According to an analysis done by Kotak Institutional Equities, the PLI scheme for autos provides incentives in the range of 13-18% of sales value to OEMs for manufacturing EVs in India.

LANXESS has developed a new concept for radar sensors with integrated thermal management that will benefit autonomous driving.

LANXESS is expanding its production capacity for light-colour sulfur carriers at its Mannheim site by several kilo tons.

This deal is among the biggest in the European auto parts industry and would create a big company with 150,000 employees. Faurecia beat out competition from car-parts maker Mahle and Plastic Omnium.

Padnos will use ASR as a viable feedstock for EMN’s molecular recycling process, making way for circular solutions. The study will assess the ability of EMN’s CRT to break down the plastic-rich fraction of ASR.

erman firm says that it is committed to India, where it has recorded a robust growth of 12 per cent in the first half (H1) of 2019 with turnover of Euro 149 million compared to Euro 133 million in H1 2018.

The Germany-based specialty chemicals company Lanxess recently inaugurated its new plant in Changzhou, China. The compounding facility produces Durethan- and Pocan-branded high-tech plastics, especially for the automotive sector and the electrical and electronics industry.

Based on the USCAR specification procedure, the new compounds achieve Class 4 or even Class 5 (the two highest gradings) – making them the material of choice for PBT components, which have to work reliably under the influence of humidity and temperature throughout their service life.

The compounding facility will produce Durethan- and Pocan-branded high-tech plastics for the automotive sector where lightweight materials are become ever more important in new mobility.