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00:58 AM | January 12, 2021 | Vincent Valk KCC Corporation and Momentive Performance Materials on 6 January announced a deal under which KCC's silicones business will become a part of Momentive in exchange for KCC increasing its stake in the... This information is only available to subscribers Why subscribe? chemweek.com is the one stop platform for chemical news, data and analysis across all industry sectors and geographies.

Share this article Share this article WATERFORD, N.Y., Jan. 6, 2021 /PRNewswire/ -- Momentive Performance Materials, Inc. ("Momentive"), announced today it has reached a definitive agreement to acquire KCC Corporation's ("KCC") Silicones business – in Korea and the UK 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 c...

Momentive Acquires KCC to Enhance Silicone Capabilities January 6, 2021 Contact Author Michele Behrens Close Momentive Performance Materials, Inc. announced the acquisition of KCC Corporation's Silicones business to further its global capabilities in advanced silicones. Sponsored   Momentive Performance Materials, Inc. has announced its acquisition of KCC Corporation's Silicone business, which will further enhance Momentive's capabilities in silicones and specialized applications. The acquisition will move the capabilities of KCC's Silicone business from KCC Corporation to Moment...