Ho Chi Minh City, Vietnam – The Lubrizol Corporation, a global leader in specialty chemicals, today announced its intent to establish a Joint Service Center in collaboration with IMCD Vietnam, a leading distributor of specialty chemicals and ingredients. This strategic initiative builds on the strong partnership between Lubrizol and IMCD, following the recent announcement of IMCD Group as Lubrizol’s Channel Partner for the lubricant and fuel additives market in Vietnam. The project underscores both companies’ commitment to delivering enhanced technical services and market relevant solutions for industrial customers in Vietnam.

The Joint Service Center will serve as a hub to provide faster technical response, improved collaboration, and customized solutions designed to meet local market needs, with a particular focus on the industrial lubricants segment. By combining technical expertise and local market knowledge, the center will enable customers to access timely support, co-development opportunities, and specialized solutions that address the unique requirements of Vietnam's industrial sector.

"We are proud to partner with Lubrizol to bring tailored, high‑performance industrial lubricant solutions to fast‑growing Vietnamese market," said Narendra Varde, President of IMCD APAC. "The Joint Service Centre will deliver accelerated product development and a faster route to market for our customers, underpinned by IMCD's formulation expertise and long-term commitment to support the local industry."

"Vietnam's industrial sector is evolving rapidly, and this Joint Service Center reflects our shared vision to bring world-class solutions closer to customers," said Henry Liu, Vice President, Asia-Pacific, Lubrizol. "By embedding Lubrizol's science-driven innovation and decades of expertise into a local hub, we will empower manufacturers to tackle complex challenges in metalworking, gear oils, and hydraulic systems-achieving operational excellence and capturing new growth opportunities in the market."

The announcement coincides with Lubrizol’s new office opening in Ho Chi Minh City, reinforcing the company’s long-term commitment to Southeast Asia. The Ho Chi Minh City office will be a hub for customer and industry value chain engagement, enabling closer collaboration with local manufacturers, researchers, and institutions.

Together with the recently launched Lubrizol Southeast Asia Innovation Center in Jurong, Singapore, these facilities form a robust regional network that supports Lubrizol's mission to drive growth through collaboration and innovation. With more than 65 years in Asia Pacific, Lubrizol has built a reputation for technological excellence and trusted partnerships with customers as well as other value chain partners. The expanded business presence in Southeast Asia strengthens this legacy, positioning Lubrizol to better serve the local market with science-based, tailored solutions for industrial applications.

路博润和IMCD越南分部宣布成立联合服务中心，以加强本地支持并加速工业润滑油创新