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Momentive invests US$13 million in PU additives production in Italy
Source:Adsale Plastics Network    Editor:JK    Date:26.Nov.2020

Momentive Performance Materials Inc., a global leader in silicones and advanced materials, has announced that it will invest US$13 million for the expansion of its existing Termoli (Italy) plant to create a state-of-the-art manufacturing hub for its Niax polyurethane additives.

 

The site, which currently produces high performance additives for rigid foam applications among other silicone-based products, will undergo a comprehensive technology upgrade to expand services to the EU slabstock foam industry.


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Momentive is one of the global leaders in silicones and advanced materials.


The modernized facility will supply customers in Europe, Russia and Turkey with full production ramp-up expected by the middle of 2022. This investment is part of Momentive’s broader plans to optimize its global manufacturing footprint, whereby a silicone plant in Antwerp, Belgium, ceased operations earlier this year with long-term manufacturing shifting to the Italy plant.

 

“This investment expands our commitment to in-region manufacturing and supply, which will help us to serve our customers even better - providing a high level of flexibility and consistent, high quality products,” said Dr. Alberto Melle´, Global Business Segment Leader for Polyurethane Slabstock Additives.

 

Also, Momentive has recently established a new customer service support center in Milan (Italy). The transition from a third-party supplier to the new center began in October and will be completed by year’s end.

 

“These investments position us for long-term sustainable growth and enable us to remain a valued supplier to those European-based customers who are seeking a trusted source of additives,” added VP Nalian, President and General Manager for Momentive’s Performance Additives business unit.

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