Momentive Specialty Chemicals

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Second Quarter Highlights: Net sales of $594 million Net income of $19 million, an increase of $29 million year-over-year Segment EBITDA of $74 million, an increase of 12% year-over-year WATERFORD, N.Y. (August 8, 2017) - MPM Holdings Inc. (“Momentive” or the “Company”) (OTCQX: MPMQ) today announced results for the second quarter ended June 30,...

Innovative New silicone elastomers and silane solutions for the consumer goods, electronics, healthcare, medical and automotive industries will be showcased live. WATERFORD, N.Y. (May 4, 2017) – Momentive Performance Materials Inc. (“Momentive”) will showcase a new self-bonding liquid silicone rubber (LSR) series during Chinaplas 2017 in Guangzhou,...

The processing capabilities and benefits of the Ultra Clear Silopren* LSR 7000 series and other Liquid Silicone Rubbers for optical applications will be showcased live using injection molding. WATERFORD, N.Y. (May 2, 2017) – Momentive Performance Materials Inc. (Momentive) will showcase Silopren* LSR 7180 liquid silicone rubber, a key technology...

Company to invest approximately $3.5 million to test and develop advanced compounds used in tire manufacturing WATERFORD, N.Y. (April 10, 2017) – Momentive Performance Materials (Momentive) recently celebrated the opening of a new 20,000 square foot research and development laboratory in Charlotte, NC. The company is investing approximately $3.5...

WATERFORD, N.Y. (March 31, 2017) – Momentive Performance Materials Inc. (“Momentive”) will present a new non-isocyanate cured silylated polyurethane Y-19243 resin that can help alleviate the need for primers at the European Coatings Show in Nuremberg, Germany, April 4–6. This polyurethane resin is targeted to enable production of single component...

Velvesil* E-Gel PMF emulsion can help formulators deliver a luxurious, soft-skin feel while masking wrinkles and skin imperfections WATERFORD, N.Y. (March 31, 2017) – Momentive Performance Materials Inc. (“Momentive”) will launch Velvesil E-Gel PMF, an innovative silicone-based, cross polymer network emulsion for the cosmetics industry at the...

Fourth Quarter Highlights Net sales of $544 million and net loss of $118 million Segment EBITDA of $65 million, an increase of 59% year-over-year Recently completed the strategic acquisition of Sea Lion Technology, Inc. Fiscal Year 2016 Highlights Net sales of $2.2 billion and net loss of $163 million Segment EBITDA of $238 million, an increase of...

WATERFORD, N.Y. (February 15, 2017) - MPM Holdings Inc. (“Momentive” or the “Company”) (OTCQX: MPMQ) today announced that IUE-CWA-represented members voted this week to ratify a new national contract. Three local unions were involved in the contract negotiations: Local 81359 and Local 81380 in Waterford, and Local 84707 in Willoughby. Contract...

WATERFORD, N.Y. (February 9, 2017) - MPM Holdings Inc. (“Momentive” or the “Company”) today announced that at the conclusion of several constructive meetings over the past few days, Momentive representatives and CWA executive leadership reached a tentative agreement for a new national contract. This tentative agreement is fully endorsed by the...

Company to invest $30 million to increase supply in Europe WATERFORD, N.Y. (January 26, 2017) – City of Leverkusen and Chempark officials joined Momentive Performance Materials Inc. (“Momentive”) today to officially break ground on a new manufacturing facility in Leverkusen, Germany. This new facility is a critical part of Momentive’s global...