US Momentive moves PU additives headquarters to Shanghai

26 August 2013 16:28  [Source: ICIS news]

HOUSTON (ICIS)--Momentive Performance Materials has moved its polyurethane (PU) additives headquarters to Shanghai’s Pudong district in China, the US-based producer announced on Monday.

The move of the PU additives headquarters from Tarrytown, New York, comes as part of Momentive’s strategy to position itself globally for manufacturing growth, the company said in a news release.

“Investments continue to be made in almost every part of the world, allowing the company to have an integrated global network to aid in capacity, speed and service, as well as build close relationships with local customers to serve their specific needs,” said Tony Lanchak, vice president of the urethane additives division at Momentive.

Momentive said it has added manufacturing capabilities in China, Germany, India and Brazil this year. Capacity details and investment numbers were not disclosed.

By: Jeremy Pafford
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