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Momentive acquires silicones business from KCC
By Mary Page Bailey |
January 6, 2021
Momentive Performance Materials Inc. (Waterford, N.Y.) has reached a definitive agreement to acquire KCC Corp.’s Silicones business in Korea and the U.K., as well as its sales operations in China, further enhancing Momentive’s global capabilities in advanced silicones and specialized applications.
The acquisition will move the capabilities of KCC’s Silicones business from KCC Corporation, Momentive’s majority shareholder, to Momentive, consolidating the companies’ combined capabilities and expertise in advanced silicones. Momentive develops advanced silicone and specialty products for customized applications in healthcare, telecommunications, electronics, personal care, construction, transportation, agriculture, energy, and many other industries. ....

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