Lubrizol Corporation, a Berkshire Hathaway company and a specialty chemical firm aims to double its business in India over the next five years and actively expanding its global capability centre in Pune.
Close on the heels of its USD 350 million investment in the country, the company is targeting to hire 250 more professionals to reach the 600-strong employee base in India After the USD 150 million investment into CPVC across the Dahej expansion and the resin plant, it has also invested another USD 200 million for Additives plant. It recently inaugurated,the GCC in Pune as a strategic hub to accelerate its growth in the region and enable closer collaboration for its customers and employees, and has already hired 100 people.
Lubrizol’s President & CEO Rebecca Liebert explained that “With $350 million of investment, we need a lot of engineering. These are big plants and they’re complex plants. So we need people that can do the engineering, that can run projects, that can manage all of the procurement spend. So having that capability set here, and then really help us set up for the future because we think the India market is going to continue to grow and expand.”