Articles

Momentive Performance Materials Expands Operations in Korea

Will Enhance Ability to Help Customers Develop Product Innovations in Key Markets

ALBANY, N.Y., October 26, 2011 — Momentive Performance Materials Inc, a leading global provider of silicones and advanced materials, has expanded its marketing and technology operations in the Seoul Gasan Digital Complex with a new application development center to meet growing demand for specialty silicone products in Korea. The new center will provide customers with enhanced product development services as well as increased technical support for product performance testing and quality assurance
with a strong focus on electronics and automotive applications.

“We are committed to serving growing customer needs for specialty silicones solutions through this investment,” said John Dandolph, Senior Vice President, Managing Director of Silicones & Quartz Division, Momentive, Asia Pacific. “Korea is one of our key priorities in the Pacific region as a market leader in a wide range of industries. We will bring the latest technology to this market and focus our efforts on supporting our customers’ growth.”

Koo Bon-Kwang, Korea Country Manager, commented, “We expect that this exciting investment will enhance our ability to collaborate with customers in the development of innovative applications for the electronics, automotive and other sectors.”

The new facility features state-of-the-art equipment for workability measurement, mechanical testing, viscoelastic performance, thermal aging testing, temperature/humidity stress testing, optical performance measurement and defect analysis. It will serve a broad range of industries in the region including consumer electronics, personal care, coatings and urethanes.

For more information about Momentive Performance Materials solutions in Asia, please call 800.295.2392 in North America (+607.786.8131 everywhere else) or visit www.momentive.com.

About Momentive Performance Materials Inc.

Momentive Performance Materials Inc. is a global leader in silicones and advanced materials, with a 70+ year heritage of being first to market with performance applications for major industries that support and improve everyday life. The company delivers science-based solutions, by linking custom technology platforms to opportunities for customers. Momentive Performance Materials Inc. is an indirect wholly-owned subsidiary of Hexion Holdings LLC. Additional information is available at www.momentive.com.

About the New Momentive

Hexion Holdings LLC is the ultimate parent company of Momentive Performance Materials Inc. and Hexion Inc. (collectively, the “new Momentive”). The new 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. The company uses its technology portfolio to deliver tailored solutions to meet the diverse needs of its customers around the world. The new Momentive was formed in 2010 through the combination of entities that indirectly owned Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. The company is controlled by investment funds affiliated with Apollo Global Management, LLC.

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Media Contact-Americas

Nancy Pitts

Nancy.Pitts@momentive.com

+001-203-801-0836

Media Contact-Asia/Pacific

Joyce Sun

Joyce.Sun@momentive.com

+86-21-3860 4706