Investment adds e-coat production and blending at resin manufacturing
facility
ZHANGJIAGANG, China--(BUSINESS WIRE)--Jan. 8, 2016--
PPG Industries (NYSE: PPG) today held a ceremony marking the completion
of a $20 million center for on-site electrocoat coatings blending at its
resin manufacturing facility in Zhangjiagang, China.
The new 37,500-square-foot (nearly 3,500 square meters) center adds
production and blending capacity for high-performance cathodic
electrocoat (e-coat) coatings. It is PPG’s second e-coat blending
operation in China along with one in Tianjin. The new operation will
help PPG meet growing demand by automotive-manufacturing and industrial
customers for environmentally friendly coatings, such as waterborne
e-coat products that comply with environmental regulations in China.
Nearly 100 guests attended the opening ceremony, including local
government officials, customer representatives, PPG executives and
employees of the Zhangjiagang plant.
“China is the world’s second-largest economy and continues to be among
PPG’s most important strategic markets globally,” said John Richter, PPG
vice president of operations, coatings, Asia Pacific. “We remain
committed to meeting customer demand in China through ongoing
investment. As a key production base for PPG, our Zhangjiagang site has
capacity for expansion, reflecting our confidence in China’s sustainable
economic growth."
PPG was the first company to introduce electrocoat technology
commercially in an automotive OEM (original equipment manufacturer)
assembly plant 52 years ago. E-coat technology offers high coating
uniformity and efficiency as well as superior corrosion protection, and
it has virtually eliminated rust on vehicles in addition to providing
corrosion resistance to household appliances, computers and other
electronic devices, and automotive and mechanical parts.
The Zhangjiagang site started production in 2011 as PPG’s first resin
plant in China, supplying both PPG coatings businesses and customers in
the Asia Pacific region.
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 and the PPG Logo are
trademarks and registered trademarks of PPG Industries Ohio, Inc.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160108005444/en/
Source: PPG Industries
PPG Corporate Communications
Mark Silvey, +1-412-434-3046
silvey@ppg.com
or
PPG
China
Hunter Lee, 86 22 6620 6102
hunterlee@ppg.com
china.ppg.com
or
Investors:
PPG
Investor Relations
Scott Minder, +1-412-434-3466
sminder@ppg.com