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

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

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

The GarTex Show - The International Machinery Sourcing Exhibition for Garments, Textile and Allied Industry of Bangladesh
06/11/2015 - 06/13/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Propex Finalizes AFFC Purchase

Propex Fabrics Inc., Austell, Ga., a subsidiary of Propex Fabrics Holdings Inc. (formerly AFFC Holdings Inc.), has completed its acquisition of Amoco Fabrics and Fibers (AFFC), a subsidiary of BP, London, for an undisclosed price.

The acquisition was sponsored by an investment group comprised of Laminar Direct Capital LP, Genstar Capital LP and The Sterling Group LP. Propex Fabrics will operate as an independent company, producing primary and secondary carpet backing; and man-made fabrics used in bedding, furniture, automotive, geotextile and other industrial fabric applications.

AFFC management will play a significant role in the ownership of Propex.

January 2005




Advertisement