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Markets: Bindra to continue Lubrizol’s $150m commitment in India

Fiinews by Fiinews
March 6, 2024
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Pune-based Global Capability Center to serve as a regional hub

Bhavana Bindra as Managing Director for India, Middle East & Africa (IMEA) at Wickliffe, Ohio-headquartered Lubrizol Corporation https://www.lubrizol.com/ will continue the group’s commitment to the region, including a US$150 million investment in India to accelerate growth.

The investment most notably including a new state-of-the-art CPVC resin plant in Vilayat https://www.investindia.gov.in/ , India, will be the world’s largest resin plant of its kind when operational in 2025.

Bindra will provide oversight of a new Global Capability Center in Pune https://www.opec.org/opec_web/en/ , which will serve as a regional hub that enhances Lubrizol’s capabilities for regional growth.

She will work closely with company leaders to support localized market opportunities and strengthen relationships with in-region customers, suppliers and stakeholders, said Lubrizol.

“The newly created role will support Lubrizol’s aggressive growth goals and ongoing commitment to the region,” said Lubrizol.

As Lubrizol IMEA Managing Director, Bhavana will be responsible for leading the company’s IMEA https://www.pmindia.gov.in/en/ team to deliver regional growth for Lubrizol and its customers, based on a local-for-local approach.

“Lubrizol https://mopng.gov.in/en has a long history of success across India, Middle East and Africa, and we look forward to further growing and strengthening our support for our customers and partners in these regions,” JT Jones, SVP, High Growth Regions, Lubrizol, said on 4 Mar 2024.

“We have incredible talent https://www.skillindia.gov.in/ across the region and look forward to expanding our team and our footprint across the region.”

The Lubrizol Corporation, a Berkshire Hathaway company, is a specialty chemical company whose science delivers sustainable solutions to advance mobility, improve well-being, and enhance modern life. Founded in 1928, Lubrizol owns and operates more than 100 manufacturing facilities, sales, and technical offices around the world and has more than 8,000 employees. Fiinews.com

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