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PPG Raises Price on Industrial Coatings Products in North America

Published on 2010-12-07. Author : SpecialChem

PITTSBURGH -- PPG Industries' industrial coatings business announced that it is raising prices an average of 5 to 10 percent on all its products in North America, effective Dec. 1 or as permissible by contract.

"While PPG continues to implement cost-control measures throughout its operations, these efforts have not sufficiently offset rapidly rising raw material costs from key suppliers to the industrial coatings business, who are experiencing growing global demand as well as supply chain issues," said Richard Zoulek, PPG General Manager, Industrial Coatings, United States and Canada.

Sales representatives will communicate price-increase details to their customers for all products affected.

About PPG

PPG Industries' vision is to continue to be one of the the world's leading coatings and specialty products companies. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG operates in more than 60 countries around the globe. Sales in 2009 were $12.2 billion.

Source: PPG

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