Momentive Specialty Chemicals Inc. Announces Increased Capacity for Waterborne Epoxy Resin Production in Europe
New Spanish facility will more than triple current production
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 technologies.”
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 2013 European Coatings Show 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.
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