Dralon and Kelheim form venture
April 15, 2005,
DORMAGEN , Germany — Dralon GmbH and Kelheim Fibres GmbH have signed a letter of intent to start a joint venture company in the area of spun-dyed (pigmented) and technical acrylic fiber.
Franz Büter, managing director, Dralon GmbH, said: "This JV is our return in the growth market of spun-dyed/pigmented and technical acrylic fibers. Kelheim’s technology and experience, well-trained employees and the constructive management style are strong prerequisites for significant growth in the coming years."