IHS Chemical Week

People & Business :: Companies

Momentive reports net losses, sales decreases

10:31 AM MDT | April 1, 2013 | Lindsay Frost

Momentive Performance Materials (MPM; Waterford, NY) and Momentive Specialty Chemicals (Columbus, OH) both announced fourth quarter results—reporting drops in sales and net losses on lower volumes and other factors. Both companies are owned by private equity firm Apollo Management....

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