MLM Acquisition LLC is to buy BASF's Basofil heat and flame resistant fibre business for an undisclosed sum it was announced today. The fibre has a number of applications, including industrial protective workwear.

The sale includes the intellectual property, inventories, machinery and equipment related to the Basofil manufacturing operation located at the Enka, NC, site.

Jack Dellinger, general manager of BASF's Enka, NC, and Clemson, SC, sites, said: "As part of our customer-supplier relationship, BASF identified MLM as a partner to assist with expanding the Basofil product line into these segments.

"Sale of the Basofil operation to MLM maintains jobs at the Enka location and provides opportunities for growing the business."