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.