KCC Corporation has fully acquired Momentive Performance Materials Group to enhance operational synergy and strengthen its position in the global silicone market.

Information on the Target

Momentive Performance Materials Group is a leading global provider of high-performance silicones and specialty solutions. The company offers cutting-edge technologies aimed at enhancing various products that significantly impact daily life, from household items to aerospace applications. With a diverse product portfolio, Momentive focuses on advanced silicone solutions that drive performance across multiple industries, including agriculture, automotive, electronics, and construction.

As a significant player in the silicone market, Momentive is an indirect wholly-owned subsidiary of MOM Holding Company and ranks among the top producers of silicones and their derivatives worldwide. The company's innovative approach emphasizes sustainability and is geared towards meeting the evolving demands of its customers effectively. More information about Momentive can be found at momentive.com.

Industry Overview in South Korea

The chemical manufacturing industry in South Korea plays a pivotal role in the country's economy, with companies producing a wide range of necessary materials and chemicals. Among the most in