Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2016-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Lubrizol Lubrikan Additive's Core Business Is Not a Growth Business

The Lubrizol Lubrikan Additive's business is one of your six largest non-insurance units. Can you please update us on how the core business has done and how the competitive landscape and end markets have evolved since it was acquired? I know the core business is not a growth business, but has the increase in miles driven help their top line at all. Could you also talk about the performance of one or two of their more important bolt-on acquisitions, whether it be Chem Tool, the pipeline flow-improver company, Warwick, Weatherfield, or Lipotec?

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