To accelerate India-based innovation, US-based company Lubrizol has announced it will open a state-of-the-art Technology and Innovation Centre in Maharashtra. The first of its kind for the company globally, the facility is designed to progress breakthrough innovations, expand collaboration, and enhance speed to market for Lubrizol and the many customers and industries it serves both in the region and globally, including the pharma sector.
The centre will empower collaboration across Lubrizol, co-locating lab capabilities and expanding on the success of existing in-region technology Centres of Excellence (COE).
The site will also include a Customer Experience Centre, allowing Lubrizol to co-develop solutions with customers and partners. The facility will feature advanced analytical capabilities to support research needs, including automation and digital tools, allowing teams to apply decision science to accelerate next-generation solutions.
Lubrizol’s Technology and Innovation Centre announcement follows multiple Lubrizol investment announcements, with more than $350 million commitment into India over the last 18 months. The company also opened a Global Capability Centre in Pune last year, doubled its capacity at its Dahej, Gujarat, manufacturing site and announced several other projects. The new Lubrizol Technology and Innovation Centre will continue to expand Lubrizol’s network in India.