Issue Date: April 30, 2007
Momentive plans siloxanes in china
A subsidiary of Momentive Performance Materials plans to build a siloxane plant in Jiande, Zhejiang province, China, in a joint venture with China's Zhejiang Xinan Chemical Industrial Group. Momentive, the former GE Advanced Materials, will own 49% of the venture; registered capital will be $40 million. Annual capacity is expected to be 50,000 metric tons of siloxane and about 100,000 metric tons of silane products. A joint venture of Dow Corning and Wacker Chemie is also building a siloxanes plant in China.
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