Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
May/June 2015 May/June 2015

View Issue  |

Subscribe Now  |

Events

3-D Fabrics - 6th World Conference on 3-D Fabrics and Their Applications
05/26/2015 - 05/28/2015

Techtextil North America 2015
06/02/2015 - 06/04/2015

JEC Americas Composites Show & Conferences
06/02/2015 - 06/04/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Fiber World

Nylstar To Acquire AlliedSignal Nylon Yarn

Nylstar Inc., Greensboro, N.C., a joint venture between Rhodia and SNIA, recently issued a letter of intent to acquire AlliedSignals textile nylon yarn production unit in the United States. Nylstar hopes to increase its sector lead in Europe, while bolstering its U.S. presence.The target business for the acquisition is based on AlliedSignal facilities in Columbia, S.C., with a workforce of approximately 200 and annual production capacity of more than 15,000 tons of nylon 6 textile yarn.According to Nylstar, the reshaping of operations at the facility will be based on investment in new production lines that are also suitable for the manufacture of nylon 6.6, with annual revenues of approximately $80 million. The decision to enter the American market directly serves the objective of enlarging the companys market share while enabling a rapid U.S. introduction for more technologically advanced policies oriented towards high-product quality that have proved successful in Europe, the company says.This agreement is another step towards globalizing our products and our ability to operate in a number of differing markets, said Carlo Veronelli, Nylstars general manager. Our key territory is still Europe however; thats where Nylstar has made its major commitment to offering technologically advanced products that meet the needs of customers, designers and the distribution industry alike.


September 1999




Advertisement