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What is Lubrizol used for?

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What is Lubrizol used for?

The Lubrizol Corporation is a provider of specialty chemicals for the transportation, industrial and consumer markets. These products include additives for engine oils and other transportation-related fluids, additives for industrial lubricants, and additives for gasoline and diesel fuel.

What are Lubrizol products?

Products & Services

  • Graphic Arts & Inks.
  • Specialty Printing Paper & Nonwovens.
  • Textile Coating Machine.
  • Corrugated Board.
  • Plumbing Systems.
  • Fire Protection Systems.
  • Industrial Storage Systems.
  • Material Solutions.

Who is the owner of Lubrizol?

Berkshire Hathaway
Lubrizol/Parent organizations
Sep 16, 2011: Berkshire Hathaway Inc. and The Lubrizol Corporation announce completion of the acquisition of Lubrizol. Lubrizol becomes a wholly owned subsidiary of Berkshire Hathaway. August 20, 2013: Lubrizol opens a world-class additives manufacturing facility in Zhuhai, Guangdong, China.

How many employees does Lubrizol have?

8,800 employees
Founded in 1928, Lubrizol owns and operates more than 100 manufacturing facilities, sales and technical offices around the world and has approximately 8,800 employees.

Is Lubrizol a good company to work for?

Overall, it is a very good company to work for. Very secure, professional culture. However, advancement can be challenging as the businesses are vert different and very silo’d.

Does Lubrizol pay well?

How much does Lubrizol pay? The average Lubrizol salary ranges from approximately $68,000 per year for a Material Handler to $153,751 per year for a Senior Manager. The average Lubrizol hourly pay ranges from approximately $38 per hour for a Chemical Operator to $53 per hour for a Production Operator.

Does Warren Buffett Own Lubrizol?

In his firm’s annual report released this weekend, Berkshire Hathaway CEO Warren Buffett included a side note on one of the companies his conglomerate bought in 2011 for $9 billion, a company called Lubrizol. Lubrizol is an Ohio-based global specialty chemical company.

When did Buffett buy Lubrizol?

2011
In his firm’s annual report released this weekend, Berkshire Hathaway CEO Warren Buffett included a side note on one of the companies his conglomerate bought in 2011 for $9 billion, a company called Lubrizol. Lubrizol is an Ohio-based global specialty chemical company.

How much does the CEO of Lubrizol make?

Hambrick received a salary of $969,288, a bonus of $225,863, stock awards valued at $2,060,534, option awards valued at $1,030,144, non-equity incentive plan compensation of $1,676,138 and other compensation of $105,472, most of which was profit-sharing and a life insurance premium.

When did Warren Buffett buy Lubrizol?

What does Lubrizol Deer Park make?

The Lubrizol Deer Park plant manufactures specialty chemical additives for lubricating oils used in gasoline and diesel engines, automatic transmissions, gear drives, marine engines and tractors.

How much did Berkshire pay for Lubrizol?

Buffett to Pay $9 Billion for Lubrizol in Latest Industrial Foray. Warren Buffett’s Berkshire Hathaway Inc. said Monday it will buy chemical maker Lubrizol Corp. LZ -2.50% for $9 billion, in its latest expansion into the industrial sector, where the billionaire investor has been seeking new avenues for growth.

https://www.youtube.com/watch?v=2O5fev12Z2Q

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