PPG Industries: Bringing innovation to the surface
Menu

Tweets

  • Today many countries in South America are celebrating Friendship Day. Our employees in Brazil wanted to share some… https://t.co/AQJm0QqlTN1 day 20 min ago
  • What an excellent example of PPG PSX 700, UV protection and color retention on this 1954 Burlington Northern caboos… https://t.co/uo6x9FG9kc1 day 20 hours ago
  • The next generation of professional painters will thrive on convenience and look to digital resources to complement… https://t.co/78V7KcFuQT2 days 20 hours ago
  • Studies show that dogs make us happy. Color can do that, too. Visit https://t.co/zKLYT98my4 to find… https://t.co/uDxZElICcL3 days 20 hours ago
  • We love ! Here are some of the places where you can find paints & coatings ✈️.4 days 1 hour ago

PPG Announces Global Price Increase on Industrial Coatings Products

Monday, December 3, 2018 10:03 am EST

Dateline:

PITTSBURGH
"We continue to be diligent in offsetting costs and exercising cost-control measures across our supply chain to increase efficiency"

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it will implement a 10 percent price increase on all of its industrial coatings products globally. The change will be effective Jan. 1, 2019, or as permissible by contract, and will apply to all industrial coatings end-use segments.

Tim Knavish, PPG senior vice president, industrial coatings, cited unprecedented cost pressures in raw materials, freight, energy and labor for the resulting price increase.

“We continue to be diligent in offsetting costs and exercising cost-control measures across our supply chain to increase efficiency,” said Knavish. “Despite these efforts, we must modify our pricing to ensure that we can continue to deliver exceptional technical support and solutions to our customers.”

PPG sales representatives will communicate price increase details to 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 135 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 $14.7 billion in 2017. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

Contact:

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


Business Wire NewsHQsm