Lubrizol to invest $150m in India, partner Grasim.

US-based specialty chemicals firm The Lubrizol Corp will invest $150 million in India, its largest-yet investment in the country, as it bets on housing-led infrastructure, transportation and home products in the country, its chief executive officer and president Rebecca Liebert said.

Lubrizol - a Berkshire Hathaway company - will invest in its additives business, install a 100,000-metric tonne CPVC resin line in partnership with Grasim Industries at its site in Vilayat, and double its compounding capability at its plant in Dahej.

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