Lubrizol: C&EN’s company of the year!

We’re proud to number Lubrizol among our suppliers, not only because of the superior products it brings to market, but because it’s one of the true leaders in the industry.  That was recognized by Chemical & Engineering News, which has spotlighted Lubrizol as its Company Of The Year for 2009.

As their article puts it,

The most impressive performance among chemical companies last year was Lubrizol’s. Looking at the firm’s results, one would hardly know a recession was going on. Its earnings for the first three quarters increased 67%, to $385 million, on sales of $3.4 billion. Executives expect earnings to increase 78% for the full year and hit a company record. James L. Hambrick, Lubrizol’s CEO, credits his employees. “It’s not an exaggeration for me to tell you that every single person in our company did more with less this year,” he told analysts in October.

What makes this even more impressive are the companies also in the running for the title; worthy and statured firms, all of them.  Lubrizol made the best of tough times in the industry, setting itself up for success as the economy rebounds.