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March 21, 2017

Volume 6 Issue 49

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Lubrizol to Buy Control of its India JV

Lubrizol Corp. will buy an additional 24 percent stake of Lubrizol India Pvt., a 50-50 joint venture between the American additives supplier and Indian Oil Corp. The deal, which will give the former majority ownership, was approved by the Indian government last week and is expected to be completed soon.