Germany: 30-Million-Dollar-Invest Momentive to Build Silane Production in Germany
American chemical company Momentive Performance Materials invests in Chempark Leverkusen/Germany. The company started to build a new Silane Production which is expected to begin production in late 2017.
Waterford/USA – City of Leverkusen and Chempark officials joined Momentive to officially break ground on a new manufacturing facility in Leverkusen, Germany. This new facility is a critical part of Momentive’s global initiative to expand production capabilities to serve the automotive industry. The Company will invest approximately $30 (€28) million to add dedicated manufacturing capacity for NXT silane products in the European market. This new facility will join Momentive’s existing Leverkusen operations and network of 24 manufacturing sites located around the world.
Silane products play an important role in the demand for innovative solutions to reduce automotive fuel consumption. Low rolling resistance tires can help increase fuel economy while reducing carbon dioxide emissions because they minimize wasted energy used to overcome a conventional tire’s rolling resistance.
Previously only produced in the US and exported it to Europe, this new construction, combined with the recent acquisition of the operating assets of Sea Lion Technology, Inc. to improve availability in the US, will greatly improve silane supply reliability for tire manufacturers globally. The Leverkusen NXT silane manufacturing facility is expected to begin production in late 2017.
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