Specialty chemicals company LANXESS is aiming to further strengthen its market position in technologies relating to new mobility. In the future, all activities in this area will be managed by a Group initiative for e-mobility. The new strategy unit will be headed by Philipp Junge (44), currently head of the Rhein Chemie business unit, as of August 1, 2020.
“Modern mobility is one of the most dynamic growth sectors worldwide. LANXESS has a lot to offer here, from our high-tech plastics for electric vehicles to specialty chemicals for batteries. We want to expand this offering significantly, coordinate it more precisely and position it even stronger in the market,” explained Anno Borkowsky, member of the LANXESS Board of Management.
The Group’s high-performance plastics are used in electric vehicles, for example for lightweight car bodies or battery housings. They also have great potential in the infrastructure for e-mobility, such as charging stations, and in sensors, displays and control units for autonomous driving.
In addition, LANXESS is a leading manufacturer of numerous specialty chemicals that modern battery systems cannot do without, such as phosphorus chemicals, hydrofluoric acid and flame retardants. Furthermore, the Group is working on the commercial production of lithium, the key component of lithium-ion batteries. At its site in El Dorado, United States, LANXESS recently commissioned a pilot plant together with its partner Standard Lithium. The companies aim to use the plant to extract battery grade lithium from brine produced during the bromine production process at LANXESS.