Germany-based Polyamide High Performance GmbH (PHP) has acquired the business activities of
Germany-based high-tenacity polyester yarn manufacturer Diolen Industrial Fibers GmbH, which went
into bankruptcy in fall 2008. Terms of the transaction were not disclosed.
Diolen now operates as Polyester High Performance GmbH. Managing directors of the new PHP
subsidiary are Jochen Boos, Dr. Michael Scobel and Albert Franz.
March 24, 2009