Momentive and Jiangxi Hungpai New Material Co., Ltd have announced a strategic joint venture to enhance the manufacturing and sale of silanes in the Asia Pacific market.
Information on the Target
Momentive Performance Materials Group, headquartered in Niskayuna, New York, is a leading global company specializing in high-performance silicones and specialty solutions. With a commitment to innovation, Momentive provides advanced silicone technologies and materials that significantly enhance everyday products across numerous sectors including automotive, aerospace, agriculture, electronics, and consumer goods. This partnership with Jiangxi Hungpai New Material Co., Ltd expands their operational capabilities in the Asia Pacific region.
Jiangxi Hungpai New Material Co., Ltd., established in 2005 in Leping City, Jiangxi province, is recognized as a leading manufacturer of silane coupling agents, fumed silica, and rubber additives. The firm operates on a 2000Mu facility with a workforce exceeding 1,000 employees and boasts an impressive annual production capacity of 80,000MT for silane products, which are extensively utilized in various critical industries including green tires, semiconductors, and coatings.
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Industry Overview in the Target’s Specific Country
The silanes market in Asia, particularly in China, has seen considerable growth owing to increasing demand in high-end applications such as electronics and automotive industries. This growth is propelled by the burgeoning middle clas
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