WATERFORD, N.Y. — Momentive Performance Materials has announced the pending sale of its consumer sealants segment to Henkel. The terms of the sale, which includes GE-branded consumer sealants carried by hardware retailers, have not been disclosed. Momentive says it will continue to manufacture these products through 2021 under a transition supply agreement with Henkel. Beginning in 2021 and continuing into 2022, the company plans to phase out basic chemicals production at its Waterford, N.Y. plant.
Momentive to sell sealants business
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