Lubrizol Corp. said it is wrapping up $65 million in investments aimed at expanding and improving efficiency at its lubricant additive blending plant in Deer Park, Texas.
The investment includes $28 million for installation of more chemical component storage tanks, automated piggable component manifolds and additional capability in the automated in-line blending technology.
The Wickliffe, Ohio-based company also spent $37 million on improvements to railcar loading and unloading facilities and handling of tank truck and isotainers. This included installation of automated loading sites.
Officials said the company made the improvements in response to shifts in the engine oil market.
The upgrades to our Deer Park facility come from anticipating the needs of our customers to help them meet present and future engine-oil performance requirements, Dave Fries, corporate manufacturing director, Americas, said in a news release.
In October, Lubrizol announced it invested $20 million in its additive blending operations in Le Havre, France, saying it would help the company cope with increased complexity brought about by low SAPS and high-tier engine oils.