Momentive Specialty Chemicals Inc. Announces Increased Capacity for
Waterborne Epoxy Resin Production in Europe
New Spanish facility will more than triple current production
European Coatings Show 2013
COLUMBUS, Ohio -- March 18, 2013
Momentive Specialty Chemicals Inc. (“MSC” or the “Company”), one of the
world’s leading suppliers of epoxy resins and curing agents, has invested in
new capability for waterborne resin production in Barbastro, Spain.
The new Barbastro site will take advantage of current technologies and will
allow the Company to produce its complete range of standard and modified epoxy
resin emulsions and dispersions. In addition, the site is already producing
MSC’s “in house” surfactants. Combining surfactant production with waterborne
resin dispersion manufacturing at a single site will improve efficiency.
This investment will provide the increased capacity needed to not only support
existing business but also to enable the Company to grow with its coatings,
civil engineering and fiber and textiles customers. Adding capacity also
supports MSC’s strategy to make waterborne paints the industry standard in
protective coatings applications.
“During the last decade, Momentive Specialty Chemicals has continued to focus
on developing new waterborne resin systems that offer our customers lower VOC,
higher flexibility, and extremely fast drying rates,” said Ann Frederix,
Business Director of Epoxy Specialties for Europe, the Middle East and Africa.
“The latest development is focused on waterborne, two component, zinc-rich
resin systems with equivalent or better performance than the old solvent borne
Dan Weinmann, Global Segment Leader for Coatings and Civil Engineering
Markets, added, “We are convinced that this new capacity will benefit our
customers enormously and will help them address some of the sustainability and
VOC-related challenges they will face over the coming years.”
For further information, visit Momentive Specialty Chemicals, Hall 7A – Booth
231 at the European Coatings Show 2013 or see momentive.com/epoxy.
About the Company
Based in Columbus, Ohio, Momentive Specialty Chemicals Inc. (formerly known as
Hexion Specialty Chemicals, Inc.) is the global leader in thermoset resins.
Momentive Specialty Chemicals Inc. serves the global wood and industrial
markets through a broad range of thermoset technologies, specialty products
and technical support for customers in a diverse range of applications and
industries. Momentive Specialty Chemicals Inc. is an indirect wholly owned
subsidiary of Momentive Performance Materials Holdings LLC.
Momentive Performance Materials Holdings LLC (“Momentive”) is the ultimate
parent company of Momentive Performance Materials Inc. and Momentive Specialty
Chemicals Inc. Momentive is a global leader in specialty chemicals and
materials, with a broad range of advanced specialty products that help
industrial and consumer companies support and improve everyday life. Its
technology portfolio delivers tailored solutions to meet the diverse needs of
its customers around the world. Momentive was formed in October 2010 through
the combination of entities that indirectly owned Momentive Performance
Materials Inc. and Hexion Specialty Chemicals, Inc. The capital structures and
legal entity structures of both Momentive Performance Materials Inc. and
Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty
Chemicals, Inc.), and their respective subsidiaries and direct parent
companies, remain separate. Momentive Performance Materials Inc. and Momentive
Specialty Chemicals Inc. file separate financial and other reports with the
Securities and Exchange Commission. Momentive is controlled by investment
funds affiliated with Apollo Global Management, LLC. Additional information
about Momentive and its products is available at www.momentive.com.
Ken Gordon, Public Affairs Manager, +1 614-225-2224
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