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Momentive Performance Materials Expands Global Capacity For Polyurethane Additives to Meet Growing Demand
Strategic Investments in China, India, Brazil and Belgium Will Help Drive Growth
ALBANY, N.Y., May 30, 2012 — Momentive Performance Materials Inc., a leading global provider of silicones and advanced materials, continues to leverage its recent capacity expansions in urethane additives to meet growing demand. Momentive has focused on making strategic investments in its manufacturing operations in China, India, Brazil and Belgium to better serve its customers outside North America. Urethane additives, such as surfactants, catalysts and process modifiers, are critical components in polyurethane foam production.
“Our global infrastructure for polyurethane additives has never been stronger,” said Tony Lanchak, Global Business Director – UA, Momentive Performance Materials. “We are well positioned to take on growing demand around the world, as an industry leader in the markets we serve. With R&D and manufacturing capabilities in key regions and critical improvements in processes to make effective use of this new global capacity, we will continue to do what we do best - expanding our product offering and working closely with customers to address their specialized needs.”
In addition to upgrading a state-of-the-art sales, inventory, operations and planning system, Momentive has made several strategic investments focused on broadening global capacity in its urethane additives business. These include, by country:
Over the past 50 years, Momentive’s urethane additives business has introduced a steady stream of new products that have helped revolutionize polyurethane foam production. These market firsts include the development of the first non-hydrolyzable silicone surfactant, the first flame retardant (FR) surfactant and the first high resilience silicone surfactant. Momentive’s Niax* brand is one of the most enduring and respected brands in the global polyurethane industry.
For more information about Momentive’s solutions for the global polyurethane foam industry, please call 800.295.2392 in North America (+1 614 986 2495 everywhere else), email 4information@momentive.com 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 Momentive
Hexion Holdings LLC is the ultimate parent company of Momentive Performance Materials Inc. and Hexion Inc. (collectively, “Momentive”). 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. 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 Hexion Inc. (formerly known as Hexion Specialty Chemicals, Inc.), and their respective subsidiaries and direct parent companies, remain separate. Momentive Performance Materials Inc. and Hexion 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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*Niax is a trademark of Momentive Performance Materials Inc.
Media Contact
Nancy Pitts
+001-203-801-0836
Nancy.Pitts@momentive.com
Ed Farris
+001-518-533-4735
Ed.Farris@momentive.com
* As marcas seguidas de um asterisco (*) são marcas registradas da Momentive Performance Materials Inc.