Bayer's Dralon business sold to the Fraver group
The manufacture of acrylic fibers is a cyclical commodity business and was not longer among the Bayer Group's core activities. The divestiture once again exemplifies Bayer's strategy of streamlining its portfolio and disposing of activities that do not have optimum development potential under the Bayer umbrella.
In its core business of acrylic yarns, the Fraver Group employs more than 3,000 people worldwide and processes over 60,000 tons of acrylic fibers each year in its 14 plants throughout Europe and the US.
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