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    Home > Chemicals Industry > Rubber Plastic News > Lubrizol Announces Further Investments to Support Growth of the Paint Protection Film (PPF) Market

    Lubrizol Announces Further Investments to Support Growth of the Paint Protection Film (PPF) Market

    • Last Update: 2023-01-09
    • Source: Internet
    • Author: User
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    To better serve the rapidly growing paint protection film (PPF) market, The Lubrizol Corporation announced on July 29 that its multi-million-dollar phased investment in thermoplastic polyurethane (TPU) capacity and capabilities will go into the next stage
    .
    Over the past three years, Lubrizol has invested more than $20 million in capacity expansion, application and test capabilities, and market insights

    .

    The new phase of investment will further optimize Lubrizol's global production footprint to support expected growth and innovation in the paint protection film market
    .
    Lubrizol plans to gradually increase capacity through improvements to existing production and investment in new construction, which is expected to more than triple over the next three years

    .

    Arnau Pano, general manager of Lubrizol Engineered Polymers, said: "We will continue to make the necessary investments in the facilities, capabilities and people to support the thriving growth of our strategic customers and partners
    .
    This is also in line with our commitment to surface protection.
    The focus of the application remains the same

    .

    “The paint protection film market continues to grow strongly globally, driven by increased consumer awareness and desire to protect vehicle surfaces and maintain a premium appearance
    .
    ” Viviana, global industrial market director, ESTANE® Engineered Polymers, Lubrizol Wilson said, “The long-lasting performance and protection of ESTANE® TPU is a perfect match for consumer preferences for paint protection films

    .
    Globally, we are helping end users with high-performance surface protection solutions through our resources and capabilities.
    benefit from the program

    .

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