Momentive

The Momentive Performance Materials Inc. is a US-based chemical company. It was created in December 2006 through the sale of GE Advanced Materials and its Joint Ventures GE Bayer Silicones and GE Toshiba Silicones to Apollo Management.

The company is at 2010. According to Dow Corning and Wacker Chemie in front of the world's second largest producer of silicones and silicone derivatives and a global leader manufacturer and developer of quartz and advanced ceramics

The headquarters is located in Albany in the State of New York. President and Chief Executive Officer Jonathan Rich. The company has approximately 5,000 employees and reported 2009 global revenues of 2.08 billion U.S. dollars and a net loss of -40 million U.S. dollars.

With September 13 2010 Announces Apollo Management to merge Hexion Specialty Chemicals and Momentive. Apollo, owner of both companies, this brings together under a single holding company. Both companies remain legally independent, but try to leverage synergies through cooperation in the overhead area.

As part of the PIP scandal over breast implants with non- medical applications for the intended silicone was announced that the company Momentive Performance Materials, the material in question " Baysilone " manufactures, which was then sold by Brenntag to the French company Poly Implant Prosthesis ( PIP). The silicone is used among other things as a sealant in the construction industry.