Momentive Specialty Chemicals Chooses Meridium for Asset Performance Management Solution

ROANOKE, Va., Oct. 16, 2012 /PRNewswire/ -- Meridium^® Inc., the global leader in asset performance management (APM) software and services, today announced that Momentive Specialty Chemicals Inc. has chosen Meridium as its technology solution to support EHS excellence and reduce unbudgeted downtime and maintenance costs.

"Momentive is committed to operating our sites in a safe and environmentally responsible manner that protects our people, customers and communities," according to Cliff Hardaway, Global Director for EPCD Operations and Maintenance Excellence for Momentive. "To support this core value and achieve targeted business results, Momentive is committed to excellence in our operations which includes optimizing the reliability of our manufacturing assets.  The Meridium asset performance management system will serve as an enabling tool to help us achieve operational excellence goals." 

As part of the Meridium project, Momentive will implement solutions from the Meridium Failure Elimination and Asset Strategy work processes including SAP^® and OSI-PI^® integration, Operator Rounds, Root Cause Analysis, Reliability Analytics, Production Loss Accounting and Reliability Centered Maintenance, among others.  Momentive also chose to employ Meridium's Packaged Solutions: fixed-price, fixed scope, low-risk implementation packages that provide a standard path to APM value through the deployment of Meridium best practices, software, training and services. 

"Meridium is pleased to add Momentive to our growing list of partners in the specialty chemicals industry," said Meridium CEO Bonz Hart. "In addition to environmental, health and safety excellence, Momentive can expect to benefit from optimized uptime, risk mitigation, and achieve greater bottom line profitability with its Meridium implementation."

About Meridium
Meridium is the global leader in asset performance management software and services for asset-intensive industries. Meridium lowers the risk of harm to people, our planet and profits by predicting and preventing physical asset failures. With Meridium's unique enterprise analytics, our clients minimize production downtime while improving safety. Meridium is headquartered in Roanoke, VA, USA, with offices around the world including: Houston, TX, USA; Dubai, UAE; Bangalore, India; Madrid, Spain; Singapore; and Perth, Australia. www.meridium.com  

About Momentive Specialty Chemicals Inc.
Based in Columbus, Ohio, Momentive Specialty Chemicals Inc. is the global leader in thermoset resins. Momentive Specialty Chemicals Inc. serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. 

SOURCE Meridium Inc.