Hongbai New Materials and Momentive sign LOI for silane products JV in China

Hongbai New Materials (605366.SH) signed a letter of intent with Momentive Performance Materials Inc. to form a joint venture in China to produce and sell certain silane products and key intermediates. The JV is valued at approximately RMB 1.137 billion, with Hongbai holding 51% and Momentive 49%.

“双方有意进行一项业务合作，共同生产和销售某些硅烷产品，包括生产和销售该等产品所需的关键中间体和原材料。”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com宏柏新材(605366.SH)与迈图公司签订合作意向书 拟共同生产和销售某些硅烷产品Aug 20, 2024

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