Lubrizol was founded in 1928 as the Graphite Oil Products Company.
The company released its first product, a graphited lubricant and applicator the next year.
During World War II Lubrizol produced more than half of the engine oil additives for Allied military operations.
In 2011 Berkshire Hathaway purchased Lubrizol for $9.7 billion. At the time of the acquisition Lubrizol was publicly traded on the New York Stock Exchange under the ticker symbol LZ and was a Fortune 500 companies.
Today Lubrizol is the world’s #1 maker of additives for lubricants and fuels and operates through two business segments: Lubrizol Additives and Lubrizol Advanced Materials.
LubrizolLubrizol was founded in 1928 as the Graphite Oil Products Company.
The company released its first product, a graphited lubricant and applicator the next year.
During World War II Lubrizol produced more than half of the engine oil additives for Allied military operations.
History
In 2011 Berkshire Hathaway purchased Lubrizol for $9.7 billion. At the time of the acquisition Lubrizol was publicly traded on the New York Stock Exchange under the ticker symbol LZ and was a Fortune 500 companies.
Today Lubrizol is the world’s #1 maker of additives for lubricants and fuels and operates through two business segments: Lubrizol Additives and Lubrizol Advanced Materials.
