Momentive posts improved silicone, quartz earnings in Q2

By Davide Ghilotti
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 added-value products....

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.