Lubrizol to transfer or exit some performance coatings product lines
Lubrizol Corp. said Tuesday it will transfer or exit some of its performance coatings product lines and market applications where it does not see :``significant opportunity to grow the business profitably.''
Lubrizol Corp., a specialty chemical manufacturer, cut its 2008 profit guidance Friday, citing reduced demand in the weakening economy, and will report pretax restructuring and impairment charges for 2008.