
Lubrizol Announces New Tech & Innovation Hub in Maharashtra
Lubrizol has announced the intention to set up a cutting-edge Technology and Innovation Center in Maharashtra, a major milestone as the company's first such facility globally. Aged to spur breakthrough innovations, facilitate collaboration, and speed up time-to-market, the center will cater to regional and global customers in a variety of industries.
This project forms part of Lubrizol's $350 million investment in in-region manufacturing and localized development over the last two years. The new center will house a range of lab capabilities and leverage the success of Lubrizol's existing in-region Centers of Excellence (COEs). It will also have a stand-alone Customer Experience Center, which allows the company to co-create solutions together with customers and industry partners.
With state-of-the-art analytical capabilities, automation, and digital technologies, the center will enable sophisticated research and decision science applications, further enhancing Lubrizol's innovation strength.
“Lubrizol has been synonymous with innovation for nearly 100 years, and this new center represents a significant commitment to our innovation locally,” said Bhavana Bindra, Managing Director for India, the Middle East, and Africa.
Highlighting the center’s role in fostering collaboration, Bindra added, “The Technology and Innovation Center represents a significant commitment to our journey in the region. By bringing together expertise across multiple Lubrizol businesses, this facility will be a cornerstone of collaboration, automation, and technological advancement for our teams and all those we serve.”
Dr. Rahul Misra, Senior Director of Technology for India, the Middle East, and Africa, emphasized the strategic advantage of the center’s location. “An innovation center in Maharashtra provides proximity to key stakeholders, fostering seamless collaboration and operational efficiencies. Through a highly collaborative working space, the center enables strategic research and development, leveraging the best of our legacy innovation and formulation processes with future-state technology to help us take our quality innovation one step further.”
Rebecca Liebert, Lubrizol’s President & CEO, underscored the facility’s role in the company’s global strategy. “The Technology and Innovation Center will serve as a model for future global centers, aligning with our strategy of establishing interconnected innovation centers worldwide. Our innovation teams in India have already enabled significant advancements across various industries, earning global customer innovation awards. We expect this center to expand on those successes.”
With this new facility, Lubrizol aims to reinforce its leadership in innovation while strengthening its commitment to customers and partners across the region and beyond.