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Lubrizol Corporation is an American provider of specialty chemicals for the transportation, industrial and consumer markets. These products include additives for engine oils and other transportation-related fluids, additives for industrial lubricants, and additives for gasoline and diesel fuel.
2-Acrylamido-2-methylpropane sulfonic acid (AMPS [1]) was a Trademark name by The Lubrizol Corporation. It is a reactive, hydrophilic, sulfonic acid acrylic monomer used to alter the chemical properties of wide variety of anionic polymers. In the 1970s, the earliest patents using this monomer were filed for acrylic fiber manufacturing.
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In 1986, Roy Howell, a chemist with a background from Cornell University and employed by Lubrizol, joined Red Line Synthetic Oil Corporation as its Chief Chemist. In 2014, Phillips 66 acquired Spectrum Corporation, the parent company of Red Line Synthetic Oil.
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He left Berkshire in 2011 after he personally made a $3 million profit from Berkshire Hathaway's purchase of Lubrizol. [7] In 2014, the company changed its name from MidAmerican Energy Holdings Company to Berkshire Hathaway Energy. [8] In August 2022, Berkshire Hathaway acquired a 1% stake in the company from Greg Abel for $870 million. [9]
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Michael Covitch of Lubrizol, Chair of the SAE International Engine Oil Viscosity Classification (EOVC) task force was quoted stating "If we continued to count down from SAE 20 to 15 to 10, etc., we would be facing continuing customer confusion problems with popular low-temperature viscosity grades such as SAE 10W, SAE 5W, and SAE 0W," he noted.