Former GE Unit Seeks Emerging Technology Markets

(December 6, 2006) WILTON, CT &#151 Momentive Performance Materials, Inc., created by the sale of GE’s Advanced Materials business, will operate as a global entity focused on silicone, quartz, and ceramic technology. The acquisition is valued at $3.8B. “We will continue to be focused on the same markets in which we operate today, and we are excited about the prospects of emerging markets of India, China, Latin America, and Eastern Europe,” said Diana Sousa, representative for Momentive.

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