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2018

PPG announces price increase on industrial coatings products in North America


PITTSBURGH, June 20, 2018 – PPG (NYSE:PPG) today announced that it will implement a price increase of up to 6 percent on all of its industrial coatings technologies in North America. The change is effective July 1, 2018, or as permissible by contract, and applies to all industrial coatings end-use segments.
 
Kevin Braun, PPG vice president, industrial coatings, Americas, said continued increasing cost pressures from raw materials and labor drove the need for further price adjustments.
 
“PPG continues to be aggressive in its efforts to control costs through enhanced operational efficiencies,” said Braun. “While these efforts have been successful in many regards, rising costs throughout the supply chain require that we modify our pricing at this time. These price increases ensure that we can continue to deliver the industry’s most innovative coatings solutions along with the value-adding support of our exceptional technical and service teams.”
 
PPG sales representatives will communicate price increase details to their customers for all affected products.
 
 
PPG: WE PROTECT AND BEAUTIFY THE WORLD™
At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 130 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $14.8 billion in 2017. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

 
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PPG Media Contact:
Jamie Cowden
Industrial Coatings
412-434-3082
jcowden@ppg.com
www.ppgindustrialcoatings.com