| FACT SHEET
Momentive Performance Materials
Business Overview
Momentive Performance Materials was created from the sale of GE Advanced Materials to Apollo Management, L.P. in December 2006. We are the world's second-largest producer of silicones and silicone derivatives and a global leader in the development and manufacture of products derived from quartz and advanced ceramics. Silicones are a multi-functional family of materials used in thousands of products and serve as a critical ingredient in many construction, transportation, personal care, electronic, consumer and agricultural uses. Silicones are generally used as an additive to a wide variety of end-use products in order to provide or enhance certain of their attributes, such as resistance (heat, ultraviolet light and chemical), lubrication, adhesion or viscosity. Some of the most well-known end-use product applications include bath and shower caulk, pressure sensitive adhesive labels, foam products, cosmetics and tires. Our Quartz division manufactures quartz, advanced ceramics and crystal products for use in a number of high-technology industries, which typically require products made to precise specifications.
These materials solutions are used as springboards for innovation in hundreds of consumer and industrial applications ranging from car engines to biomedical devices to integrated circuits. Industries served include aerospace, agriculture, appliances, automotive, construction, electronics, furniture and furnishings, healthcare, home care, industrial, lighting, packaging, personal care, plastics, semiconductor, telecommunications, tire, transportation, and water purification.
World Headquarters: Wilton, Connecticut
President & CEO: Jonathan Rich
Number of Employees: Approximately 5,000
Revenue in 2007: $2.5 Billion
Rev. 0408 |