Momentive Specialty Chemicals Sign Agreement for Collaborative
Research on Automotive Composites with Western University Center
COLUMBUS, Ohio - (Sept. 3, 2013) – A new collaborative agreement between Momentive Specialty Chemicals Inc. (“Momentive Specialty Chemicals”, “MSC” or the “Company”) and the Fraunhofer Project Center for Composites Research at Western University will bring a total solutions approach to high-volume, lightweight composites for the North American automotive market.
The research collaboration agreement between MSC and the Fraunhofer Project Center combines the state-of-the-art technology and capabilities of both partners. Development will be oriented particularly toward total solutions for the mass production of lightweight composites solutions serving the automotive sector. MSC is a global leading thermoset material supplier and has built a leadership position in automotive lightweight composites. The Company opened the Transportation Research and Application Center in Duisburg, Germany, in 2012 where custom lightweight structural composite solutions for clients in the automotive, aerospace and mass transportation markets are supported with testing and application development.
The Fraunhofer Project Center (FPC) at Western University is a not-for-profit partnership between Western University and the Fraunhofer Society, which is Europe's largest research and development organization for composite materials and their associated manufacturing technologies. The FPC at Western University is positioned to make London, Ontario, the leading site for development of lightweight composites for transportation, building materials and renewable energy sectors, while focusing on applied research in the fields of methods, materials and manufacturing technologies for composites.
“This partnership makes new processes such as HP-RTM or D-SMC lines much more accessible to the North American automotive industry as both the state-of-the-art systems and equipment will be available,” said Rich Myers, chief technology officer, MSC. The Company will also use the Fraunhofer Project Center’s facility and equipment for its own independent research and product development with customers.
For more information regarding the collaborative effort, please contact Francis Defoor at +32 47 555 2834, or at email@example.com.
About the Company
Based in Columbus, Ohio, Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty Chemicals, Inc.) is the global leader in thermoset resins. Momentive Specialty Chemicals Inc. serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Momentive Specialty Chemicals Inc. is an indirect wholly owned subsidiary of Momentive Performance Materials Holdings LLC.
Momentive Performance Materials Holdings LLC (“Momentive”) is the ultimate parent company of Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. Its technology portfolio delivers tailored solutions to meet the diverse needs of its customers around the world. Momentive was formed in October 2010 through the combination of entities that indirectly owned Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. The capital structures and legal entity structures of both Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty Chemicals, Inc.), and their respective subsidiaries and direct parent companies, remain separate. Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. file separate financial and other reports with the Securities and Exchange Commission. Momentive is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Momentive and its products is available at www.momentive.com.
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