CHARLOTTE, NC – Aiming to capitalize on auto makers’ growing need to cut weight and improve fuel efficiency, German specialty chemicals supplier Lanxess is making a big bet in automotive. Last week, it announces the opening of its first U.S. production facility for advanced plastics and also showcases a prototype for a new tire that improves both fuel efficiency and grip. Lanxess is not a household name in the U.S., but its former parent is German chemical and ...

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