For Immediate Release

Contact: Jade Davis VP, External Affairs 216.377.1366 [email protected]

Lubrizol Begins Exporting to Europe through Port of Port also dedicates new cranes to speed operations

The Port of Cleveland and The Lubrizol Corporation, one of ’s largest exporters to Europe, today announced the maker of specialty chemicals is now exporting products directly to Europe through Cleveland’s Port. Lubrizol, a Berkshire Hathaway company headquartered in Wickliffe Ohio, is now shipping container loads of specialty chemicals produced at its facilities in via the Cleveland-Europe Express (CEE) service. The CEE service, a partnership between the Port of Cleveland and the Spliethoff Group of the Netherlands, is the only scheduled ocean service between the , Europe and points beyond.

Port President and CEO Will Friedman said, “We are extremely pleased Lubrizol is now a customer of the Cleveland-Europe Express. As a world leader in the specialty chemicals industry and a leading global company based in Northeast Ohio, Lubrizol is exactly the type of Ohio exporter we aimed to serve. While it is still early, this is a critical milestone for the Cleveland-Europe service”. Although the CEE has been carrying Ohio- made exports to Europe since its inception, Lubrizol is the first large Ohio exporter to shift volume from the traditional East Coast routing to the CEE.

Lubrizol’s Director of Supply Chain Americas, Matthew Joyce, said, “As a major exporter from Northeast Ohio, we are excited to now have this option to ship directly from the Port of Cleveland, eliminating the overland segment to East Coast ports. We fully support this concept as a way to help Heartland producers reach global markets more efficiently and compete more effectively”.

In conjunction with the Lubrizol announcement, the Port officially commissioned two new, state-of-the-art mobile harbor cranes. The cranes, Leibherr model 280’s, will dramatically improve the efficiency of port operations, especially loading and unloading shipping containers filled with products made by Lubrizol and other Ohio companies. Port CEO Friedman said, “These cranes and other investments at the Port allow us to compete for and win business like Lubrizol’s. Global commerce demands high productivity and these machines, when operated by our skilled longshoremen, deliver the results”.

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About The Lubrizol Corporation The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers’ products while reducing their environmental impact. It produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care and personal care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions. Our products for the oilfield market include technologies for exploration, production and transportation.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 9,000 employees worldwide. Revenues for 2015 were $7 billion. For more information, visit Lubrizol.com.

For more information, visit www.portofcleveland.com

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About The Port of Cleveland The Port of Cleveland is an economic engine and key to Northeast Ohio’s global competitiveness, providing the quickest trade route between North American’s Heartland and Europe, linking the region to the world. Cargoes exceeding 13 million tons shipped annually through Cleveland Harbor drive nearly $3.5 billion in total economic value and more than 20,000 jobs for the State of Ohio. As a Green Port on a Great Lake, the Port plays a leading role in the environmental restoration and revitalization of and the and helps create vibrant, accessible waterfronts for all. For more information, please visit the Port website at: portofcleveland.com.