SPECIALITY chemicals supplier Momentive Performance Materials Holdings’ subsidiaries Momentive Performance Materials and Momentive Specialty Chemicals, which produce silicones amongst the products, will open a new regional business headquarters and R&D centre in Bangalore, India.
The new facility will be located on a 2 acre plot in the second phase of Bangalore’s “Electronic City” and will initially house 125 associates. Research scientists based at the facility will work on new technology platforms and product development for new and existing applications in diverse industry segments including personal care, energy, healthcare, electronics, automotive, and construction. In addition, the centre will serve as Momentive’s regional headquarters and will house its commercial and business support functions.
Completion of the centre, already under construction, is anticipated for the first quarter of 2012.
Momentive currently has its regional headquarters in Bangalore and manufacturing and warehousing operations in Chennai. India represents one of the fastest growing regions for Momentive. (PRA)