Brief History

Year Milestone
1899 Foundation: Vereinigte Glanzstoff Fabriken AG (Aachen) Production of technical viscose yarns
1901 Company moves to Wuppertal-Elberfeld
1950 Production start of synthetic industrial fibers in Germany
1982 Pioneer in development and production of airbags for Mercedes-Benz
1990 Company launches airbag volume business with the first special yarn type for airbags
1998 The company becomes part of the Industrial Fibers Business Unit of Acordis (NL) and changed the name to Acordis AG
1998 Formation of the business unit Industrial Fibers including polyamide (later PHP GmbH), polyester and viscose yarns
2003 Acordis polyester and polyamide business become separate legal entities (Diolen and PHP GmbH)
2004 First Asia office in Shanghai
2006 Joint Venture agreements with ShenMa Industrial Co., China
Foundation of ShenMa-PHP Air Bag Yarn Manufacturing Co., Ltd. in Pingdingshan
2007 Start of first airbag production in Pingdingshan
2009 PHP GmbH takes over assets from Diolen Industrial Fibers GmbH and continues business under the company name Polyester High Performance GmbH
2012 Merger of Polyamide High Performance Gmbh and Polyester Higher Performance GmbH under the new name PHP Fibers GmbH
2014 Indorama Ventures (IVL), Thailand, finally acquires PHP Fibers