Tag: momentive

South Korea’s KCC to fully acquire Momentive

Silicones and specialty solutions company Momentive Performance Materials is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners. “We’re excited by the opportunities KCC’s 100% ownership position will…

Momentive expands in Thailand with new facility

Silicones supplier Momentive Performance Materials has announced its latest growth investment – a new manufacturing facility in Rayong, Thailand. Breaking ground on what will be home to the facility, this new site will expand Momentive’s manufacturing capacity to serve the…

Momentive to go public

Silicones and speciality chemicals producer Momentive Performance Materials is planning to launch an IPO. The company’s sales last year were US$2.6 billion and it had a growth of 24%. Momentive is the former GE Silicones operations. (PRA)