IS 2024 Session: Quantifying and Generating Value through R&D and Innovation at Lubrizol

Facilitator: Lee Green, IRI

Panelist: Julie Edgar, The Lubrizol Corporation

In this episode, we welcome Julie Edgar, Senior Vice President and Chief Technology Officer of Lubrizol, and Lee Green, Assistant Vice President of Research and Strategy at IRI, to the stage. Julie shares her journey from a coal-mining town in Wales to leading technological innovations at Lubrizol. She discusses the company's rich history, starting from a garage in Cleveland to becoming a global leader in chemical solutions.

Julie delves into the organizational changes at Lubrizol, emphasizing the creation of a dedicated corporate technology function and a corporate innovation team. She explains how Lubrizol has leveraged its diverse chemistry platforms to drive innovation and sustainability. Julie also highlights the importance of agility in the innovation process and the company's commitment to human health and environmental impacts.

Julie addresses the challenges of balancing long-term research with immediate business needs, sharing insights on the criteria used to evaluate and advance projects. The episode concludes with a discussion on sustainability, focusing on how Lubrizol is working to reduce its carbon footprint and develop sustainable solutions.

Join us for an insightful conversation on how Lubrizol is navigating the complexities of innovation and sustainability in the chemical industry.