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PPG announces price increase on packaging coatings products globally

Monday, September 24, 2018 12:02 pm EDT

Dateline:

PITTSBURGH
"While PPG remains aggressive in its efforts to control expenses, this price increase is vital to sustaining our commitment to innovation and developing next-generation coatings for the benefit of our customers and their end-users"

PITTSBURGH, Sept. 24, 2018 – PPG (NYSE:PPG) today announced that it is implementing a global price increase of 8 to 10 percent on all packaging coatings technologies. The change is effective Oct. 1, 2018, or as permissible by contract, and applies to all packaging coatings products globally.

Continued cost pressures from raw materials, freight, distribution and labor in every region necessitated the price adjustments. 

“While PPG remains aggressive in its efforts to control expenses, this price increase is vital to sustaining our commitment to innovation and developing next-generation coatings for the benefit of our customers and their end-users,” said Amy Ericson, PPG senior vice president, packaging coatings.

PPG sales representatives will communicate additional price increase details to their customers.

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:

Jamie Cowden
Industrial Coatings
412-434-3082
jcowden@ppg.com
www.ppgindustrialcoatings.com


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