Sector News

Lubrizol Completes Acquisition of Warwick Chemicals

January 5, 2015
Energy & Chemical Value Chain
The Lubrizol Corporation announces it has completed the acquisition of Warwick Chemicals, a leading global developer, producer and supplier of stain removal technology with hygiene benefits. The transaction was announced on November 24, 2014.
 
The addition of Warwick Chemicals complements Lubrizol’s existing home care product line, strengthening its strategy of providing high-value technology solutions to its global customers. Commenting on the transaction, Rick Tolin, Lubrizol vice president and general manager, personal care and home care said, “The acquisition of Warwick Chemicals enhances our strong portfolio of rheology modifiers, functional polymers and surfactants, and will place us in an excellent position to offer integrated solutions to our customers.”
 
With the close of the transaction, Warwick Chemicals is now part of Lubrizol Advanced Materials, reporting into Lubrizol’s personal and home care business and retaining the Warwick Chemicals company name.
 
Source: The Lubrizol Corporation
 

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