A New Home for Consumer Sealants

 

INSIGHTS

Momentive Performance Materials Inc. has finalized the previously announced sale of its Consumer Sealants Business to Henkel Corporation.

These products are sold under license from General Electric Company and available through home-improvement centers, major retailers and hardware stores. This transaction does not include the GE-branded construction sealants product line, which will remain a Momentive focus.

“Today’s milestone is another step toward building Momentive’s future and will allow us to better focus on Silicone and Specialties products for growing markets and advanced customer applications,” said Momentive President and CEO Sam Conzone, Ph.D. “We look forward to working with Henkel on the transitional supply agreement as we simultaneously shift our focus and investments toward specialty businesses where we have unique capabilities to win.”

Supporting Our Colleagues

Momentive will continue production of the consumer sealants line through 2021 under supply agreements with Henkel. We will continue to support our colleagues through this transition, with appreciation and respect.

The anticipated sale remains subject to regulatory approvals and is expected to close within the next few months. We will continue to keep everyone apprised as key milestones are reached.

GE-Brand Construction Sealants

Momentive offers a complete line of GE-branded silicones for roof coating, air and water barriers, architectural coatings, weather-sealing, structural glazing, insulating glass glazing, specialty and other construction applications.

Momentive will continue to manufacture and sell GE-branded Construction Sealants, although the company is evaluating improved tinting, packaging, warehousing and logistics options to better serve its construction customers around the world. These options could include third-party solutions that would offer new and expanded operations complementary to Momentive’s current capabilities.

 

Henkel

More information about Henkel is available at www.henkel-northamerica.com.

RESOURCES

Tremendous Legacy, Great Opportunities 

Momentive has a tremendous legacy in the Consumer Sealants space, and we are proud of it. The sale of this business to Henkel allows Momentive to fully focus its attention and resources on innovating and growing with advanced products that will enable our customers to succeed.

Transitioning for Success

Momentive has a long and proud history with GE-branded consumer sealants, and Michael Foley, President and General Manager of Core Silicones and Intermediates, shares his thoughts on these transitions. “We’ve got a great growth pipeline. We’ve got a great suite of products. We’ve got a talented and smart team across the globe, and it really is about focusing and making decisions to be in the spaces where we have the best opportunity to win.”

ANSWERS

Featured Question

“Will Momentive immediately stop production of its consumer products line?”

No. Under our agreement with Henkel, Momentive will continue to produce GE-branded consumer products through 2021.

Will GE-branded construction sealant products be available in the future?

Yes. Momentive will continue to manufacture and sell GE-branded Construction Sealants. More information is available at www.siliconeforbuilding.com.

“Does this sale affect construction products?”

No. Momentive will continue to manufacture and sell GE-branded Construction Sealants. 

“Will Momentive immediately stop production of its consumer products line?”

No. Under our agreement with Henkel, Momentive will continue to produce GE-branded consumer products through 2021.

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