ALBANY, N.Y., November 29, 2011 - Momentive Performance Materials Inc. announced today that it will raise prices across its silicones business product lines globally, by amounts that vary by specific product and region, effective January 1, 2012, or as contracts allow.
The price increase is required to address higher material and transportation costs and to help enable the company to continue to deliver specialty material solutions that provide proven value for customers. Momentive is committed to continuing to expand new product development capabilities, strengthening its global manufacturing footprint and improving customer service support.
About Momentive Performance Materials Inc.
Momentive Performance Materials Inc. is a global leader in silicones and advanced materials, with a 70+ year heritage of being first to market with performance applications for major industries that support and improve everyday life. The Company delivers science-based solutions, by linking custom technology platforms to opportunities for customers. Momentive Performance Materials Inc. is an indirect wholly-owned subsidiary of Momentive Performance Materials Holdings LLC. Additional information is available at www.momentive.com.
About the New Momentive
Momentive Performance Materials Holdings LLC is the ultimate parent company of Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (collectively, the "new Momentive"). The new Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. The company uses its technology portfolio to deliver tailored solutions to meet the diverse needs of its customers around the world. The new Momentive was formed in 2010 through the combination of entities that indirectly owned Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. The company is controlled by investment funds affiliated with Apollo Global Management, LLC.
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MR @ 06.12.2011
Update: Es gelten erneut angepasste Preise für Lieferungen ab dem 01.04.2012. Freie Preise je nach Produkt bis zu +5% Prozent. Kontrakte & Rahmen nach Vereinbarung / Laufzeit.
Michael Ruß @ 25.01.2012