Project News Detail
| Project No : | 202766 |
|---|---|
| Project Title : | Lubrizol Opens Global Capability Centre in Pune, Maharashtra |
| Company Name : | Private Company |
| Project Detail : | Specialty chemicals company Lubrizol Corporation has opened a new global capability centre (GCC) in Pune, Maharashtra. This would be a strategic hub to accelerate its growth, and help to tap local talent for regional and global success in the industries it serves. The Lubrizol GCC is part of a new facility in Pune, Embassy Tech Zone, Hinjewadi. The campus is WELL-and LEED Gold certified to enable a safe, and environmentally conscious workspace. The 42,000-sq. ft. facility features wellness rooms, a cafeteria with a recreational area, a training area and huddle rooms with an emphasis on natural light. The facility can hold up to 300 employees in the future. The GCC will add more than 200 regional employees with initial focus on IT, engineering, supply chain and procurement, and later add other functions such as human resources (HR), finance and Legal. A customer experience zone is also being set up at the GCC. The company currently employs approx. 500 employees in India through various in-region commercial offices, labs and manufacturing plants and also supports hundreds of in-region contract positions. The new GCC is another milestone in the company’s commitment to growth in India, as well as for its best-in-class service and collaboration with customers and employees. In 2023, Lubrizol announced a more than 150 million USD investment to enable the world’s largest CPVC resin plant in Vilayat, Gujarat, double capacity at its site in Dahej, Gujarat, open a grease lab in Navi Mumbai .The Berkshire Hathaway company had announced USD 150-million investment last year, and it is looking to double its business in India in the next five years with its investment. Lubrizol has a joint venture with Indian Oil for lubricants and fuel additives. The company owns and operates more than 100 manufacturing facilities, sales and technical offices around the world. |
| Project Location : | Pune - Maharashtra - India |
| Project Estimation : | Refer Document |
| Status : | Announced |