ARNHEM, Netherlands (July 31)—Acordis Industrial Fibers B.V. is restructuring its polyester and aramid fiber activities into separate business units, effective Aug. 1. The polyester business will operate as Diolen Industrial Fibers, which will comprise four legal entities: Diolen Industrial Fibers B.V., Diolen Industrial Fibers GmbH, Diolen Industrial Fibers Inc. and COBAFI—Companhia Bahiana de Fibras S.A. The polyamide activities will operate under the Polyamide High Performance name and consist of Polyamide High Performance GmbH and Polyamide High Performance Inc., Acordis said. With production facilities in Europe, the U.S. and Brazil, Diolen Industrial Fibers is a global supplier of high-tenacity polyester yarns for technical applications and tire reinforcement, the Dutch group said. Polyamide High Performance, headquartered in Germany, manufactures high-tenacity polyamide yarns and polymers for air bag and other technical applications and for tire reinforcement, Acordis said.
Acordis to make polyester, aramid fiber businesses separate units
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