WATERFORD, N.Y. - Momentive Performance Materials Inc. (“Momentive”), today announced it will invest $13 million for the expansion of its existing Termoli (Italy) plant to create a state-of-the-art manufacturing hub for its Niax™ polyurethane additives. The site, which currently produces high performance additives for rigid foam applications among other silicone-based products, will undergo a comprehensive technology upgrade to expand services to the EU slabstock foam industry.
The modernized facility will supply customers in Europe, Russia and Turkey with full production ramp-up expected by the middle of 2022. This investment is part of Momentive’s broader plans to optimize its global manufacturing footprint, whereby a silicone plant in Antwerp, Belgium, ceased operations earlier this year with long-term manufacturing shifting to the Italy plant.
“This investment expands our commitment to in-region manufacturing and supply, which will help us to serve our customers even better – providing a high level of flexibility and consistent, high quality products,” said Dr. Alberto Melle´, Global Business Segment Leader for Polyurethane Slabstock Additives.
To further underscore its commitment to serving European customers within the region, Momentive recently established a new customer service support center in Milan (Italy). The transition from a third-party supplier to the new center began in October and will be completed by year’s end.
“We continually seek new ways to improve and enhance our production and manufacturing capabilities and capacity to meet the growing needs of our customers. These investments position us for long-term sustainable growth and enable us to remain a valued supplier to those European-based customers who are seeking a trusted source of additives,” adds VP Nalian, President and General Manager for Momentive’s Performance Additives business unit.
LyondellBasell starts commercial production of polymers using raw material derived from plastic waste at Wesseling, Germany
Produced by the thermal conversion of plastic waste, this raw material is converted into ethylene and propylene in the LyondellBasell production facilities, and then processed into polypropylene (P...
Trinseo and ETB to Collaborate on Development of Bio-Based 1,3 Butadiene
Companies to launch feasibility study for new pilot plant in Europe to produce bio-based 1,3-butadiene from ethanol using polyfunctional catalyst technology.
Repsol to join Enerkem and Agbar to build a waste to chemicals plant in Tarragona, Spain
Repsol to join Enerkem and Agbar to build a waste to chemicals plant in Tarragona. Repsol, Enerkem, and Agbar will build the first waste to chemicals plant on the Iberian Peninsula. The plant will ...
Ercros will invest more than 40 million within the framework of the 3D Plan in Tarragona, Spain
Ercros plans to invest 40.4 million euros in its factories in Tarragona, within the framework of the 3D Plan