics technology; performance coatings in the form of specialty resins and additives; and additives for the food and beverage industry.

Following the acquisition of Noveon International in June of 2004, the company reorganized its business into two business segments: the lubricant additives segment, also referred to as Lubrizol Additives, and the specialty chemicals segment, also referred to as Noveon.

Lubrizol owns and operates manufacturing facilities in 20 countries, as well as sales and technical offices around the world.

In 2005, Lubrizol reported revenues of $4.04 billion and net income of $189.3 million.

The company sold its food ingredients and industrial specialties businesses to a private investment firm for $270 million.

Updated May 2, 2006

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