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PPG to Elevate Coil & Extrusion Coating Product Costs in North America

Published on 2011-08-12. Author : SpecialChem

PPG Industries' industrial coatings business announced that it is raising prices by an average of 5 to 8 percent on all its coil and extrusion coating products in North America, effective Sept. 1 or as permissible by contract.

"Raw material costs have risen dramatically during the first two quarters of 2011, and they are continuing to trend upward," said Richard Zoulek, PPG General Manager, industrial coatings, U.S. and Canada. "While PPG has implemented aggressive cost-control measures throughout its operations, these efforts have not sufficiently offset surging raw material costs, thus necessitating this price increase."

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 world's leading coatings and specialty products company. 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.

Source: PPG Industries


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