Increases capacity for environmentally sustainable waterborne coatings
to meet growing demand
WUPPERTAL, Germany--(BUSINESS WIRE)--Jun. 30, 2015--
PPG Industries (NYSE:PPG) today announced the completion of a $5 million
expansion at its coatings manufacturing facility in Wuppertal, Germany.
The project added equipment to existing buildings on the campus,
supporting up to a 35 percent increase in annual production capacity of
environmentally sustainable waterborne coatings for automotive and
industrial applications. The facility, which employs more than 190
people, plans to hire employees to manage the increased capacity.
The additional capacity will enable PPG to meet increasing demand for
its waterborne coatings by automotive manufacturers and industrial
customers in the region. Waterborne coatings use water as a base instead
of the chemical solvents used in traditional coatings. In addition to a
heightened focus throughout Europe on using sustainable products and
practices, waterborne-coatings demand is being driven by adoption of
compact-paint-process technologies by automotive manufacturers in
Europe. Compact paint processes reduce the number of steps needed to
paint a vehicle, enabling manufacturers to reduce energy used during the
process and downsize the space required for the paint process in a
manufacturing facility.
“Waterborne coatings offer manufacturers a more sustainable alternative
to typical solvent-based coatings by reducing volatile organic
compounds,” said Jean-Marie Greindl, vice president, automotive original
equipment manufacturer (OEM) coatings, Europe, Middle East and Africa
(EMEA), and president, PPG EMEA. “PPG has been at the forefront of this
technology throughout its evolution and holds a leading position in this
segment in Europe.”
PPG: BRINGING INNOVATION TO THE SURFACE.™
PPG Industries'
vision is to be the world’s leading coatings company by consistently
delivering high-quality, innovative and sustainable solutions that
customers trust to protect and beautify their products and surroundings.
Through leadership in innovation, sustainability and color, PPG provides
added value to customers in construction, consumer products, industrial
and transportation markets and aftermarkets to enhance more surfaces in
more ways than does any other company. Founded in 1883, PPG has global
headquarters in Pittsburgh and operates in more than 70 countries around
the world. Reported net sales in 2014 were $15.4 billion. PPG shares are
traded on the New York Stock Exchange (symbol:PPG). For more
information, visit www.ppg.com
and follow @PPGIndustries
on Twitter.
Bringing innovation to the surface is a trademark of PPG
Industries Ohio, Inc.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150630005108/en/
Source: PPG Industries, Inc.
Media:
PPG Corporate Communications, EMEA
Ken
Armistead, +44 1924 354848
EMEACommunications@ppg.com
or
PPG
Corporate Communications
Mark Silvey, 412-434-3046
silvey@ppg.com
or
Investors:
PPG
Investor Relations
Scott Minder, 412-434-3466
sminder@ppg.com