Momentive Announces Global Distribution Agreement With Targray International

Targray to Distribute and Co-brand Momentive Products for Solar Applications

ALBANY, N.Y.--(BUSINESS WIRE)--Momentive Performance Materials today announced that it has entered into an agreement with Targray Technology International, naming Targray as a Momentive designated global channel-to-market for solar industry-specific silicone potting, sealing and adhesive products.

“We are excited to expand our business relationship with Targray”

“We are excited to expand our business relationship with Targray,” said D. M. Shin, global marketing director, Engineered Materials, Momentive. “Targray has a high degree of expertise in serving the needs of the solar industry, with a global sales approach and strong technical capabilities. The collaboration between Momentive and Targray will contribute globally to our customers’ productivity while delivering superior service in a fast-growing industry segment.”

“Momentive’s potting, sealing and adhesive solutions provide best-in-class performance in terms of field durability and manufacturing process requirements, and we’re very excited about the tremendous value these products will bring to customers in the critical sealing and potting applications,” stated Dan Murray, Targray Vice-President. “We see great synergy between Targray’s intimate knowledge of the photovoltaic industry and Momentive’s ability to drive new silicone technologies.”

Momentive has been a provider of advanced materials to the solar industry for more than ten years, with numerous products for solar applications. Momentive materials are used in a variety of applications for photovoltaic modules, including thermally conductive adhesives and potting, junction box potting and sealing, and solar panel and frame sealing.

Targray, headquartered in Montreal, Quebec, Canada, offers a high degree of technical expertise focused exclusively on the solar industry, as well as the ability to deliver a wide range of advanced materials for the solar cell and solar module industry, which has a highly diverse global specification and manufacturing base.

About Momentive

Momentive is a global leader in silicones and advanced materials, with a 70-year heritage of being first to market with performance applications for major industries that support and improve everyday life. The company delivers the science behind the solutions, by linking custom technology platforms to opportunities for customers. Momentive Performance Materials Inc. is controlled by an affiliate of Apollo Management, L.P. Additional information is available at www.momentive.com.