Global leader in specialty chemicals
Momentive Performance Materials Holdings Inc., the parent company of Momentive Performance Materials Inc., and
Hexion LLC, the parent company of Hexion Specialty Chemicals, Inc., jointly announced on 13.09.2010 an agreement under which their newly-formed holding companies will merge, creating a global leader in specialty chemicals and materials. The boards of both holding companies have unanimously approved the merger, which is subject to customary conditions. Closing is anticipated to occur on 01.10.2010.