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Saturday, 14 June 2014, 05:00 HKT/SGT
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Source: Lubrizol
Lubrizol and VELOX Announce New Distribution Partnership

CLEVELAND and BARCELONA, Spain, June 14, 2014 - (ACN Newswire) - Lubrizol Advanced Materials M.S. S.L. (FKA Merquinsa) announces a new distribution partnership with VELOX GmbH for its Merquinsa legacy TPU technologies. VELOX is a well-established distributor of raw material specialities for the plastics, composites, rubber, paints and coatings industries across Europe. VELOX will offer Lubrizol's specialty thermoplastic polyurethane (TPU) trademarks Pearlthane(R), Pearlcoat(R), Pearlbond(R) and Pearlstick(R) for adhesives, injection molding, extrusion and compounding applications in France, U.K., Ireland, Benelux, Italy*, Turkey, Czech Republic, Romania, Poland and other Central and Eastern European markets.

VELOX and Lubrizol have successfully been cooperating for the last 12 years, VELOX currently being the distributor for Lubrizol's brands Estane(R) TPU, Estaloc(TM) RETPU and Isoplast(R) ETP (hard and high flexural modulus polyurethane engineering resins).

As a trusted partner, VELOX GmbH has been representing engineering plastics producers in the chemical industry for more than 20 years. Guillaume Fromont, VELOX product manager, comments, "We are delighted to have signed this agreement. By combining VELOX' expertise in the field of speciality products and chemicals distribution with Lubrizol's proven excellence in speciality TPU materials, we are further expanding our constructive cooperation with Lubrizol - and we look forward to strong growth for our product range as a result."

Lubrizol's Pearlbondand Pearlstick TPU product lines include TPU specialties used as additives to increase crystallization speed in PUR hot melts and in heat sealable fabrics for technical textiles and footwear.

Lubrizol Engineered Polymers' specialty TPU resins can be bio-based**, recyclable***, light stable and optical clear (aliphatic), fast cycling, high-performance polycaprolactone copolyester- or copolymer-based specialties for industrial, automotive, electronics and sports and recreation markets and applications.

For more information, visit www.lubrizol.com/engineeredpolymers or http://www.merquinsa.com/.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care and personal care products and pharmaceuticals, and specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 7,500 employees worldwide. Revenues for 2013 were $6.4 billion. For more information, visit www.Lubrizol.com.

Lubrizol Advanced Materials M.S. S.L. (FKA Merquinsa)

Lubrizol Advanced Materials M.S. S.L. (FKA Merquinsa) is a leading thermoplastic polyurethane (TPU) specialty producer, providing innovative products for injection molding, extrusion, calendaring, melt coating, compounding and adhesive applications. Merquinsa was acquired by The Lubrizol Corporation in 2011. The Merquinsa product lines are now integrated into Lubrizol's Engineered Polymers business.

For more information about Merquinsa, Pearlthane(TM), Pearlthane(TM) ECO, Pearlcoat(TM), Pearlbond(TM), Pearlbond(TM) ECOand Pearlstick(TM) specialty TPU resins, please visit www.merquinsa.com or call +34 93 579-9522.

All marks are owned by The Lubrizol Corporation.

About VELOX

VELOX GmbH is a European leader in the marketing and distribution of raw material specialties for the plastics, composites, rubber, paints, inks and coatings industries. Founded in 1993 by Bernard Goursaud and N. Max Schlenzig, VELOX is headquartered in Hamburg, Germany. The company has 18 offices throughout Europe and employs over 200 experienced employees to support its customers.

VELOX - Specialities in Motion www.velox.com

* For sales of Pearlthane and Pearlcoat only
** Bio-based content as certified in accordance with ASTM D-6866
*** Recyclability is based on access to a readily available standard recycling program that supports such materials. Products may not be available in all areas.

Media Contacts
Michael Priola
+1-216-447-5697
The Lubrizol Corporation

Lidia Valcarcel
+34 93 579-9565
Lubrizol Advanced Materials Inc.

Web Sites:
www.lubrizol.com
www.merquinsa.com

###

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Lubrizol via Globenewswire

Topic: Business Tieup

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