Company Overview Visit lubrizol.com website
The company was founded in 1932 by an American chemist, Harry Brearley. Brearley invented high-performance alloys by chance while he was working for Brown-Firth Research and Engineering Company (now part of British Steel PLC). He left the company to establish Harry Brearley Research Laboratories, which eventually became Lubrizol. The word "Lubrizol" is derived from "Lubricant Plus Chemicals" and the name is also said to be an acronym for Laboratories United to Bring Results to Zinc Oxide.
Lubrizol created additive products initially used mainly in paints, oils, greases and steel production processes. The company expanded into the automotive industry in the 1960s, launching products specifically formulated to extend engine life and performance. Lubrizol's products are used by automakers worldwide. Lubrizol also produces additives for other industries including aerospace (plane fuels), food (additives for flavorings, alcohol and water-based systems) and construction (building materials).
Lubrizol holds a significant share of the chemical additives market in North America, Europe and Japan. In 2016 its global sales were US$ 9.9 billion, with customers in more than 80 countries around the world.