LP Beteiligungs & Management GmbH manufactures polyolefin and fluoropolymer products. The company operates through four divisions: Thermoplastic, Polytetrafluoroethylene, Filaments, and Acrylic Fibers and Carbon Precursor. The Thermoplastic division offers films, fabrics, tapes, and multi-layer foil laminates for applications, such as jacketing and cladding, artificial turf, cable industry, packaging, fiber bale packaging, barrier laminates, special fabrics, roof underlining, insulation facings, and automotives. The Polytetrafluoroethylene division provides yarns, fibers, and films for technical applications, including cable industry, compression packings, special applications, filtration, architectural textiles, sewing thread, and fishing lines; and medical and textile applications, such as functional textiles, yarns for implants, surgical sutures, medical fibers, and dental floss. The Filaments division offers products in the fields of dental care, monofilaments, and bristles and abrasives. The Acrylic Fibers and Carbon Precursor division offers special polyacrylonitrile fibers and acrylic fibers for outdoor applications, including sun shades, awnings, cover fabrics for outdoor furniture, and tops for convertibles and boats; and temperature friction applications in the industry, filtration and fiber-reinforced composite for the construction industry, the precursor to the production of carbon fibers, and in the reinforcement of thermoplastics. The company was founded in 2000 and is based in Lenzing, Austria with additional offices and locations in Kelheim, Germany; Paris, France; and Wuxi, China.