Lubrizol Announces New Testing Facility in China

Technical Services Laboratory to be based at Jilin University

CLEVELAND and ZHUHAI, CHINA, —The Lubrizol Corporation (NYSE: LZ), announces plans to expand its additives testing capabilities in order to better serve the needs of its global customer base. The new technical services laboratory initially will be based on the campus of Jilin University in Zhuhai, Guandong, China.

The lubricant and fuels market in China is growing at a rapid pace, in line with the expanding domestic automobile industry, and Lubrizol is committed to helping its customers in this ever-changing era. “Our investment in testing capabilities in China and throughout Asia is significant because it will allow us to collaborate and improve the quality and efficiency of our work on a highly global scale”, notes Phil Shore, Lubrizol vice president of testing.

The testing laboratory in Zhuhai will offer advanced technical services for lubricant and fuel additive customers and OEMs in China. Capabilities will encompass a full menu of services including additive and lubricant blending, physical and chemical analyses and performance testing. Plans are also in place for a used lubricant analysis lab to support the company’s synthetic-based compressor lubricant business in the region.

Tsung-Fei Tang, vice president, Lubrizol Additives, China,believes that situating the new facility on the Jilin University campus is beneficial for both organizations. “We are pleased to have this unique opportunity to work closely with Jilin University,” he says. “Not only will this modern, high-tech lab bring valuable services to our customers in China, but we will be able to build relationships with talented local students who may serve as Lubrizol interns and possibly as future Lubrizol employees. We intend to work closely with the university in a collaborative style to progress joint projects and other activities.” In addition to advanced lab facilities, Lubrizol will have access to the university’s common areas and shared services.

Initially, a lab manager and several technical staff are expected to work in the new additives laboratory. Many of these individuals will receive extensive training at Lubrizol’s existing technical service facilities in the U.S. and Europe. The new technical facility will be linked to the rest of Lubrizol’s global R&D and testing system through its advanced computer network, providing immediate, 24-hour access to global data in support of customers.

The new additives laboratory builds on Lubrizol’s long established presence in Asia and will support Lubrizol’s ongoing sales and manufacturing efforts in the region. In 2010, Lubrizol announced the construction of a new lubricant additive production facility in the Zhuhai Gaolan Port Economic Zone, located within 20 miles of the Jilin University campus. The company anticipates close collaboration between the new laboratory, the new production facility, and our joint venture with the LanZhou Lubrizol LanLian Additive Co. Ltd as we continue to meet the important needs of our customers in the region. The new manufacturing site in Zhuhai will also provide opportunities for future expansion of laboratory infrastructure in China.

“Lubrizol is indebted to Zhuhai College of Jilin University, without whom we could not have achieved this excellent laboratory expansion”, continued Tang. “While our plans include the eventual transition of our laboratory testing capabilities to our new plant, we look forward to a lasting relationship with the university in areas such as technical collaboration and employee recruiting.”

Construction on the new technical services laboratory at Jilin University has begun and the lab is expected to be functional in the third quarter of 2011.

About The Lubrizol Corporation

The Lubrizol Corporation (NYSE: LZ) is an innovative specialty chemical company that produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Lubrizol’s industry-leading technologies in additives, ingredients and compounds enhance the quality, performance and value of customers’ products, while reducing their environmental impact.

With headquarters in Wickliffe, Ohio, The Lubrizol Corporation owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 7,000 employees worldwide. Revenues for 2010 were $5.4 billion. For more information, visit http://www.lubrizol.com/.