Momentive Performance Materials Inc. Moves Polyurethane Additives Headquarters To China, Increases Global Manufacturing Capacity
From China to Germany to Brazil, MPM makes investments in manufacturing, technology and personnel to meet increasing demand
WATERFORD, N.Y. (August 26, 2013) -- Momentive Performance Materials Inc. (“MPM” or the “Company”) announces today investments it has made to support its polyurethane additives product line. With increasing demand in the wide variety of industries it serves, the Company has added manufacturing capacity, technology resources and personnel to several sites across the globe.
“Investments continue to be made in almost every part of the world, allowing the company to have an integrated global network to aid in capacity, speed and service, as well as build close relationships with local customers to serve their specific needs,” said Tony Lanchak, Vice President of the Urethane Additives (UA) division at MPM.
Fully committed to its legacy 50-year Niax* line of products, MPM moved its polyurethane additives headquarters to Pudong Shanghai. The new headquarters location in Pudong Shanghai is an integrated site that includes the business unit’s sales, marketing, and technology for China. Other similar sites are located around the world and collectively form the UA global business unit, which continues to stretch the bounds of innovation, leading the way in polyurethane foam additive technological advances.
Further, the company continues to increase manufacturing capacity and expand the types of urethane additives manufactured at Nantong, all of which facilitates greater speed and supply to customers, specifically those in the Pacific and Europe.
The company has also expanded the manufacturing facility in Leverkusen, Germany. The expansion is an investment for the polyurethane additives product line as it increases manufacturing capacity and improves capabilities of both intermediates and finished goods. This investment is yet another step in shortening lead times and reducing the expense of shipping products across continents.
Early in 2013, the company opened a new application development center (ADC) in Termoli, which can provide slab and slab additives solutions to customers’ advanced technical issues that meet the needs of today’s end users. ADCs are critical to the innovation pipeline, as they allow MPM to continually transform scientific vision and advanced materials into competitive advantage and commercial success for its customers both locally and globally.
The company has expanded its breadth of products in Chennai, India, mainly focusing on slab and rigid foam production, again adding expanding capabilities to another corner of the world and the global network.
In Itatiba, Brazil, the company has added manufacturing capabilities that can specifically support the automotive industry, a critical need due to continued growth of this industry in Brazil and other emerging markets. With the ability to manufacture a wider array of products and a deeper mix of intermediates, the expansion at Itatiba allows for more local manufacturing, as well as a shorter supply chain and improved service levels globally.
The company will showcase new innovations to its polyurethane additives portfolio September 10-12 at PU China 2013 in Nanjing. For additional information on the company’s products and services, please visit Momentive.com.
About the Company
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 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.
Strategic Marketing Communications Manager
Momentive Performance Materials Inc.
Vice President, Investor Relations & Public Affairs
Momentive Specialty Chemicals Inc.
*Niax is a trademark of Momentive Performance Materials Inc.