Berkshire
Hathaway's Lubrizol plans new plant in China
US-headquartered
Lubrizol Corp.which is owned by Berkshire Hathaway announced that it will soon be opening a new
plant in Guangdong
to produce chemical additives for lubricants. The plant will employ more than 150 workers that will primarily serve the Asian market.
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| David Nealis President of Ceres Ltd www.ceres888.com |
Lubrizol Corp. operates in 17 countries and has about 7,000 workers worldwide.
China, the world’s 2nd
largest economy, continues to be the most important market for companies
looking for growth and Chinese companies continue to globalize by investing and
selling their products in new markets; what is your company’s strategy for engaging China?
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Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
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