BASF quits fibers market. (Swatches).(Brief Article)
Home Textiles Today, January, 2003
LUDWIGSHAFEN, GERMANY -- Mammoth German chemical company BASF, a big worldwide supplier of nylon, is exiting the fibers market. Honeywell International, based in Morris Township, N.J., will acquire BASF's nylon fibers business, which includes the solution-dyed Zeftron 200 nylon used for upholstery fabrics, as well as fibers for carpets, apparel and automotive applications.
BASF's nylon fibers business had sales of about $350 million in 2001.
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