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Monday 12 December, 2011

Lubrizol

Lubrizol Signs Agreement to Acquire Active Organics






     Provides company entry into botanical extracts and natural performance
                              ingredients markets

CLEVELAND, December 12, 2011 - The Lubrizol Corporation announces that it has
signed an agreement to purchase Active Organics, Inc., a leading manufacturer
and supplier of naturally-derived specialty ingredients including botanical
extracts and natural performance ingredients for the personal care industry.
This acquisition complements Lubrizol's existing personal and home care product
line, strengthening its strategy of providing high-value technology solutions to
its global cosmetic customers.

Founded in 1981 by Michael Bishop and headquartered in the Dallas/Fort Worth
Metroplex, Active Organics offers a wide range of botanical extracts and natural
performance ingredients to leading producers of cosmetic products.  Recognized
Active Organics' brands include Actiphyte(®) and Actiplex(®) botanical extracts,
ActiLipid(®) and ActiMatrix(®).

"This acquisition provides Lubrizol with an enhanced presence in the natural
ingredients market, which we view as a significant step in continuing to grow
our personal and home care product portfolio," commented Rick Tolin, Lubrizol
vice president and general manager, personal care and home care. "The joining of
the two companies creates a portfolio of industry-leading technologies that will
help make our customers more successful through expanded access to innovative
ingredients, formulations and applications knowledge."

Active Organics works directly with key customers to identify new product
opportunities and applications. The company uses its North American
manufacturing and distribution platform to meet global product specifications,
ensure superior product quality and provide customers reliability of supply
while also catering to regional consumer preferences.

"Lubrizol is a known leader in the personal care industry with a strong
commitment to investing in the technology, resources and global reach required
to meet the demands of today's customers," stated Michael Bishop, president of
Active Organics. "Joining with Lubrizol provides significant benefits and
opportunities for our talented workforce, as well as our customers, and I am
excited about our future together."

Lubrizol will be assuming all Active Organics employees. Once the transaction
closes, Active Organics will become a wholly-owned subsidiary of Lubrizol
Advanced Materials and retain the Active Organics name. Assets transferring
include Active Organics' dedicated technology, know-how, application knowledge,
intellectual property, trade names, customer lists and relationships, production
capabilities and business base.

Financial terms of the agreement were not disclosed. The transaction, structured
as a stock purchase, is expected to close by the end of 2011, subject to
customary closing conditions.

About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is an innovative
specialty chemical company that produces and supplies technologies to customers
in the global transportation, industrial and consumer markets. These
technologies include lubricant additives for engine oils, other transportation-
related fluids and industrial lubricants, as well as fuel additives for gasoline
and diesel fuel. In addition, Lubrizol makes ingredients and additives for
personal care products and pharmaceuticals; specialty materials, including
plastics technology; and performance coatings in the form of specialty resins
and additives. Lubrizol's industry-leading technologies in additives,
ingredients and compounds enhance the quality, performance and value of
customers' products, while reducing their environmental impact.

With headquarters in Wickliffe, Ohio, The Lubrizol Corporation owns and operates
manufacturing facilities in 17 countries, as well as sales and technical offices
around the world. Founded in 1928, Lubrizol has approximately 7,000 employees
worldwide. Revenues for 2010 were $5.4 billion. For more information, visit
www.lubrizol.com.

About Active Organics, Inc.
As a pioneer in botanical extracts and natural performance ingredients for the
personal care products industry, Active Organics, Inc. is recognized around the
world for its technological development and consistently high quality products.
From its headquarters outside Dallas, Texas, on any given day the company
processes natural extracts and performance ingredients from more than 1000
plants, fruits, vegetables and herbs. Since its founding in 1981 by Michael
Bishop, Active Organics has been dedicated to the research, development and
production of cutting edge products. For more information,
visitwww.activeorganics.com.

Media Contacts
Julie Young
The Lubrizol Corporation
440/347-4432
Website: www.lubrizol.com

Michael Bishop
Active Organics, Inc.
972/221-7500
Website:www.activeorganics.com

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Source: Lubrizol via Thomson Reuters ONE

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