Momentive Performance Materials

Momentive Performance Materials Inc. celebrated the official opening of its new NXT silane production facility in the Leverkusen Chempark, Germany. The plant doubles capacity for NXT silanes used in tire manufacturing.

MPM Holdings Inc. (Momentive) has entered into a definitive merger agreement to be acquired by an investor group comprising SJL Partners, KCC Corporation, and Wonik QnC Corporation for approximately $3.1 billion, including debt and liabilities.

Momentive Performance Materials expanded its distribution agreement with Safic-Alcan to include Eastern Europe, making Safic-Alcan an authorized distributor of Momentive's specialty fluids and boron nitrides for personal care and industrial applications.

Momentive Performance Materials Inc. has commenced construction on a new NXT silane manufacturing facility in Leverkusen, Germany, with an investment of approximately $30 million. The facility will be the first in Europe to produce NXT silane locally for the automotive industry.

Momentive Performance Materials purchased Sea Lion Technology, a Texas City, Texas, contract manufacturer that has been supplying Momentive with silanes, including its NXT brand silane used in fuel-efficient tires.