Momentive

KCC Corporation Enters into Agreement to Fully Acquire Momentive Performance Materials Group

Retrieved on: 
Thursday, March 28, 2024
Partnership, KCC, Sustainability, Silicone, SJL, Momentive, KCC Corporation

NISKAYUNA, N.Y. and SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Momentive Performance Materials group (Momentive), a global high-performance silicones and specialty solutions company, is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners LLC ("SJL").

Key Points: 
  • NISKAYUNA, N.Y. and SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Momentive Performance Materials group (Momentive), a global high-performance silicones and specialty solutions company, is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners LLC ("SJL").
  • "We're excited by the opportunities KCC's 100% ownership position will bring to Momentive and the broader KCC Corporation," said Momentive President and CEO Sam Conzone, Ph.D. "We look forward to continuing and expanding our partnership with the exceptional teams at KCC to continue providing specialized products to enable Solutions for a Sustainable World™."
  • "Momentive has a 75-year track record of developing and manufacturing silicones and specialty solutions," said Mong Jin Chung, Chairman, of KCC Group and Momentive.
  • "We deeply believe in the company's growth opportunity as it continues to help businesses across the world delight their customers with innovative solutions."

Labelmaster Adds Packaging Expert John Glaser to Lead Hazmat Packaging Business

Retrieved on: 
Tuesday, January 9, 2024
Chemicals, Plastics, Retail, Automotive Manufacturing, Manufacturing, Sustainability, Supply Chain Management, Other Transport, Environment, Other Retail, Air, Transport, Specialty, Other Manufacturing, Logistics, Packaging, DG, CPP, Thermo Fisher Scientific, UN, Bangladesh Technical Education Board, Momentive, Organization

Glaser will lead the company’s efforts to develop and offer innovative packaging solutions designed to help organizations ship DG safely, compliantly and sustainably.

Key Points: 
  • Glaser will lead the company’s efforts to develop and offer innovative packaging solutions designed to help organizations ship DG safely, compliantly and sustainably.
  • In his role, Glaser will drive the development of next-generation packaging and establish partnerships with leading packaging providers to enable Labelmaster to offer the industry the widest range of DG packaging.
  • Glaser also served as manager of packaging engineering at Thermo Fisher Scientific, where he managed the company’s Global Chemical Packaging Engineering team.
  • Glaser said, “Supply chains continue to evolve, new products are introduced and regulations change, but the hazmat packaging industry has remained stagnant.

Enpro Inc. to Appoint Joseph F. Bruderek Jr. as Chief Financial Officer

Retrieved on: 
Monday, January 8, 2024
Biotechnology, Aerospace, Technology, Manufacturing, Health, Semiconductor, Health Technology, Apps, Applications, Engineering, Hardware, Food Tech, NPO, Commodity, General Electric, Retirement, Strategic management, Momentive, Vision 2025, Growth, Silicone, Corporate development, History, Inc., Management

Enpro Inc. (NYSE: NPO), an industrial technology company, today announced that Joe Bruderek has joined the company as Executive Vice President, Finance, and Enpro’s board has appointed Mr. Bruderek as Chief Financial Officer effective April 1, 2024.

Key Points: 
  • Enpro Inc. (NYSE: NPO), an industrial technology company, today announced that Joe Bruderek has joined the company as Executive Vice President, Finance, and Enpro’s board has appointed Mr. Bruderek as Chief Financial Officer effective April 1, 2024.
  • Mr. Childress will continue as Enpro’s Chief Financial Officer until April 1, 2024, and will remain with the Company until May 31, 2024, to ensure a smooth transition.
  • “Joe is an accomplished executive with considerable financial and operational expertise, and we are excited to welcome him as Enpro’s next Chief Financial Officer,” said Eric Vaillancourt, President and Chief Executive Officer.
  • Mr. Bruderek served in various financial roles of increasing responsibility from 2000 to 2006 while the business was part of General Electric.

Asia-Pacific Construction Silicones Market Insights Report 2023-2028: Key Vendors are Dow, Wacker Chemie, Shin-Etsu Chemical, Momentive Performance Materials, Elkem, & Evonik Industries - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 24, 2023
Other Construction & Property, Construction & Property, Other Manufacturing, Manufacturing, Astral, Sale, Evonik Industries, Elkem, BASF, Daikin, Growth, BASF SE, SE, Momentive, Pidilite Industries, Sika AG, Renewable energy

This report presents market size and revenue forecasts for the construction silicones market in the Asia-Pacific (APAC) region.

Key Points: 
  • This report presents market size and revenue forecasts for the construction silicones market in the Asia-Pacific (APAC) region.
  • The report encompasses revenue generated from the sale of construction silicones and provides a comprehensive analysis of the current market scenario in APAC, including market size, anticipated forecasts, relevant market segmentations, and industry trends.
  • The construction sector is witnessing a boom in high-rise building projects, which further fuels the demand for construction silicones.
  • In the APAC construction silicones market, the commercial sector, particularly energy-efficient buildings, represents the largest market segment.

New Report by Parsley Health Pulls Back the Curtain on the State of Health of Women in the Workforce, Reveals Top Concerns – and Opportunities – for Employers

Retrieved on: 
Tuesday, October 3, 2023
Women, Human Resources, General Health, Health, Mental Health, Professional Services, Consumer, Other Health, Workforce, Medical Affairs Bureau, Headache, Woman, Prescription, Research, Plasma protein binding, Momentive (software company), TME, Diagnosis, Mental health, Fatigue, Medical device, Pharmaceutical industry, Nursing, Momentive

Fractured care keeps women in a revolving door of prescription drugs, specialist referrals, and delayed diagnosis – and they want out.

Key Points: 
  • Fractured care keeps women in a revolving door of prescription drugs, specialist referrals, and delayed diagnosis – and they want out.
  • “Symptoms and comorbidities for this population are often interrelated and point to bigger, chronic health issues.
  • Parsley Health partnered with SurveyMonkey, a subsidiary of Momentive, to administer the online survey, conducted July 5 - 8, 2023.
  • At the time of the survey, all respondents were employed full-time, had health insurance, and identified as women.

Consortium led by Symphony Technology Group Completes Acquisition of Momentive Global

Retrieved on: 
Wednesday, May 31, 2023
Professional Services, Data Management, Data Analytics, Technology, Software, Artificial Intelligence, Internet, Symphony Technology Group, Qatalyst Partners, P.C, Bank of America, Wilson Sonsini Goodrich & Rosati, BofA Securities, STG, Acquisition, Momentive (software company), Special, Cryptocurrency, Security (finance), Momentive

Momentive , the maker of SurveyMonkey, today announced the completion of its acquisition by an investor consortium led by Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.5 billion.

Key Points: 
  • Momentive , the maker of SurveyMonkey, today announced the completion of its acquisition by an investor consortium led by Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.5 billion.
  • The acquisition was previously announced on March 13, 2023, and approved by Momentive shareholders at the Special Meeting of Shareholders on May 31, 2023.
  • Under the terms of the merger agreement, Momentive shareholders will receive $9.46 per share.
  • Silver Point acted as Sole Lead Arranger and provided committed debt financing in support of the acquisition.

Mind the Gap: Persado Study Highlights Missed Opportunities for Travel Marketers

Retrieved on: 
Thursday, May 25, 2023
Software, Artificial Intelligence, Vacation, Cruise, Internet, Data Management, Women, Technology, Retail, Men, Family, Consulting, Consumer, Online Retail, Professional Services, Luxury, Public Relations, Investor Relations, Marketing, Advertising, Communications, Other Travel, Transportation, Lodging, Destinations, Travel, Social Media, Search Engine Optimization, Search Engine Marketing, Gen, Momentive, Friends, Synthetic media, Intrinsic motivation (artificial intelligence), Multimedia, Social media, Language, Generation Z, Generative, Ageing, Mouth, Online shopping, Tourism

According to the study, consumer debt impacts travel plans — 34% of consumers limit their travel frequency due to debt and 25% go for less expensive trips — yet people are still prioritizing travel.

Key Points: 
  • According to the study, consumer debt impacts travel plans — 34% of consumers limit their travel frequency due to debt and 25% go for less expensive trips — yet people are still prioritizing travel.
  • The study found that social influencers, email promotions, and sponsored social media posts, collectively influence only 19% of consumers’ destination decisions—underscoring the opportunities for marketers to better understand consumer motivations.
  • (Graphic: Business Wire)
    The 2023 Persado Consumer Travel Study report is available today.
  • To read the full report and learn more about how Persado is helping travel brands reach their customers this season, visit https://bit.ly/2023-persado-travel-study .

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNTV, MDWT, HMPT, LNKB

Retrieved on: 
Saturday, May 13, 2023
Symphony Technology Group, Glossary of cue sports terms, Sale, Fraud, Momentive, Advertising, Partner, Security (finance)

If you are a Momentive shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Momentive shareholder, click here to learn more about your rights and options .
  • If you are a Midwest shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

New Persado Study Quantifies Revenue Lift from Pairing Marketing Teams with Generative AI

Retrieved on: 
Thursday, May 11, 2023
Technology, Other Retail, Marketing, Communications, Specialty, Other Travel, Retail, Artificial Intelligence, Online Retail, Travel, Natural language processing, Digital marketing, Momentive, Senior, Deep learning, Synthetic media, Intrinsic motivation (artificial intelligence), Multimedia, Language, NLP, Creativity, Generative, Digital, AI, Sales, Medical device

Marketers — and their brands — have tangible revenue to gain from enlisting a strategic AI partner, according to a new study from Persado , the Motivation Artificial Intelligence (AI) company.

Key Points: 
  • Marketers — and their brands — have tangible revenue to gain from enlisting a strategic AI partner, according to a new study from Persado , the Motivation Artificial Intelligence (AI) company.
  • These and other findings are available in the new report, “ Better Together: Generative AI + Human Creativity.
  • The study demonstrates how Generative AI can augment experienced marketing teams, using personalized language to generate higher-performing content that not only catches consumers’ attention, but also motivates them to act.
  • To read more about the findings and the messages presented in the survey, read the full Better Together: Generative AI + Human Creativity report on the Persado website.

New Study from Cirrus Insight: Optimizing Sales Tech for Maximum ROI

Retrieved on: 
Wednesday, May 10, 2023
Partnership, ROI, Cirrus Insight, Momentive, Sales

RALEIGH, N.C., May 10, 2023 /PRNewswire/ -- Top performing sales teams are reducing costs, improving productivity, and improving ROI via tech consolidation, according to a new report.

Key Points: 
  • RALEIGH, N.C., May 10, 2023 /PRNewswire/ -- Top performing sales teams are reducing costs, improving productivity, and improving ROI via tech consolidation, according to a new report.
  • Cirrus Insight, a leader in sales productivity software, in partnership with Momentive, gathered input from over 200 sales leaders, managers, and professionals from across the globe.
  • The report, titled " Revving Up Revenue: Examining the impact of sales tech on high-performing teams ," provides an in-depth look at the role of sales technology, how companies are effectively utilizing it to increase their sales performance, the most used sales tools, and the sales tools that provide the highest level of contribution toward quota attainment.
  • "Right now, most sales teams use an average of 10 sales tools to close a deal.