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2015-04-10

Lubrizol: Lubrizol forms global Center of Excellence for surface modifiers focused on meeting demands of the coatings and inks industry

CLEVELAND, April 10, 2015 - The Lubrizol Corporation's Performance Coatings
business announces it is forming a new global Center of Excellence at its
Ritterhude, Germany facility, centralizing the research, testing and
production of forward-thinking surface modifier technology for coatings and
inks. The new Center of Excellence will allow closer team coordination,
faster scale-up and improved commercialization of new surface modifier wax
technology.

"Lubrizol is building this Center of Excellence with one primary goal - to
focus on the right surface modifier technologies that will help advance the
coating and ink industry on a global basis," comments Herbert Fuesser,
Lubrizol Performance Coatings global product manager, surface modifiers.
"This investment brings our expertise and resources to one consolidated
location and demonstrates our ongoing commitment to delivering innovative
surface modifier performance for our customers worldwide."

Manufacturing capabilities have been upgraded to ensure the continued delivery
of outstanding product innovation, consistent production and customer support
of advanced micronized and liquid wax products. "The installation of new
milling lines offers increased manufacturing flexibility to meet our
customers changing performance requirements and growing demands," continues
Fuesser. "We've also successfully integrated production into the plant of
nearly all surface modifiers that were previously produced in North America."

Consolidation of manufacturing resources at the same site where all technical
and global technical support staff are based enables direct translation of
customer requirements into new product solutions. Overall, the upgrade of
manufacturing processes will lead to improved capabilities to customize
surface modifiers for customers as well as increase capacity and flexibility
in production.

The transition of lab and manufacturing capabilities from North America is
scheduled for completion by late summer, 2015.

About Lubrizol Performance Coatings

At Lubrizol, we innovate coatings solutions that help our customers balance
the aesthetics, durability, and functionality needs of their products for a
wide array of surfaces and substrates. Our strength is in collaborating with
customers to solve their toughest challenges-such as making coatings safer,
enhancing production efficiency and reducing environmental impact-without
compromising performance. To learn more, contact your Lubrizol representative
or visitwww.lubrizol.com/coatings

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven
global company that combines complex, specialty chemicals to optimize the
quality, performance and value of customers' products while reducing their
environmental impact. It produces and supplies technologies to customers in
the global transportation, industrial and consumer markets. These
technologies include lubricant additives for engine oils, driveline and other
transportation-related fluids, industrial lubricants, as well as additives
for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and
additives for home care and personal care products and pharmaceuticals, and
specialty materials, including plastics technology and performance coatings
in the form of specialty resins and additives. Our products for the oilfield
market include technologies for exploration, production and transportation.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing
facilities in 17 countries, as well as sales and technical offices around the
world. Founded in 1928, Lubrizol has approximately 8,000 employees
worldwide. Revenues for 2014 were $7 billion. For more information, visit
Lubrizol.com.

Media Contact

Mike Heil
Communications Manager
216-447-5176
Website: www.lubrizol.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lubrizol via Globenewswire

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