Business cooperation expands product portfolio and provides sustainable products for industrial piping systems in India
Mumbai, India--(BUSINESS WIRE)--Lubrizol Advanced Materials, Inc., the inventor and largest manufacturer of global CPVC compounds, and Prince Pipes and Fittings Ltd. today signed an agreement on Corzan® CPVC processors The final agreement for the manufacture and sale of Corzan® CPVC material and piping solutions in India. Through this cooperation, Lubrizol will expand its product supply in the Indian industrial pipeline sector and will strengthen Prince Pipes and Fittings Ltd's position in the Indian industrial pipeline system.
From September 2021, Corzan® CPVC will be sold through Prince Pipes and Fittings Ltd. throughout India.
Lubrizol is a pioneer in CPVC piping technology, and its Corzan® CPVC has a long history of withstanding high pressure and corrosive chemicals. Corzan® CPVC is known for its reliability, consistency, efficiency and uninterrupted productivity. It is mainly used for transportation of chemicals, industrial water treatment, mineral processing, and oil and gas applications. Corzan® CPVC is recyclable and reused as an additive to other vinyl compounds, in line with Lubrizol's sustainable development goals of cleaner, smarter, and more life.
"After precise design and real-world testing, Corzan® CPVC technology embodies the highest standards of product quality and performance, when long-term and reliable service life is essential. We are happy to share with you that Corzan® CPVC materials and piping solutions will Launched in India, its brand new, globally updated brand identity will be visible through redesigned fonts and innovative supporting icon designs. Our new brand embodies precision, innovation and reliability. Indian industrial engineers, consultants and customers Feel assured of the higher performance of Corzan® CPVC, which meets global standards and ensures customer peace of mind," said Michael Fornes, Global Director of TempRite® Engineering Polymers, in the announcement.
Commenting on the collaboration, Scott Mold, General Manager of TempRite® Engineering Polymers, said: "I am very pleased to expand our partnership with Prince Pipes to launch Corzan® CPVC material and piping solutions in India. It further supports Lubrizol’s contribution to the Indian market. Has a long history and commitment, and is consistent with India’s “Made in India” initiative. Together with the leadership of Prince Pipes and Fittings, I believe this partnership will be successful and provide the highest standards of quality and performance for the Indian industrial market ."
Commenting on the cooperation, Mr. Nihar Chheda, Vice President of Prince Pipes and Fittings Limited, said: “We are very happy to cooperate with Lubrizol again. Prince Pipes is not to create distinctive products, but to provide distinctive solutions. . We promote industry change by replacing traditional products with high-performance, user-friendly solutions. The Indian industrial pipeline market has huge potential ~INR. 160 billion. Today, this is mainly dominated by the low adoption rate of traditional MSRL pipelines and CPVC, CPVC Mainly only used for domestic applications. And on a global scale, Corzan® CPVC pipes are widely accepted in industrial applications. The association has strengthened Prince Pipes’ existing product portfolio of industrial solutions. Prince OneFit using Corzan® CPVC technology will solve Corrosion issues, while reducing downtime, so as to achieve continuous production. This reflects our strong desire to continue to promote high-impact changes to create higher value."
The Lubrizol Corporation, a company under Berkshire Hathaway, uses its unparalleled science to open up infinite possibilities at the molecular level, promote sustainable and measurable results, and help the world become cleaner, create smarter, Life is better. Founded in 1928, Lubrizol owns and operates more than 100 manufacturing plants, sales and technical offices worldwide, and has approximately 8,800 employees. For more information, please visit www.Lubrizol.com | www.corzan.com/en-in | Toll Free 18001021520
About Prince Pipes & Fittings Ltd.
Prince Pipes and Fittings Limited (PPFL) (NSE: PRINCEPIPE I BSE: 542907) is one of India's largest manufacturers of integrated pipe solutions and multipolymers, headquartered in Mumbai, Maharashtra. Established in 1987, Prince is one of the fastest growing companies in the pipeline and fittings industry in India. For more than 30 years, the company has been engaged in the manufacture of polymer pipe solutions for four types of polymers-CPVC, UPVC, HDPE, and PPR. In August 2020, the company announced a partnership with Lubrizol-Lubrizol is the inventor and largest manufacturer of CPVC compounds in the world, headquartered in the United States; since then, the Prince Flowguard Plus CPVC piping system has been launched.
Richard Troyer Global Marketing Manager TempRite® Engineering Polymers: richard.troyer@lubrizol.com
Pooja Shetty South Asia Marketing Manager, TempRite® Engineering Polymers pooja.shetty@lubrizol.com
Lubrizol announces a partnership with Prince Pipes and Fittings Ltd. to manufacture and sell Corzan CPVC materials and piping solutions in India
Richard Troyer Global Marketing Manager TempRite® Engineering Polymers: richard.troyer@lubrizol.com
Pooja Shetty South Asia Marketing Manager, TempRite® Engineering Polymers pooja.shetty@lubrizol.com