Business Chief Europe Magazine June 2015 | Page 79

SUPPLY CHAIN
Momentive ’ s global footprint
from Hexion and corporate restructuring .
Following the restructuring , Apollo , though it remains at about 40 percent the largest single shareholder , no longer has the majority share in Momentive , and Hexion is again a separate company with its own board and CEO .
Momentive has what Duty refers to as an older style footprint ; the three biggest of its 23 global manufacturing plants are respectively located in Waterford in upstate New York , Germany and Japan . None of these has any advantages of low cost labor or cheap utilities . Newer plants have been built strategically in China , Thailand and India , but for the time being the lion ’ s share of production comes out of relatively high cost manufacturing locations . One of the challenges for supply chain
William Duty , Director of Momentive ’ s Supply Chain Center of Excellence
www . momentive . com 79