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Lanxess sells Perlon-Monofil subsidiary to Serafin Group

12:53 AM MDT | March 20, 2014 | Deepti Ramesh

Lanxess says it has divested its wholly-owned subsidiary Perlon-Monofil (Dormagen, Germany) to the Serafin Group (Munich) for an undisclosed amount. The transaction closes with immediate effect, Lanxess says. Perlon-Monofil manufactures a range of nylon and polyester monofilament products sold under the brand names Perlon, Atlas and Bayco. The plastic wires are used for the production of durable technical fabrics, cords and ropes; typical applications include rope manufacture, sports fishing, the paper and sports goods industries, and fences, bracings and guy...

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