No Byron, its not something I've come across here, at least not by that name.
Niche Siliconised Polypropylene Yarn is great stuff. Expensive, but does the job. They do a fine version as well. Mostly I use Antron Body Wool, its a fraction of the price. Also available in far more colours. If you have problems seeing a small parachute dry at a distance try using peach coloured yarn, it stands out very well.
"Political correctness is a doctrine, fostered by a delusional, illogical
minority, and rabidly promoted by an unscrupulous mainstream media, which
holds forth the proposition that it is entirely possible to pick up a ****
by the clean end"