LANXESS AG in Automotive Plastic Additives

Lanxess AG has five business segments- high-performance materials, advanced intermediates, performance chemicals, arlanxeo, and reconciliation. It offers automotive components under Performance Chemicals and High-performance materials. Among components, it offers automotive compounds, biodiesel, blades, linings, belts, seals, gaskets, tubes and hoses, tires, liners, wipers, dashboard, airbags, and locking system for the automotive industry. In the plastic additives segment, it offers plasticizers, flame retardants, impact stabilizers, and thermal stabilizers. In 2016, the company introduced halogen-free flame retardants for flexible polyurethane and biopolymers. This new additive helped the company strengthen its position among the automotive clientele.