It sounds (from what Chas said) like the Pasela tires are being re-made into a higher-performing tire with a finer casing but still with their traditional tread cap(?).

I sort of remember Paselas from 10 years ago having a finer-looking casing fabric than those I have come across in the last couple of years. Some of the recent ones appeared to have a rather coarse weave.

The older Paselas had only a very thin coating of sidewall rubber that would effectively evaporate in short order here in smoggy California. The sidewalls then would be most vulnerable to even the most minor abrasion, leading to the all-too-common "outer-ply failure" and the appearance of a deformed casing local to any abrasion.
It remains to be seen which sizes of Paselas will appear in their new guise first, as changes move from manufacturing through the supply chain.

I'm not a huge fan of Paselas, but their tread pattern is versatile and there are only so many good 27" tires out there, so they remain on my radar.