Momentive posts improved silicone, quartz earnings in Q2
Published: Tuesday, 09 August 2016
Sales of silicone and quartz improved sequentially but slowed down on a year-on-year basis, as demand in Asia/Pacific decreased.
US silicone and quartz supplier Momentive
Performance Material Holdings Inc. saw its revenue decline 3%
in the second quarter of the year compared with Q2 2015,
although sequentially turnover increased 9%.
Earnings for the company increased substantially on the back
of ongoing costs reduction and changes in portfolio mix towards