Momentive Performance Materials Inc. (“Momentive”), recently announced it will invest $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. |
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.
In addition to the Termoli (Italy) site, Momentive serves the polyurethane foam industry through its Sistersville, WV (USA), Itatiba (Brazil), Nantong (PRC) and Chennai (India) operations.
More information: www.momentive.com
Momentive Performance Materials Inc., Waterford, New York, USA
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