Waalwijk, The Netherlands, July 17, 2013 -- Domo Chemicals may sell its nylon 6 carpet yarns business unit to the Aquafil Group.
The companies have agreed to start exclusive negotiations on the potential sale of Domo Chemicals’ nylon 6 carpet yarn business, known under the brand “Xentrys.”
Xentrys, located in Leuna, Germany, employs 220 people.
Aquafil said its intention is to focus its future strategy on the fiber business continuing a path of successful growth and globalization.
Domo Chemicals specializes in caprolactam/nylon, with products in the field of nylon intermediates (Phenol, Cyclohexanone, Caprolactam), nylon 6 polymers, polypropylene polymers, engineering plastics and nylon 6 BCF yarn.