Momentive eröffnet neue Produktionsanlage für NXT*-Silane

Momentive Performance Materials Inc. (“Momentive”) hat heute die offizielle Eröffnung einer neuen Produktionsanlage für die Herstellung von NXT Silanen im Leverkusener Chemiepark gefeiert. Gemeinsam mit Vertretern der Stadt Leverkusen (Bürgermeister Bernhard Marewski) und der Betreibergesellschaft des Chemparks (Chempark-Leiter Lars Friedrich) wurde die Anlage durch den CEO von Momentive symbolisch eingeweiht – mit dem Zerschneiden eines roten Bandes. Die in der neuen, hochmodernen Produktionsanlage hergestellten NXT Silane werden an Kunden in der Automobil- und Reifenindustrie geliefert, um Reifen mit geringerem Rollwiderstand sowie verbesserter Nasstraktion und Gesamtleistung zu produzieren.
“Wir freuen uns sehr, dass wir heute unsere NXT-Anlage in Europa offiziell eröffnen konnten,” sagte Jack Boss, Präsident und CEO. “Das neue Werk verdoppelt unsere Kapazitäten in unserer am schnellsten wachsenden Produktlinie und ermöglicht modernste Fertigung auf zwei Kontinenten. Somit stärken wir unsere führende Position bei den Anwendungen für die Reifenindustrie und sind gleichzeitig in der Lage, neue Produktangebote zu entwickeln. Neben den Vorteilen, die diese neue Anlage für unsere Kunden bringt, bin ich sehr stolz auf das Team, das die Entwicklung und den Bau dieser neuen Anlage geleitet hat. Unsere Mitarbeiter haben außerordentliches Engagement gezeigt, um diese Anlage in Betrieb zu nehmen.“

„Leverkusen ist ein idealer Standort für unsere neue Produktionsanlage. Von hier aus sind wir in der Lage, unsere Kunden aus der Automobil- und Reifenindustrie in ganz Europa zu beliefern. Gleichzeitig stellen wir die Versorgung unserer Kunden mit wichtigen Additiven auf globaler Ebene sicher“, sagte Rich Owins, Vice President Silanes. „Die Entscheidung, NXT Silane auch in Europa zu produzieren, ist ein weiterer Beleg für unser Engagement in diesem Marktsegment. Zusammen mit dem Erwerb einer NXT-Anlage in Texas City, Texas, und unserem neuen Forschungs- und Entwicklungslabor für Reifen in Charlotte, North Carolina, unterstreicht dieses neue Werk ebenfalls unser Engagement, unsere Reifenkunden mit neuen Innovationen zu versorgen.“

Erster Spatenstisch war am 25.01.2017

Über NXT Silane
NXT-Silane von Momentive spielen eine wichtige Rolle in der Reifenherstellung. NXT Silane werden von Reifenherstellern eingesetzt, um die Herstellungsprozesse zu optimieren, indem geringere Ausschussraten und eine verbesserte Verarbeitung ermöglicht werden. Dies wiederum kann die Produktion beschleunigen und zu niedrigeren Kosten führen. NXT Silane können auch dazu beitragen, fortschrittliche Reifenleistungen zu erbringen, wie z. B. reduzierten Rollwiderstand, um den Kraftstoffverbrauch zu senken, sowie eine verbesserte Nasstraktion. Weitere Informationen zu NXT Silanen finden Sie auf unserer Website: https://www.momentive.com/en-US/categories/coupling/nxt-silane/

Über das Unternehmen
Momentive Performance Materials Inc. ist ein weltweit führender Hersteller von Silikonen und fortschrittlichen Werkstoffen und verfügt über 75 Jahre Erfahrung mit der Markteinführung von Hochleistungsanwendungen, die unseren Alltag erleichtern und verbessern. Das Unternehmen liefert Lösungen auf wissenschaftlicher Basis, indem es speziell angepasste Technologieplattformen mit den Bedürfnissen der Verbraucher verknüpft. Momentive Performance Materials GmbH ist eine indirekte, hundertprozentige Tochtergesellschaft der Momentive Performance Materials Inc.

Am 13. September gab Momentive die Übernahme durch ein südkoreanisches Investoren-Konsortium aus SJL, KCC und Wonik bekannt:

"MPM Holdings Inc. Enters into Agreement to be Acquired by Investor Group Consisting of SJL Partners, KCC Corporation and Wonik QnC Corporation

Transaction Valued at Approximately $3.1 Billion
MPM Holdings Inc. (“Momentive” or the “Company”) (OTCQX:MPMQ), a global silicones and advanced materials company, and SJL Partners LLC (“SJL”), KCC Corporation (KS:002380) (“KCC”) and Wonik QnC Corporation (KOSDAQ:074600) (“Wonik”) (collectively, the “Investor Group”), today announced that they have entered into a definitive merger agreement whereby the Investor Group will acquire Momentive in a transaction valued at approximately $3.1 billion, including the assumption of net debt, pension and OPEB liabilities.

Based in Waterford, New York, Momentive develops and manufactures specialty silicones and silanes, as well as fused quartz and specialty ceramics products. Momentive has a more than 75-year track record of creating products and solutions to serve more than 4,000 customers in over 100 countries. The Company has a global network of 24 production sites and 12 research and development facilities.

“Today’s announcement is the result of a thoughtful and comprehensive review of the strategic growth and value creation opportunities available to the Company,” said Jack Boss, Chief Executive Officer and President at Momentive. “We believe this is a great outcome for all of our stakeholders, delivering maximum value to our stockholders while positioning the Company for long-term growth and future job creation that will benefit our talented employees across the globe, customers and suppliers. The transaction will not only allow our silicones and quartz businesses to benefit from KCC and Wonik’s industry expertise but will also further enhance Momentive’s global leadership position by expanding our portfolio of products, broadening our geographic reach and strengthening our financial position. We look forward to partnering with the exceptional teams at KCC, Wonik and SJL after the transaction closes to continue providing specialized products and services to our global customers.”

Steve Lim, Chairman and Managing Partner of SJL, representing the Investor Group said, “On behalf of KCC, Wonik and SJL, we are eager to begin this partnership with Jack and the Momentive team. As a result of this highly strategic transaction the combined company will have superior capabilities to better compete in today’s global market. The combination of Momentive’s leading product portfolios, KCC and Wonik’s reach into an expanded geographical market and SJL’s solid investment backing and private equity expertise will further position the Company for long-term success.”

Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of Momentive, KCC and Wonik, the investment committee of SJL and by requisite vote of Momentive’s stockholders, the Investor Group will assume Momentive’s net debt obligations subject to minimum closing cash requirements of $250 million. Momentive stockholders will receive $32.50 for each share of common stock they own subject to minimum closing cash requirements.

The transaction will be financed through a combination of cash and new debt that will be put in place at closing. The transaction is not subject to any financing contingency and is expected to close in the first half of 2019, subject to regulatory approvals and other customary closing conditions.

Goldman Sachs & Co LLC and Moelis & Company LLC are serving as financial advisors to Momentive. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as primary legal counsel to Momentive. UBS Investment Bank is serving as financial advisor to the Investor Group, and Greenberg Traurig, LLP is serving as legal counsel.

About Momentive
Momentive is a global leader in silicones and advanced materials, with a more than 75-year heritage of being first to market with performance applications that support and improve everyday life. Momentive delivers science-based solutions for major industries, by linking its custom technology platforms to allow the creation of unique solutions for customers. Additional information is available at www.momentive.com.

About KCC Corporation
Based in Seoul, South Korea, KCC Corporation is a leading chemicals manufacturer in Korea, specializing in paints, building materials and specialty materials. It also engages in the silicones business for developing products in the fields of specialized paints and precision chemical engineering. KCC Corporation was founded in 1958 and is headquartered in Seoul, South Korea. Additional information is available at www.kccworld.co.kr/eng/main.do.

About Wonik QnC Corporation
Wonik QnC Corporation manufactures and sells quartz and ceramic wares used in the production of semiconductor wafers. The company’s Quartz division provides quartz wares used in the production of semiconductor IC’s, as well as products used in the production of semiconductors, LCDs, LEDs, and solar cells. Its Ceramic division offers ceramics materials, including aluminum nitride, silicon carbide, and boron nitride composite. Wonik QnC Corporation was founded in 1983 and is headquartered in Gumi, South Korea. Additional information is available at www.wonikqnc.com/eng/.

About SJL Partners
SJL is a private equity investment manager focused on partnership investments with market-leading strategic companies to support their organic and inorganic growth, including bolt-on acquisitions. SJL’s portfolio includes investment into Celltrion Holdings, Korea’s leading biosimilar drug manufacturer, and Vigevano, one of the earliest distributors of leading fashion brands and leather goods in Korea. Additional information is available at www.sjlpartners.com."