Momentive opens mfg unit at Chennai
Momentive Performance Materials Inc, the specialty materials company has announced the inauguration of its new manufacturing facility in Chennai, bringing its tally of production facilities to 27 globally. The new state-of-the-art manufacturing facility and application development center spread over 15 acres has been created to address future expansion needs and the company’s long-term plans in India. Equipment for the plant has been procured from various countries around the globe, including India.
“India is one of the world’s most rapidly growing markets for automotive, construction, telecom and energy,” said Dr. Ian Moore, president & CEO EMEA & India, Momentive. “Chennai, in particular, is developing into a significant cluster with regard to the above-mentioned industries. Our presence in India gives us a competitive edge that we intend to utilize in full,” he added.
“The inauguration of this manufacturing facility in Chennai, in conjunction with our monomer and finishing plant in Rayong, Thailand will considerably enhance our capability to develop and manufacture products, create applications and service them in an efficient manner,” said V P Nalian, managing director, Momentive Performance Materials India. “This will help our customers in the automotive, telecom, construction, personal care and textile segments.”
Products to be manufactured in the plant include silicone fluids and silicone elastomers. In addition to the Indian market, the new plant will also serve Momentive’s customers in the SAARC region.