Due to MPM's reorganisation, under Chapter 11, of its US operations, we would like to provide the following information to our silicone customers.
- This reorganisation applies only to Momentive Performance Materials Inc. in the US. MPM in the US has found itself in this situation due to continued weak demand in certain markets and overcapacity in the silicone market.
- As an importer, we have been guaranteed "Business as usual", i.e. production continues as usual and thus also the deliveries of silicone products.
- Chapter 11 is a process that helps the company to continue operating as usual during the reorganisation.
For more information contact Joakim Dock CEO Tribotec AB tel +46-708 887809 alt +46-31-887889 or your daily contact person.
You can also find full details in the links below.
