Lanxess sells Perlon-Monofil subsidiary Munich-based Serafin Group

Lanxess sells Perlon-Monofil subsidiary to Serafin

11:53 AM, 20th March 2014
Lanxess business news

COLOGNE, GERMANY: Lanxess AG, specialty chemicals company, has divested its wholly-owned subsidiary Perlon-Monofil to the Munich-based Serafin Group for an undisclosed amount. The transaction closes with immediate effect. Perlon-Monofil GmbH is a global leader for polyamide (PA) and polyester (PET) monofilament products sold under the brand names Perlon, Atlas and Bayco.

“We are delighted that Perlon-Monofil and its dedicated team have found a new home with the Serafin Group. Serafin already has a good standing within the monofilaments industry through its unit Nextrusion and will open up new prospects for the further development of Perlon-Monofil in the future,” said Werner Breuers, Board Member, Lanxess.

 

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


DIC to build liquid inks facility for packaging applications in Turkey

TOKYO, JAPAN: Sun Chemical Corporation, a wholly owned subsidiary of DIC Corporation, will build a new plant for liquid inks for packaging application ...

Read more
Praxair starts air separation units for SAIL in Bhilai, India

DANBURY, US: Praxair Inc announced the start-up of the first of two 1,250 metric tonne per day air separation units at Steel Authority of India’ ...

Read more
Carbon nanotubes replace silicon in photovoltaic solar cells

UMEA, SWEDEN: Carbon nanotubes are becoming increasingly attractive for photovoltaic solar cells as a replacement to silicon. Researchers at Umea Univ ...

Read more
Foster Wheeler, Kentz awarded Shell’s Majnoon Oil Field contract in Iraq

DUBAI, UAE: Foster Wheeler Kentz Energy Services DMCC, the Dubai-based joint venture company of Foster Wheeler and Kentz, has been awarded framework c ...

Read more
PPG invests $27 million in coatings facility in Mexico

SAN JUAN DEL RIO, MEXICO: PPG Industries plans to invest more than $27 million in its San Juan del Rio, Queretaro, Mexico, coatings manufacturing faci ...

Read more
Pakistan Refinery selects UOP’s technology for gasoline production

DES PLAINES, US: Pakistan Refinery Limited (PRL) will use process technology and modular equipment from Honeywell’s UOP to help PRL meet growing ...

Read more