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Momentive and Zhejiang Xinan to Expand Siloxanes JV in China
7:51 AM MDT | April 27, 2011 | Deepti Ramesh
Momentive Performance Materials and Zhejiang Xinan Chemical Industrial Group, a provider of agchems and silicone materials, plan to invest a total of $65 million to expand the manufacturing capacity of their joint venture in Jiande, China. The jv plant, which currently has production capacity of about 50,000 m.t./year of siloxane, started its first phase of operations in fourth-quarter of 2010. With the expansion, siloxane production capacity will increase to about 150,000 m.t./year, and the expansion will be completed in 2013. Zhejiang Xinan will invest $33...
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