Momentive Performance Materials Acquires Assets Of Sea Lion Technology in Texas City, Texas
An indirect wholly-owned subsidiary of MPM Holdings Inc., Momentive Performance Materials delivers science-based solutions by linking custom technology platforms to opportunities for customers.
According to Momentive officials, the Texas City facility will continue to manufacture NXT silane as an integrated part of Momentive’s global supply chain, joining Momentive’s 24 other manufacturing facilities located around the world dedicated to supply excellence.
“This acquisition, together with the recently announced investment in a new NXT silane manufacturing facility in Leverkusen, Germany, is part of Momentive’s strategy to continuously improve NXT silane availability and supply reliability for tire manufacturers globally,” officials said.
Providing options for enhanced tire performance and overall system cost efficiencies for tire manufacturers worldwide, NXT silane has a unique design that can enable reduced rolling resistance without loss of wet traction, while promoting increased overall production efficiency for tire manufacturers, officials explained.
“With increasing global demand for low rolling resistance tires, NXT silane products are being sought out for their ability to help improve tire performance while easily integrating with manufacturer’s production methods. Producing NXT silane in the United States, along with plans to bring on new capacity in Europe, will help Momentive ensure we can serve the needs of our customers no matter where their operations are located,” said Rich Owins, Vice President of Momentive Silanes.
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