BASF SE (Ludiwgshafen, Germany) and The Lubrizol Corp. (Cleveland, Ohio) have signed a license agreement for the production and distribution of selected EMGARD and Plurasafe industrial lubricant products. The licensing agreement includes the following BASF products: EMGARD 2946; EMGARD CL 4046, 4068; EMGARD EP WG 680; EMGARD HT CL 5220, 5320; Plurasafe CL 6032, 6046, 6068; Plurasafe P 44; Plurasafe WGF 200 E. Effective April 1, 2024, licensed products will be marketed under Lubrizol’s CPI Fluid Engineering brand.
“With Lubrizol, we have found the right company to license these industrial lubricant products which address specific customer requirements,” said Brian Lieberman, Vice President, Fuel and Lubricant Solutions, BASF.
“BASF and Lubrizol’s agreement represent both organizations’ strong commitment to the markets and customers and will further enhance and expand Lubrizol’s extensive current portfolio of Industrial Lubricants,” said Michael Brubaker, Vice President, Lubrizol Fluid Engineering. “Lubrizol remains committed to providing the highest level of support and quality of products that our customers have come to know and expect.”
BASF has provided affected industrial lubricant customers with ordering and delivery details for related products, ensuring a smooth transition.